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Leases | 12 Months Ended
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Dec. 31, 2023
Leases [Abstract] |
Leases | LEASES The Company's leases are classified as operating leases and consist of manufacturing facilities, distribution centers, office space, vehicles and equipment. Most of the Company's leases include one or more options to renew, with renewal terms that can extend the respective lease term from one month to ten years. The exercise of lease renewal options is at the Company's sole discretion. As of December 31, 2023 and 2022, the Company's renewal options are not part of the Company's operating lease assets and operating lease liabilities. Certain leases also include options to purchase at fair value the underlying leased asset at the Company's sole discretion. The components of lease costs for the years ended December 31 were as follows (in thousands):
| 2023 |  | 2022 |  | 2021
Operating lease cost | $ | 12,940 |  |  | $ | 11,191 |  |  | $ | 10,977 |
Short-term lease cost | 4,645 |  |  | 5,694 |  |  | 7,153 |
Total lease cost | $ | 17,585 |  |  | $ | 16,885 |  |  | $ | 18,130 |
Information related to the Company's operating right-of-use assets and related operating lease liabilities for the years ended December 31 were as follows (in thousands):
| 2023 |  | 2022 |  | 2021
Cash paid for amounts included in the measurement of operating liabilities | $ | 10,628 |  |  | $ | 8,835 |  |  | $ | 9,431 |
Right-of-use assets obtained in exchange for new lease liabilities | $ | 27,468 |  |  | $ | 17,008 |  |  | $ | 1,084 |
Information related to the Company's lease terms and discount rates as of December 31 were as follows:
| 2023 |  | 2022
Weighted-average remaining lease term - operating leases | 6.6 | years |  | 5.3 | years
Weighted-average discount rate - operating leases | 5.0 | % |  | 5.0 | %
The future maturity of the Company's lease liabilities as of December 31, 2023 were as follows (in thousands):
2024 | $ | 12,329 |
2025 | 9,748 |
2026 | 6,304 |
2027 | 4,775 |
2028 | 4,391 |
After 2028 | 17,191 |
Total lease payments | 54,738 |
Less: present value discount | (8,471) |
Present value of lease liabilities | $ | 46,267 |
The Company uses its incremental borrowing rate based on information available at the commencement date of a lease in determining the present value of lease payments as the rates implicit in most of the Company's leases are not readily determinable.

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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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