Leases (Tables)

12 Months Ended

Dec. 31, 2022

Leases [Abstract]

Schedule of Lease Cost Included in Cost of Sale and Operating Expenses

Lease cost is recognized in both the Cost of Sales and Operating Expenses sections of the Consolidated Statements of Income.

(In thousands)	Year ended December 31, 2022		Year ended December 31, 2021
Lease Cost
Operating lease cost	$	16,042	$	15,630
Short-term lease cost		7,029		6,570
Variable lease cost		1,206		892
Total lease cost	$	24,277	$	23,092
Other Information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flow from operating leases	$	15,963	$	14,885
Right-of-use assets obtained in exchange for operating lease liabilities		7,588		19,610

Schedule of Maturities of Lease Liabilities

The following table outlines maturities of lease liabilities as of December 31, 2022:

(In thousands)
Undiscounted Cash Flows:
2023	$	14,683
2024		9,461
2025		6,892
2026		5,226
2027		4,767
Subsequent to 2027		34,063
Total Undiscounted Cash Flows	$	75,092
Less: Imputed interest		(11,481	)
Present value	$	63,611
Current operating lease liabilities (1)		13,052
Non-current operating lease liabilities		50,559
Total lease liabilities	$	63,611

(1)This item is included in Accrued liabilities line on the Company’s Consolidated Balance Sheet.

Schedule of Operating Leases Weighted Average, Remaining Lease Term and Discount Rate

Weighted-average remaining lease term-operating leases	10 Years
Weighted-average discount rate-operating leases	3.2%