Leases (Tables)

6 Months Ended

Jun. 30, 2023

Lease costs were as follows:


	For the Three Months Ended June 30,				For the Six Months Ended June 30,
(in thousands)	2023		2022		2023		2022
Operating lease cost	$	1,164	$	1,242	$	2,354	$	2,468
Short-term lease cost	—		7		—		18
Variable lease cost	14		17		29		33
Sublease income	$	(33)	$	(32)	(65)		(64)
Net lease cost	$	1,145	$	1,234	$	2,318	$	2,455

The table below presents other information on the Company's operating leases for the six months ended June 30, 2023 and 2022:


	Six Months Ended June 30,
(in thousands)	2023		2022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	2,206	$	1,985
Right-of-use assets obtained in exchange for new operating lease liabilities	467		89

Maturity analysis of operating lease liabilities

A maturity analysis of operating lease liabilities and a reconciliation of the undiscounted cash flows to the total operating lease liability at June 30, 2023 are as follows:


(in thousands)
Within one year	$	4,774
After one year but within three years	7,204
After three years but within five years	4,239
After five years	6,439
Total undiscounted cash flows	22,656
Discount on cash flows	(2,946)
Total operating lease liabilities	$	19,710