XML 45 R34.htm IDEA: XBRL DOCUMENT v3.24.2
COMMITMENTS AND CONTINGENCIES (Tables)
6 Months Ended
Jun. 30, 2024
Commitments and Contingencies Disclosure [Abstract]  
Components of Lease
The components of lease expense are presented as follows:
Three Months Ended
June 30,
Six Months Ended
June 30,
2024202320242023
(In thousands)
Operating lease costs$2,675 $2,416 $5,322 $5,008 
The components of lease liabilities are presented as follows:
June 30,
2024
December 31,
2023
(In thousands except years and percentage data)
Operating lease liabilities, current (Accrued liabilities)
$5,123 $5,220 
Operating lease liabilities, non-current (Other liabilities)18,200 18,802 
Total operating lease liabilities
$23,323 $24,022 
Supplemental lease information:
Weighted average remaining lease term
6.0 years5.8 years
Weighted average discount rate
6.9%7.0%
Supplemental cash flow and other information related to operating leases were as follows:
Three Months Ended
June 30,
Six Months Ended
June 30,
2024202320242023
(In thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$1,699 $1,788 $3,604 $3,490 
Non-cash investing activities:
Lease liabilities arising from obtaining right-of-use assets
$655 $2,852 $2,350 $4,368 
Schedule of Future Minimum Rental Payments for Operating Leases
Undiscounted cash flows of operating lease liabilities as of June 30, 2024 were as follows:
Lease Amounts
(In thousands)
Year:
2024 (remaining six months)$3,260 
20256,219 
20264,557 
20273,211 
20282,801 
Thereafter8,995 
Total lease payments
29,043 
Less: imputed lease interest
(5,720)
Total lease liabilities
$23,323