LEASES (Tables)

6 Months Ended

Jun. 30, 2022

LEASES

Summary of components of lease expense

The components of lease expense were as follows (in thousands):

	Three months ended				Six months ended
	June 30, 2022		June 30, 2021		June 30, 2022		June 30, 2021
Operating lease cost:
Operating lease cost	$	6,194	$	4,248	$	12,337	$	8,473
Short-term lease cost		645		729		1,154		1,137
Variable lease cost		642		1,016		1,446		2,080
Total operating lease cost	$	7,481	$	5,993	$	14,937	$	11,690
Finance lease cost:
Amortization of right-of-use asset	$	782	$	615	$	1,579	$	1,190
Variable costs		210		197		458		392
Interest costs		95		—		197		—
Total finance lease cost	$	1,087	$	812	$	2,234	$	1,582

Summary of weighted-average remaining lease term and discount rate

The weighted average remaining lease terms and discount rates as of June 30, 2022 and December 31, 2021 are noted in the table below:

	June 30, 2022		December 31, 2021
Weighted-average remaining lease term
Operating leases		11.3 years		11.3 years
Financing leases		9.7 years		9.5 years
Weighted-average discount rate
Operating leases		5.4%		5.4%
Financing leases		6.5%		6.4%

Summary of maturities of operating lease liabilities

Maturities of lease liabilities as of June 30, 2022 were as follows (in thousands):

	Operating Leases		Financing Leases
2022 (excluding the six months ended June 30, 2022)	$	11,451	$	651
2023		18,831		1,307
2024		17,294		1,198
2025		14,461		992
2026		10,349		547
Thereafter		69,233		3,145
Total lease payments		141,619		7,840
Less imputed interest		(41,765)		(2,085)
Total	$	99,854	$	5,755

Maturities of lease liabilities as of December 31, 2021 were as follows (in thousands):

	Operating Leases		Financing Leases
2022	$	20,474	$	1,269
2023		17,941		1,278
2024		16,634		1,169
2025		13,640		975
2026		9,610		484
Thereafter		65,902		3,145
Total lease payments		144,201		8,320
Less imputed interest		(42,333)		(2,268)
Total	$	101,868	$	6,052

Summary of maturities of finance lease liabilities

	Operating Leases		Financing Leases
2022 (excluding the six months ended June 30, 2022)	$	11,451	$	651
2023		18,831		1,307
2024		17,294		1,198
2025		14,461		992
2026		10,349		547
Thereafter		69,233		3,145
Total lease payments		141,619		7,840
Less imputed interest		(41,765)		(2,085)
Total	$	99,854	$	5,755

	Operating Leases		Financing Leases
2022	$	20,474	$	1,269
2023		17,941		1,278
2024		16,634		1,169
2025		13,640		975
2026		9,610		484
Thereafter		65,902		3,145
Total lease payments		144,201		8,320
Less imputed interest		(42,333)		(2,268)
Total	$	101,868	$	6,052

Schedule of maturities of future undiscounted lease payments

2022 (excluding the six months ended June 30, 2022)	$	2,776
2023		5,024
2024		4,633
2025		4,518
2026		4,179
Thereafter		10,758
Total future lease payments	$	31,888