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Leases (Tables)
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Other Operating and Finance Lease Information As of December 31, 2022, the maturity of lease liabilities under Topic 842 are as follows:
YearOperating LeasesFinancing LeasesTotal
 (In thousands)
2023$3,877 $158 $4,035 
20242,612 133 2,745 
20251,994 19 2,013 
20261,292 — 1,292 
2027590 — 590 
Thereafter1,069 — 1,069 
Total11,434 310 11,744 
Less: present value discount*(1,467)(16)(1,483)
              Present value of lease liabilities9,967 294 10,261 
Less: current portion of lease liabilities(3,354)(147)(3,501)
     Total long-term lease liabilities$6,612 $147 $6,759 
* The discount rate used was the relevant incremental borrowing rate in each of the jurisdictions
wherein the leased properties are located
Other information about lease amounts recognized in our consolidated statement of income is summarized as follows:
December 31, 2022
Weighted Average Lease Term - Operating Leases4.08 years
Weighted Average Lease Term - Finance Leases2.02 years
Weighted Average Discount Rate - Operating Leases8.05 %
Weighted Average Discount Rate - Finance Leases5.77 %
Lease Cost The lease cost recognized in our consolidated statements of income in the category of general and administrative, is summarized as follows:
Year Ended December 31,
(In thousands)20222021
Operating Lease Cost $4,077 $4,860 
Finance Lease Cost:
                   Amortization of Lease Assets175194
                   Interest on Lease liabilities2335
Finance Lease Cost198229
Sublease Income(93)(118)
Total Net Lease Cost$4,182 $4,971 
Schedule of Future Minimum Rental Payments for Operating Lease
Commitments for minimum rentals under non-cancellable leases, under the legacy guidance in ASC 840 as of December 31, 2022 were as follows:

YearOperating LeasesFinancing Leases
 (In thousands)
2023$3,877 $158 
20242,612 133 
20251,994 19 
20261,292 — 
2027590 — 
Thereafter1,069 — 
Total$11,434 $310 
Less: sublease income(93)
Net lease payments$11,341 
Less: amount representing interest 23 
Present value of obligations under financing leases $333 
Less: current portion (147)
Long-term obligations $186 
Schedule of Future Minimum Lease Payments for Capital Lease
Commitments for minimum rentals under non-cancellable leases, under the legacy guidance in ASC 840 as of December 31, 2022 were as follows:

YearOperating LeasesFinancing Leases
 (In thousands)
2023$3,877 $158 
20242,612 133 
20251,994 19 
20261,292 — 
2027590 — 
Thereafter1,069 — 
Total$11,434 $310 
Less: sublease income(93)
Net lease payments$11,341 
Less: amount representing interest 23 
Present value of obligations under financing leases $333 
Less: current portion (147)
Long-term obligations $186 
Schedule of Future Principal Debt Payments and Minimum Lease Payments Under Non-Cancelable Operating and Capital Leases Such arrangements represent further commitments of approximately $17.1 million as follows:
YearCommitments
 (In thousands)
2023$12,593 
20242,954 
Thereafter1,557 
Total$17,104