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Leases | 12 Months Ended
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Dec. 31, 2023
Leases [Abstract] |
Lessee, Operating Leases | Leases We lease certain factories, service and distribution locations, offices, and equipment under operating leases. Our operating leases have initial lease terms ranging from one to 12 years, some of which include options to extend or renew the leases for up to 10 years. Certain lease agreements contain provisions for future rent increases. Our leases do not contain material residual value guarantees, and finance leases are not material. The components of operating lease expense are as follows:
In thousands | Year Ended December 31, |
| 2023 |  | 2022 |  |
Operating lease cost | $ | 18,798 |  |  | $ | 19,092 |  |  |
Variable lease cost | 3,804 |  |  | 4,107 |  |  |
Total operating lease cost | $ | 22,602 |  |  | $ | 23,199 |  |  |
Supplemental cash flow information related to operating leases is as follows:
In thousands | Year Ended December 31,
| 2023 |  | 2022
Cash paid for amounts included in the measurement of operating lease liabilities | $ | 19,517 |  |  | $ | 19,214 |
Right-of-use assets obtained in exchange for operating lease liabilities | 3,652 |  |  | 5,597 |
Supplemental balance sheet information related to operating leases is as follows:
In thousands | December 31, 2023 |  | December 31, 2022
Operating lease right-of-use assets, net | $ | 41,186 |  |  | $ | 52,826 |
Other current liabilities | 14,981 |  |  | 15,967 |
Operating lease liabilities | 32,656 |  |  | 44,370 |
Total operating lease liability | $ | 47,637 |  |  | $ | 60,337 |
Weighted average remaining lease term - Operating leases | 3.6 years |  | 3.8 years
Weighted average discount rate - Operating leases | 4.5 | % |  | 4.4 | %
Amounts due under operating lease liabilities as of December 31, 2023 are as follows:
In thousands | December 31, 2023
2024 | $ | 16,614 |
2025 | 14,712 |
2026 | 12,486 |
2027 | 4,154 |
2028 | 1,582 |
Thereafter | 1,958 |
Total lease payments | 51,506 |
Less: imputed interest | (3,869) |
Total operating lease liability | $ | 47,637 |

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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//842-20/tableOfContent + Details
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