XML 34 R19.htm IDEA: XBRL DOCUMENT
v3.22.4

Operating Leases | 12 Months Ended
--- | ---
Dec. 31, 2022
Leases [Abstract] |
Operating Leases | 11. Operating Leases The following table presents weighted-average terms for our operating leases:
| DECEMBER 31,
| 2022 |  | 2021
Weighted-average discount rate | 2.6 | % |  | 3.0 | %
Weighted-average remaining lease term | 6.8 years |  | 3.9 years
The following table presents operating lease expense included in SG&A (in thousands):
| DECEMBER 31,
Lease Cost | 2022 |  | 2021
Operating lease expense | $ | 6,279 |  |  | $ | 6,363 |
Variable lease costs | 965 |  |  | 1,078 |
Short-term lease expense | 1,615 |  |  | 1,199 |
Sublease income | (205) |  |  | (87) |
Total operating lease expense | $ | 8,654 |  |  | $ | 8,553 |
The following table presents the maturities of operating lease liabilities as of December 31, 2022 (in thousands):
2023 |  | $ | 5,051 |
2024 |  | 4,072 |
2025 |  | 2,869 |
2026 |  | 1,864 |
2027 |  | 1,763 |
Thereafter |  | 7,151 |
Total maturities of operating lease liabilities |  | 22,770 |
Less: imputed interest |  | 1,814 |
Total operating lease liabilities |  | $ | 20,956 |
Our corporate headquarters lease in Tampa, Florida, requires aggregate future lease payments of approximately $10.9 million over the entire lease term, which includes annual escalation adjustments, and has a non-cancellable lease term of 129 months, excluding renewal options. As part of the executed lease, we received a leasehold improvement allowance of $1.6 million for the design, engineering, installation, supply and construction of the improvements. Lease payments begin on July 1, 2023, however, the lease accounting commencement date began in the fourth quarter of 2022 when we occupied the facility.

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

X
- 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 -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI https://asc.fasb.org/subtopic&trid=77888251 + Details
Name: | us-gaap_LesseeOperatingLeasesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration