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Commitments and Contingencies Supplemental Balance Sheet Information (Details) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Dec. 31, 2022
Leases [Abstract]      
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability $ 22,994 $ 19,947  
Operating cash flows from operating leases $ 21,297 $ 13,929  
Commitments and Contingencies ote O - Commitments and Contingencies
In the normal course of business, the Company and its subsidiaries are involved in various claims and legal proceedings. While the ultimate resolution of these matters has yet to be determined, the Company does not believe that any unfavorable outcomes will have a material adverse effect on the Company's consolidated financial position or results of operations.
Leases
The Company and its subsidiaries lease office and manufacturing facilities, computer equipment and software under various arrangements. Certain of the leases are subject to escalation clauses and renewal periods. The Company and its subsidiaries recognize lease expense, including predetermined fixed escalations, on a straight-line basis over the initial term of the lease including reasonably assured renewal periods from the time that the Company and its subsidiaries control the leased property. Leases with an initial term of 12 months or less are not recorded on the balance sheet; we recognize lease expense for these leases on a straight-line basis over the lease term. Certain of our subsidiaries have leases that contain both fixed rent costs and variable rent costs based on achievement of certain operating metrics. The variable lease expense was not a material component of our total lease expense for the three and six months ended June 30, 2023 and 2022. The Company recognized $13.6 million and $25.9 million in the three and six months ended June 30, 2023 and $10.6 million and $21.0 million in the three and six months ended June 30, 2022, respectively, in expense related to operating leases in the condensed consolidated statements of operations.
The maturities of lease liabilities at June 30, 2023 are as follows (in thousands):
2023 (excluding six months ended June 30, 2023)$19,337 
202440,287 
202536,936 
202633,561 
202729,124 
Thereafter73,014 
Total undiscounted lease payments$232,259 
Less: Interest53,113 
Present value of lease liabilities$179,146 
The calculated amount of the right-of-use assets and lease liabilities are impacted by the length of the lease term and discount rate used to present value the minimum lease payments. The Company's lease agreements often include one or more options to renew at the company's discretion. In general, it is not reasonably certain that lease renewals will be exercised at lease commencement and therefore lease renewals are not included in the lease term. As the discount rate is rarely determinable, the Company utilizes the incremental borrowing rate of the subsidiary entering into the lease arrangement, on a collateralized basis, over a similar term as adjusted for any country specific risk.
The weighted average remaining lease terms and discount rates for all of our operating leases were as follows:
Lease Term and Discount RateJune 30, 2023June 30, 2022
Weighted-average remaining lease term (years)6.315.98
Weighted-average discount rate7.89 %7.18 %
Supplemental balance sheet information related to leases was as follows (in thousands):
Line Item in the Company’s Consolidated Balance SheetJune 30, 2023December 31, 2022
Operating lease right-of-use assetsOther non-current assets$156,918 $147,518 
Current portion, operating lease liabilitiesOther current liabilities$29,441 $28,497 
Operating lease liabilitiesOther non-current liabilities$149,705 $139,529 
Supplemental cash flow information related to leases was as follows (in thousands):
Six months ended June 30, 2023Six months ended June 30, 2022
Cash paid for amounts included in the measurement of lease liabilities:
   Operating cash flows from operating leases$21,297 $13,929 
Right-of-use assets obtained in exchange for lease obligations:
   Operating leases$22,994 $19,947 
    
Other Commitments [Line Items]      
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration] Other Assets   Other Assets
Other Noncurrent Liabilities [Member]      
Other Commitments [Line Items]      
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration] Other non-current liabilities   Other non-current liabilities
Other current liabilities      
Other Commitments [Line Items]      
Operating Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration] Other current liabilities   Other current liabilities