Leases (Tables)

12 Months Ended

Dec. 31, 2022

Leases [Abstract]

Schedule of Leases

Leases consisted of the following at December 31:

(In thousands)	Balance Sheet Classification	2022		2021
Assets:
Operating	Operating lease assets	$	23,769	$	27,569
Finance	Property, plant and equipment, net	4,462		1,709
Total lease assets		$	28,231	$	29,278
Liabilities:
Current:
Operating	Accrued liabilities	$	5,587	$	6,494
Finance	Current debt	1,537		682
Noncurrent:
Operating	Noncurrent operating lease liabilities	$	19,816	$	22,352
Finance	Long-term debt, less current portion	3,462		1,041
Total lease liabilities		$	30,402	$	30,569

During 2022, we entered into $4.8 million and $4.4 million of new operating lease liabilities and finance lease liabilities, respectively, in exchange for leased assets.

Lease Term and Discount Rate	December 31, 2022
Weighted-average remaining lease term (years)
Operating leases	6.6
Finance leases	3.5
Weighted-average discount rate
Operating leases	4.6	%
Finance leases	6.6	%

Schedule of Maturity of Lease Liabilities, Finance Leases

The maturity of lease liabilities as of December 31, 2022 is as follows:

(In thousands)	Operating Leases		Finance Leases		Total
2023	$	6,619	$	1,803	$	8,422
2024	4,501		1,567		6,068
2025	3,422		1,307		4,729
2026	3,245		903		4,148
2027	3,042		61		3,103
Thereafter	9,042		—		9,042
Total lease payments	29,871		5,641		35,512
Less: Interest	4,468		642		5,110
Present value of lease liabilities	$	25,403	$	4,999	$	30,402

Schedule of Maturity of Lease Liabilities, Operating Leases

The maturity of lease liabilities as of December 31, 2022 is as follows:

(In thousands)	Operating Leases		Finance Leases		Total
2023	$	6,619	$	1,803	$	8,422
2024	4,501		1,567		6,068
2025	3,422		1,307		4,729
2026	3,245		903		4,148
2027	3,042		61		3,103
Thereafter	9,042		—		9,042
Total lease payments	29,871		5,641		35,512
Less: Interest	4,468		642		5,110
Present value of lease liabilities	$	25,403	$	4,999	$	30,402