Lease Commitments (Tables)

12 Months Ended

Dec. 31, 2021

Leases [Abstract]

Schedule of Components of Lease Expense

Components of lease expense required by ASC 842 are presented below for the years ended December 31, 2021, 2020 and 2019.

	Year Ended December 31,
	2021		2020		2019
	(in thousands)
Lease cost
Operating lease cost	$	6,210	$	5,381	$	4,699
Short-term lease cost	747		738		830
Variable lease cost	973		464		591
Total lease cost	$	7,930	$	6,583	$	6,120

Schedule of Supplemental Information Required by ASC 842

Supplemental information required by ASC 842 is presented below for the years ended December 31, 2021, 2020 and 2019.

	Year Ended December 31,
	2021			2020			2019
	(dollar amounts in thousands)
Other information
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	6,609		$	5,690		$	4,908
ROU Assets obtained in exchange for lease obligations1	$	7,143		5,410			21,366
Weighted-average remaining lease term — operating leases	4.5 years			5.4 years			6.2 years
Weighted-average discount rate — operating leases	4.2		%	4.5		%	4.7		%

1.ROU Assets obtained in exchange for lease obligations for the year ended December 31, 2019 includes the amount initially capitalized in conjunction with the adoption of ASC 842.

Schedule of Future Minimum Lease Payments

The following is a schedule by calendar year of future minimum lease payments under operating leases that have remaining terms as of December 31, 2021:

Period/Year	Operating Leases
	(in thousands)
2022	6,470
2023	4,822
2024	2,699
2025	1,311
2026	1,337
Thereafter	2,867
Total minimum lease payments	$	19,506
Less: imputed lease payments	$	1,702
Present value of lease liabilities	$	17,804