v3.23.2
LEASES
 6 Months Ended
Jun. 30, 2023
Leases [Abstract]  
LEASES LEASES
The components of lease expense (income) of the Company’s operating leases are as follows:
Three Months Ended
June 30,		Six Months Ended
June 30,
(in thousands)2023202220232022
Operating lease expenses$7,178 $7,471 $14,292 $15,130 
Variable lease costs930 838 1,821 1,603 
Short-term lease costs188 69 439 210 
Sublease income(1,276)$(1,142)$(2,551)$(2,103)
Total lease costs$7,020 $7,236 $14,001 $14,840 
Maturities of the Company’s operating lease liabilities as of June 30, 2023 are as follows:
Maturity of Lease LiabilitiesOperating
(in thousands)Leases
Remainder of 2023$13,837 
202426,936 
202524,000 
202622,267 
202717,668 
Thereafter67,081 
Total lease payments$171,789 
Less: Interest(21,827)
Present value of lease liabilities$149,962 
Other accrued liabilities$22,737 
Long-term operating lease liabilities$127,225 
Weighted-average remaining lease term and discount rate for the Company’s operating leases are as follows:
As of
June 30,December 31,
Lease Term and Discount Rate20232022
Weighted-average remaining lease term (years)7.457.86
Weighted-average discount rate3.54 %3.40 %
Other information related to the Company’s operating leases are as follows:
Other InformationSix Months Ended
June 30,
(in thousands)20232022
Operating cash flows used for operating leases$14,906 $14,227 
Right of use assets obtained in exchange for new
    operating lease liabilities		$7,225 $2,905