XML 25 R15.htm IDEA: XBRL DOCUMENT
v3.23.3

Leases | 9 Months Ended
--- | ---
Sep. 30, 2023
Leases [Abstract] |
Leases | Note 6 – Leases The Company determines if a contract is or contains a lease at inception. The Company has entered into leases for certain facilities, vehicles and other equipment. The Company’s leases consist mainly of operating leases which expire at various dates through 2036. Variable lease payments are generally expensed as incurred and include certain index-based changes in rent, certain non-lease components, such as maintenance and other services provided by the lessor, and other charges included in the lease. The components of lease expense were as follows:
| Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
(in thousands) | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
Finance lease cost: |  |  |  |  |  |  |  |  |  |  |
Amortization of right-of-use assets (included in depreciation expense) | $ | — |  |  | $ | 24 |  |  | $ | 48 |  |  | $ | 72 |
Interest on lease liabilities |  | 5 |  |  |  | 7 |  |  |  | 16 |  |  |  | 22 |
Operating lease cost |  | 4,891 |  |  |  | 4,278 |  |  |  | 13,797 |  |  |  | 12,977 |
Short-term lease cost |  | 183 |  |  |  | 64 |  |  |  | 473 |  |  |  | 208 |
Variable lease cost |  | 442 |  |  |  | 466 |  |  |  | 1,334 |  |  |  | 1,408 |
Total lease cost | $ | 5,521 |  |  | $ | 4,839 |  |  | $ | 15,668 |  |  | $ | 14,687 |
|  | Nine Months Ended September 30, |
(in thousands) |  | 2023 |  |  | 2022 |
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |  |  |
Operating cash flows used for operating leases |  | $ | 13,196 |  |  | $ | 13,462 |
Operating cash flows used for finance lease |  | $ | 16 |  |  | $ | 22 |
Financing cash flows used for finance lease |  | $ | 129 |  |  | $ | 123 |
Right-of-use assets obtained in exchange for new operating lease liabilities |  | $ | 39,849 |  |  | $ | 11,525 |
Lease assets and liabilities as of September 30, 2023 and December 31, 2022 were as follows:
|  | September 30, |  |  | December 31, |
(dollars in thousands) |  | 2023 |  |  | 2022 |
Finance lease right-of-use assets (included in other assets, net) |  | $ | — |  |  | $ | 664 |
Operating lease right-of-use assets |  | $ | 122,104 |  |  | $ | 93,081 |
Finance lease liabilities, current (included in current installments of long-term debt) |  | $ | 179 |  |  | $ | 173 |
Finance lease liabilities, noncurrent (included in long-term debt) |  | $ | 221 |  |  | $ | 355 |
Operating lease liabilities, current (included in accrued liabilities) |  | $ | 14,281 |  |  | $ | 12,020 |
Operating lease liabilities, noncurrent |  | $ | 114,279 |  |  | $ | 86,687 |
Weighted average remaining lease term – finance leases |  | 2.2 years |  |  | 2.9 years |
Weighted average remaining lease term – operating leases |  | 9.7 years |  |  | 9.8 years |
Weighted average discount rate – finance leases |  |  | 4.8 | % |  |  | 4.8 | %
Weighted average discount rate – operating leases |  |  | 4.4 | % |  |  | 4.1 | %
Future annual minimum operating lease payments and finance lease commitments as of September 30, 2023 were as follows (in thousands):
Year ending December 31, |  | Operating Leases |  |  | Finance Leases |
2023 (remaining three months) |  | $ | 4,318 |  |  | $ | 48 |
2024 |  |  | 19,547 |  |  |  | 194 |
2025 |  |  | 18,876 |  |  |  | 177 |
2026 |  |  | 15,480 |  |  |  | — |
2027 |  |  | 14,357 |  |  |  | — |
2028 and thereafter |  |  | 87,187 |  |  |  | — |
Total minimum lease payments |  |  | 159,765 |  |  |  | 419 |
Less: imputed interest |  |  | (31,205 | ) |  |  | (19 | )
Total present value of lease liabilities |  | $ | 128,560 |  |  | $ | 400 |

X
- Definition Lessee operating and finance leases disclosure. + References No definition available. + Details
Name: | bhe_LesseeOperatingAndFinanceLeasesDisclosureTextBlock
Namespace Prefix: | bhe_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration