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Lease Commitments (Tables)
12 Months Ended
Dec. 31, 2021
Lease Commitments  
Schedule of information pertaining to operating leases

(Dollars in thousands)

Year Ended December 31,

 

 

2021

    

2020

    

2019

 

Lease Cost Components:

Amortization of ROU assets - finance leases

$

466

$

289

$

Interest on lease liabilities - finance leases

56

44

Operating lease cost (cost resulting from lease payments)

17,236

14,266

8,804

Short-term lease cost

446

404

494

Variable lease cost (cost excluded from lease payments)

 

2,768

 

1,081

 

430

Total lease cost

$

20,972

$

16,084

$

9,728

Supplemental Cash Flow and Other Information Related to Leases:

Finance lease - operating cash flows

$

56

$

42

$

Finance lease - financing cash flows

427

255

Operating lease - operating cash flows (fixed payments)

 

16,435

 

12,876

 

7,725

Operating lease - operating cash flows (net change asset/liability)

(12,790)

(9,123)

1,457

New ROU assets - operating leases

9,623

43,583

10,239

New ROU assets - finance leases

5,374

Weighted - average remaining lease term (years) - finance leases

6.41

7.40

Weighted - average remaining lease term (years) - operating leases

 

10.95

 

11.51

 

14.14

Weighted - average discount rate - finance leases

1.7%

1.7%

Weighted - average discount rate - operating leases

 

3.2%

 

3.3%

 

3.9%

Operating lease payments due:

2022

$

15,215

 

2023

 

14,510

 

2024

 

13,340

 

2025

 

11,932

 

2026

11,468

Thereafter

 

73,647

Total undiscounted cash flows

 

140,112

Discount on cash flows

(24,198)

Total operating lease liabilities

$

115,914