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Leases (Tables)
3 Months Ended
Mar. 31, 2023
Leases [Abstract]  
Schedule of Supplemental Information Related to Leases
Supplemental information related to leases is presented in the table below (in thousands, except weighted-average term and discount rate):
Three Months Ended
March 31,
20232022
Operating lease cost$2,750 $2,473 
Cash paid for amounts included in the measurement of operating lease liabilities3,362 2,975 
Operating lease right-of-use assets obtained in exchange for new operating lease liabilities3,927 1,782 
March 31,
2023
December 31,
2022
Weighted-average remaining lease term — operating leases3.6 years3.4 years
Weighted-average discount rate — operating leases4.5 %3.9 %
Schedule of Maturities of Lease Liabilities
Maturities of lease liabilities are as follows (in thousands):
Year Ended December 31,
Operating Leases(1)
Remainder of 2023$10,337 
202412,690 
202510,780 
20266,531 
20271,612 
2028 and thereafter2,387 
Total lease payments44,337 
Less: imputed interest(2)
3,815 
Present value of lease liabilities$40,522 
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(1)There are no legally binding minimum lease payments for leases executed but not yet commenced and no options to extend lease terms that were reasonably certain of being exercised included in these balances.
(2)Imputed interest was calculated using the incremental borrowing rate applicable for each lease.