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Leases
12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Leases

17.  Leases

Information related to our leases are presented below:

 

 

 

 

 

 

 

2021

 

 

2020

 

 

2019

 

 

 

(Dollars In Thousands)

 

Components of lease expense:

 

 

 

 

 

 

 

 

 

 

 

 

Operating lease cost

 

$

9,998

 

 

$

7,611

 

 

$

7,270

 

Short-term lease cost

 

 

2,243

 

 

 

4,372

 

 

 

2,665

 

Other cost (1)

 

 

157

 

 

 

75

 

 

 

64

 

Total lease cost

 

$

12,398

 

 

$

12,058

 

 

$

9,999

 

Supplemental cash flow information related to leases:

 

 

 

 

 

 

 

 

 

 

 

 

Operating cash flows from operating leases

 

$

10,290

 

 

$

7,782

 

 

$

7,677

 

Operating cash flows from finance leases

 

 

33

 

 

 

15

 

 

 

16

 

Financing cash flows from finance leases

 

 

92

 

 

 

45

 

 

 

61

 

Cash paid for amounts included in the measurement of lease liabilities

 

$

10,415

 

 

$

7,842

 

 

$

7,754

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Right-of-use assets obtained in exchange for new operating lease liabilities

 

$

9,549

 

 

$

17,064

 

 

$

5,967

 

Other lease-related information:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average remaining lease term - operating leases (in years)

 

 

4.0

 

 

 

4.3

 

 

 

4.6

 

Weighted-average remaining lease term - finance leases (in years)

 

 

3.2

 

 

 

4.1

 

 

 

3.8

 

Weighted-average discount rate - operating leases

 

 

8.44

%

 

 

8.26

%

 

 

8.70

%

Weighted-average discount rate - finance leases

 

 

8.69

%

 

 

8.65

%

 

 

8.94

%

 

(1) Includes variable and finance lease costs.

At December 31, 2021, future minimum operating lease payments due under ASC 842 are summarized by fiscal year in the table below:

 

 

 

Operating Leases

 

 

 

(In thousands)

 

2022

 

$

9,692

 

2023

 

 

7,989

 

2024

 

 

6,298

 

2025

 

 

3,736

 

2026

 

 

2,543

 

Thereafter

 

 

2,000

 

Total lease payments

 

 

32,258

 

Less imputed interest

 

 

(4,935

)

Present value of lease liabilities

 

$

27,323

 

 

As of December 31, 2021, we did not have any executed operating leases with lease terms greater than one year that have not yet commenced.