Leases (Tables)

9 Months Ended

Sep. 30, 2023

The components of lease expense were as follows:


	Three months ended				Nine months ended
	September 30,				September 30,
	2023		2022		2023		2022
Operating lease cost	$	1,412	$	1,368	$	4,169	$	4,072

Finance lease cost:
Amortization of leased assets in property, plant and equipment	$	59	$	55	$	178	$	149
Interest on lease obligation	47		39		140		120
Total finance lease cost	$	106	$	94	$	318	$	269

The following table provides supplemental cash flows information related to leases:


	Nine months ended
	September 30,
	2023		2022
Cash Flows from Operating Activities
Cash paid for amounts included in lease obligations:
Operating cash flows for operating leases	$	3,496	$	3,507
Supplemental Lease Cash Flow Disclosures
Operating lease right-of-use assets obtained in exchange for new operating lease obligations	1,980		2,775

The following tables set forth supplemental balance sheet information related to leases:


	September 30, 2023		December 31, 2022
Operating Leases
Operating lease right-of-use assets	$	21,001	$	21,814

Accounts payable and accrued liabilities	$	3,538	$	3,547
Operating lease obligation	17,730		18,659
Total operating lease obligation	$	21,268	$	22,206
Finance Leases
Property, plant and equipment, at cost	$	2,962	$	2,770
Accumulated depreciation and amortization	(1,424)		(1,224)
Property, plant and equipment, net	$	1,538	$	1,546

Current portion of long-term debt	$	178	$	170
Long-term debt	1,663		1,647
Total finance lease obligation	$	1,841	$	1,817



	September 30,
	2023		2022
Weighted-Average Remaining Lease Term (years)
Operating leases	7.8		8.1
Finance leases	7.3		7.9

Weighted-Average Discount Rate
Operating leases	4.0	%	3.6	%
Finance leases	8.2	%	7.9	%

The following table provides the expected future minimum maturities of lease obligations:

The following table provides the expected future minimum maturities of lease obligations: