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Leases (Tables)
 6 Months Ended
Jun. 30, 2024
Leases [Abstract]  
Components of Lease Expense
The following table presents the components of lease expense for the periods ended:
Three months ended June 30,Six months ended June 30,
(in thousands)2024202320242023
Operating lease cost$1,463 $1,493 $2,897 $3,102 
Short-term lease cost55 118 107 236 
Variable lease cost10 9 23 21 
Sublease income— — — — 
Total lease cost$1,528 $1,620 $3,027 $3,359 
Supplemental Cash Flow Information Related to Leases
The following table presents supplemental cash flow information related to leases for the periods ended:
Three months ended June 30,Six months ended June 30,
(in thousands)2024202320242023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases$1,579 $1,611 $3,147 $3,264 
ROUA obtained in exchange for operating lease liabilities$99 $370 $1,426 $4,855 
Weighted Average Operating Lease Term And Discount Rate
The following table presents the weighted average operating lease term and discount rate as of the period ended:
June 30,
20242023
Weighted-average remaining lease term (years)7.98.1
Weighted-average discount rate3.45 %3.29 %
Future Expected Operating Lease Payments
At June 30, 2024, future expected operating lease payments are as follows:
(in thousands)
Periods ending December 31,
2024$2,886 
20255,390 
20264,816 
20274,114 
20283,061 
Thereafter10,973 
31,240 
Discount for present value of expected cash flows(4,118)
Lease liability at June 30, 2024$27,122