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Leases (Tables)
3 Months Ended
Mar. 31, 2022
Leases [Abstract]  
Schedule of Components of Lease Expense
Components of lease expense required by ASC 842 are presented below for the three months ended March 31, 2022 and 2021.
Three Months Ended March 31,
20222021
(in thousands)
Lease cost
Operating lease cost$1,386 $1,439 
Short-term lease cost355 167 
Variable lease cost82 72 
Total lease cost$1,823 $1,678 
Schedule of Supplemental Information Required by ASC 842
Supplemental information required by ASC 842 is presented below for the three months ended March 31, 2022 and 2021.
Three Months Ended March 31,
20222021
(dollar amounts in thousands)
Other information
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases$1,711$1,583
Weighted-average remaining lease term — operating leases4.4 years5.6 years
Weighted-average discount rate — operating leases4.2 %4.2 %
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 March 31, 2022:
Period/YearOperating Leases
(in thousands)
April 1 to December 31, 2022$4,634 
20234,956 
20243,119 
20251,396 
20261,337 
20271,363 
Thereafter1,505 
Total minimum lease payments$18,310 
Less: imputed lease payments1,703 
Present value of lease liabilities$16,607