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Leases (Tables)
 9 Months Ended
Sep. 30, 2024
Leases [Abstract]  
Components of Lease Expense
The following table presents the components of lease expense for the periods ended:
Three months ended September 30,Nine months ended September 30,
(in thousands)2024202320242023
Operating lease cost$1,416 $1,451 $4,315 $4,553 
Short-term lease cost52 43 159 279 
Variable lease cost (income)(15)9 8 29 
Total lease cost$1,453 $1,503 $4,482 $4,861 
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 September 30,Nine months ended September 30,
(in thousands)2024202320242023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases$1,511 $1,576 $4,658 $4,840 
ROUA obtained in exchange for operating lease liabilities$800 $(544)$2,226 $4,311 
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:
September 30,
20242023
Weighted-average remaining lease term (years)7.78.1
Weighted-average discount rate3.50 %3.31 %
Future Expected Operating Lease Payments
At September 30, 2024, future expected operating lease payments are as follows:
(in thousands)
Periods ending December 31,
2024$1,454 
20255,509 
20264,950 
20274,284 
20283,275 
Thereafter11,106 
30,578 
Discount for present value of expected cash flows(3,910)
Lease liability at September 30, 2024$26,668