XML 57 R44.htm IDEA: XBRL DOCUMENT v3.22.0.1
LEASES (Tables)
 12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Components of Lease Expense and Supplemental Cash Flow Information
The components of lease expense were as follows:
Year Ended December 31,
($ in thousands)202120202019
Operating lease expense$6,972 $6,024 $6,622 
Variable lease expense366 279 356 
Sublease income— — (250)
Total lease expense$7,338 $6,303 $6,728 
Supplemental cash flow information related to leases was as follows:
Year Ended December 31,
($ in thousands)202120202019
Cash paid for amounts included in the measurement of lease liabilities for operating leases:
Operating cash flows$7,229 $6,812 $6,989 
ROU assets obtained in the exchange for lease liabilities:
ROU assets obtained in exchange for lease liabilities (1)
$26,413 $3,289 $5,332 
ROU assets recognized upon adoption of new lease standard$— $— $23,332 
(1)Includes $9.2 million during the year ended December 31, 2021 related to the PMB Acquisition.
Supplemental Balance Sheet Information
Supplemental balance sheet information related to leases was as follows:
December 31,
($ in thousands)20212020
Operating leases:
Operating lease right-of-use assets$35,442 $19,633 
Operating lease liabilities40,675 20,647 
December 31,
20212020
Weighted-average remaining lease term (in years):
Operating leases5.46 years6.60 years
Weighted-average discount rate:
Operating leases1.76 %2.78 %
Maturities of Lease Liabilities
Maturities of operating lease liabilities at December 31, 2021 were as follows:
($ in thousands)Operating
Leases
2022$9,366 
20238,802 
20248,093 
20256,312 
20264,421 
Thereafter6,093 
Total lease payments43,087 
Less: present value discount(2,412)
Total Lease Liability $40,675