Leases (Tables)

12 Months Ended

Dec. 31, 2022

Leases [Abstract]

Components of lease expense, and lease assets and liabilities

The components of lease expense were as follows:

	Year Ended December 31,
(in thousands)	2022		2021
Finance lease cost:
Amortization of right-of-use assets (included in depreciation expense)	$	96	$	444
Interest on lease liabilities		29		192
Operating lease cost		17,485		16,155
Short-term lease cost		307		339
Variable lease cost		1,892		1,737
Total lease cost	$	19,809	$	18,867

Other information:
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows used for finance lease	$	29	$	212
Operating cash flows used for operating leases	$	17,277	$	16,721
Financing cash flows used for finance lease	$	165	$	873
Right-of-use assets obtained in exchange for new operating lease liabilities	$	11,694	$	32,811

The lease assets and liabilities as of December 31, 2021 were as follows (in thousands):

	December 31,
	2022			2021
Finance lease right-of-use assets (included in other assets)	$	664		$	760
Operating lease right-of-use assets	$	93,081		$	99,158
Finance lease liability, current (included in current installments of long-term debt)	$	173		$	165
Finance lease liability, noncurrent (included in long-term debt)	$	355		$	529
Operating lease liabilities, current (included in accrued liabilities)	$	12,020		$	13,465
Operating lease liabilities, noncurrent	$	86,687		$	90,878
Weighted average remaining lease term – finance leases	2.9 years			3.9 years
Weighted average remaining lease term – operating leases	9.8 years			10.0 years
Weighted average discount rate – finance leases		4.8	%		4.8	%
Weighted average discount rate – operating leases		4.1	%		4.1	%

Future annual minimum lease payments and finance lease commitments

Future annual minimum lease payments and finance lease commitments as of December 31, 2021 were as follows (in thousands):

Year ending December 31,	Operating Leases			Finance Leases
2023		14,949			194
2024		13,654			194
2025		12,869			178
2026		11,473			—
2027		10,369			—
2028 and thereafter		57,531			—
Total minimum lease payments	$	120,845		$	566
Less: imputed interest		(22,138	)		(38	)
Present value of lease liabilities	$	98,707		$	528