LEASES (Tables)

12 Months Ended

Dec. 31, 2022

The components of lease expense were as follows:


	Years Ended December 31,
(in thousands)		2022		2021		2020

Operating lease cost		$	8,762	$	9,610	$	11,989

Finance lease cost:
Amortization of right-of-use assets		580		1,066		1,277
Interest on lease liabilities		19		22		151
Variable lease costs and nonlease components		3,123		3,716		5,502
Sublease income		(2,565)		(3,449)		(6,662)
Total		$	9,919	$	10,965	$	12,257

Schedule of Lease Supplemental Cash Flow Information

Supplemental cash flow information related to leases were as follows:


	Years Ended December 31,
(in thousands)		2022		2021		2020

Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases		$	12,845	$	13,647	$	15,452
Operating cash flows from finance leases		19		22		151
Financing cash flows from finance leases		589		1,070		1,209
Right-of-use assets obtained
Operating leases		$	6,347	$	1,894	$	5,666
Finance leases		145		707		—
Other changes in right-of-use assets (1)
Operating leases		$	—	$	(460)	$	(39,924)
Finance leases		—		(2)		(29)

(1) Change in 2020 primarily relates to changes in assumptions regarding the exercise of renewal options available under real estate lease agreements.

Schedule of Lease Assets and Liabilities

Supplemental information related to leases was as follows:


	At December 31,
(in thousands, except lease term and discount rate)	2022		2021

Operating lease right-of-use assets, included in other assets	$	34,070	$	38,010

Operating lease liabilities, included in accounts payable and other liabilities	42,848		49,574





Finance lease right-of-use assets, included in other assets	$	359	$	777
Finance lease liabilities, included in accounts payable and other liabilities	359		787


Weighted Average Remaining lease term in years
Operating leases	5.07		5.87
Finance leases	0.88		0.96
Weighted Average Discount Rate
Operating leases	1.91%		1.71%
Finance leases	3.50%		1.43%

Schedule of Finance Lease Liability Maturities

Maturities of lease liabilities and obligations under leases classified as nonlease components were as follows:


	Lease Liabilities
(in thousands)	Operating Leases		Finance Leases		Nonlease Components

Year ended December 31,
2023	$	11,098	$	360	$	4,846
2024	9,492		8		4,490
2025	7,976		—		4,357
2026	6,862		—		4,454
2027	6,137		—		3,850
2028 and thereafter	3,546		—		123
Total lease payments	45,111		368		$	22,120
Less imputed interest	2,263		9
Total	$	42,848	$	359

Schedule of Operating Lease Liability Maturities

Maturities of lease liabilities and obligations under leases classified as nonlease components were as follows:


	Lease Liabilities
(in thousands)	Operating Leases		Finance Leases		Nonlease Components

Year ended December 31,
2023	$	11,098	$	360	$	4,846
2024	9,492		8		4,490
2025	7,976		—		4,357
2026	6,862		—		4,454
2027	6,137		—		3,850
2028 and thereafter	3,546		—		123
Total lease payments	45,111		368		$	22,120
Less imputed interest	2,263		9
Total	$	42,848	$	359