Leases (Tables)

12 Months Ended

Dec. 31, 2023

Leases [Abstract]

Lease, Cost

Lease costs were as follows.

(in thousands)	2023		2022		2021
Operating lease cost	$	4,670	$	4,930	$	3,154
Short-term lease cost	—		18		—
Variable lease cost	58		62		67
Sublease income	(130)		(106)		(121)
Net lease cost	$	4,598	$	4,904	$	3,100

The table below presents other information on the Company's operating leases for the years ended December 31,

(in thousands)	2023		2022		2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	4,414	$	4,160	$	2,757
Right-of-use asset obtained in exchange for new operating lease liabilities	573		1,158		717

Maturity Analysis of Operating Lease Liabilities

A maturity analysis of operating lease liabilities and reconciliation of the undiscounted cash flows to the total operating lease liability at December 31, 2023 is as follows:

(in thousands)
Within one year	$	4,287
After one year but within three years	6,169
After three years but within five years	3,339
After 5 years	5,683
Total undiscounted cash flows	19,478
Discount on cash flows	(2,587)
Total lease liability	$	16,891