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Leases (Tables)
9 Months Ended
Sep. 30, 2023
Leases [Abstract]  
Balance Sheet Information
The following table provides a summary of leases included on the Condensed Consolidated Balance Sheets as of September 30, 2023 and 2022 and December 31, 2022, Condensed Consolidated Statements of Earnings and Comprehensive Income, and Condensed Consolidated Statements of Cash Flows for the nine months ended September 30, 2023 and 2022:
Condensed Consolidated Balance Sheets Line ItemSeptember 30,December 31,
(in thousands)202320222022
Operating leases
Assets
Operating leasesOperating lease right-of-use assets$66,144 $48,196 $57,652 
Liabilities
Operating - currentAccrued expenses and other current liabilities$13,617 $10,163 $11,544 
Operating - noncurrent Operating lease liabilities53,808 38,650 46,882 
Total operating lease liabilities$67,425 $48,813 $58,426 
Finance leases
Assets
Property and equipment, grossProperty, plant and equipment, net$— $3,569 $3,569 
Accumulated amortizationProperty, plant and equipment, net— (3,569)(3,569)
Property and equipment, netProperty, plant and equipment, net$— $— $— 
Lease, Cost
The components of lease expense were as follows:
Condensed Consolidated Statements of Earnings and Comprehensive Income Line ItemThree Months Ended September 30,
(in thousands)20232022
Operating lease costGeneral administrative expenses and
     cost of sales
$4,434 $3,436 
Other Information

Supplemental cash flow information related to leases is as follows:
Three Months Ended September 30,
(in thousands)20232022
Cash paid for amounts included in the measurement of lease liabilities:
   Operating cash flows for operating leases$4,166 $3,435 
Operating right-of-use assets obtained in exchange for lease
     obligations during the current period
6,437 3,159 
The following table summarizes the Company's lease terms and discount rates as of September 30, 2023 and 2022:
Weighted-average remaining lease terms (in years):20232022
Operating leases5.86.1
Weighted-average discount rate:
Operating leases4.8 %4.8 %
Operating Lease, Liability, Maturity
The following is a schedule, by years, of maturities of lease liabilities as of September 30, 2023:
(in thousands)Operating Leases
Remaining three months of 2023$4,279 
202416,032 
202514,294 
202611,697 
20279,148 
20288,663 
Thereafter13,917 
Total lease payments78,030 
Less: Present value discount(10,605)
     Total lease liabilities$67,425 
Finance Lease, Liability, Maturity
The following is a schedule, by years, of maturities of lease liabilities as of September 30, 2023:
(in thousands)Operating Leases
Remaining three months of 2023$4,279 
202416,032 
202514,294 
202611,697 
20279,148 
20288,663 
Thereafter13,917 
Total lease payments78,030 
Less: Present value discount(10,605)
     Total lease liabilities$67,425