LEASES (Tables)

9 Months Ended

Sep. 30, 2022

LEASES

Summary of components of lease expense

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

	Three months ended				Nine months ended
	September 30, 2022		September 30, 2021		September 30, 2022		September 30, 2021
Operating lease cost:
Operating lease cost	$	6,061	$	5,921	$	18,398	$	14,395
Short-term lease cost		714		661		1,869		1,798
Variable lease cost		1,010		633		2,456		2,713
Total operating lease cost	$	7,785	$	7,215	$	22,723	$	18,906
Finance lease cost:
Amortization of right-of-use asset	$	742	$	618	$	2,321	$	1,807
Variable costs		209		194		667		586
Interest costs		93		—		290		—
Total finance lease cost	$	1,044	$	812	$	3,278	$	2,393

Summary of weighted-average remaining lease term and discount rate

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

	September 30, 2022		December 31, 2021
Weighted-average remaining lease term
Operating leases		11.0 years		11.3 years
Financing leases		9.4 years		9.5 years
Weighted-average discount rate
Operating leases		5.3%		5.4%
Financing leases		6.6%		6.4%

Summary of maturities of operating lease liabilities

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

	Operating Leases		Financing Leases
2022 (excluding the nine months ended September 30, 2022)	$	6,299	$	333
2023		19,419		1,337
2024		17,492		1,228
2025		14,569		1,030
2026		10,175		539
Thereafter		67,749		3,145
Total lease payments		135,703		7,612
Less imputed interest		(40,428)		(1,999)
Total	$	95,275	$	5,613

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 nine months ended September 30, 2022)	$	6,299	$	333
2023		19,419		1,337
2024		17,492		1,228
2025		14,569		1,030
2026		10,175		539
Thereafter		67,749		3,145
Total lease payments		135,703		7,612
Less imputed interest		(40,428)		(1,999)
Total	$	95,275	$	5,613

	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 nine months ended September 30, 2022)	$	1,462
2023		5,384
2024		4,951
2025		4,839
2026		4,503
Thereafter		11,216
Total future lease payments	$	32,355