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Operating Leases
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Operating Leases
11. Operating Leases
The following table presents weighted-average terms for our operating leases:
DECEMBER 31,
20222021
Weighted-average discount rate2.6 %3.0 %
Weighted-average remaining lease term6.8 years3.9 years
The following table presents operating lease expense included in SG&A (in thousands):
DECEMBER 31,
Lease Cost20222021
Operating lease expense$6,279 $6,363 
Variable lease costs965 1,078 
Short-term lease expense1,615 1,199 
Sublease income(205)(87)
Total operating lease expense$8,654 $8,553 
The following table presents the maturities of operating lease liabilities as of December 31, 2022 (in thousands):
2023$5,051 
20244,072 
20252,869 
20261,864 
20271,763 
Thereafter7,151 
Total maturities of operating lease liabilities22,770 
Less: imputed interest1,814 
Total operating lease liabilities$20,956 
Our corporate headquarters lease in Tampa, Florida, requires aggregate future lease payments of approximately $10.9 million over the entire lease term, which includes annual escalation adjustments, and has a non-cancellable lease term of 129 months, excluding renewal options. As part of the executed lease, we received a leasehold improvement allowance of $1.6 million for the design, engineering, installation, supply and construction of the improvements. Lease payments begin on July 1, 2023, however, the lease accounting commencement date began in the fourth quarter of 2022 when we occupied the facility.