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Leases (Notes)
 12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Leases Leases
Our lease portfolio primarily consists of operating leases for certain manufacturing facilities, warehouses, service facilities, office spaces, equipment and vehicles. The following table summarizes the supplemental balance sheet information related to leases as of December 31, 2021 and 2020 (in thousands):
As of
ClassificationDecember 31, 2021December 31, 2020
Assets
Operating lease assetsOperating lease assets$25,431 $31,520 
Finance lease assetsProperty and equipment, net of accumulated depreciation1,727 2,464 
Total lease assets$27,158 $33,984 
Liabilities
Current
OperatingAccrued liabilities$10,956 $11,974 
FinanceCurrent portion of long-term debt860 1,322 
Noncurrent
OperatingOperating lease liabilities$34,745 44,536 
FinanceLong-term debt, net of current portion353 $950 
Total lease liabilities$46,914 $58,782 
The following table summarizes the components of lease expenses for the twelve months ended December 31, 2021 (in thousands):
Twelve Months Ended
December 31,
Lease CostClassification20212020
Operating lease costCost of sales and Selling, general and administrative expenses$11,123 $8,439 
Finance lease cost
Amortization of leased assetsSelling, general and administrative expenses1,061 932 
Interest on lease liabilitiesInterest expense110 155 
Sublease incomeCost of sales and Selling, general and administrative expenses(2,184)(2,001)
Net lease cost $10,110 $7,525 
The maturities of lease liabilities as of December 31, 2021 are as follows (in thousands):
Operating LeasesFinance LeasesTotal
2022$13,199 $860 $14,059 
20238,631 316 8,947 
20247,053 97 7,150 
20256,105 6 6,111 
20265,053 — 5,053 
Thereafter15,862 — 15,862 
Total lease payments55,903 1,279 57,182 
Less: present value discount(10,202)(66)(10,268)
Present value of lease liabilities$45,701 $1,213 $46,914 
The following table summarizes the weighted-average remaining lease term and weighted average discount rates related to leases as of December 31, 2021:
Lease Term and Discount RateDecember 31, 2021December 31, 2020
Weighted-average remaining lease term (years)
Operating leases6.4 years6.6 years
Financing leases1.5 years1.8 years
Weighted-average discount rate
Operating leases6.58 %6.58 %
Financing leases6.58 %6.58 %
The following table summarizes the supplemental cash flow information related to leases as of December 31, 2021:
Twelve Months Ended
December 31,
20212020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$13,053 $11,038 
Operating cash flows from finance leases92 80 
Financing cash flows from finance leases$1,517 $1,179 
Leases Leases
Our lease portfolio primarily consists of operating leases for certain manufacturing facilities, warehouses, service facilities, office spaces, equipment and vehicles. The following table summarizes the supplemental balance sheet information related to leases as of December 31, 2021 and 2020 (in thousands):
As of
ClassificationDecember 31, 2021December 31, 2020
Assets
Operating lease assetsOperating lease assets$25,431 $31,520 
Finance lease assetsProperty and equipment, net of accumulated depreciation1,727 2,464 
Total lease assets$27,158 $33,984 
Liabilities
Current
OperatingAccrued liabilities$10,956 $11,974 
FinanceCurrent portion of long-term debt860 1,322 
Noncurrent
OperatingOperating lease liabilities$34,745 44,536 
FinanceLong-term debt, net of current portion353 $950 
Total lease liabilities$46,914 $58,782 
The following table summarizes the components of lease expenses for the twelve months ended December 31, 2021 (in thousands):
Twelve Months Ended
December 31,
Lease CostClassification20212020
Operating lease costCost of sales and Selling, general and administrative expenses$11,123 $8,439 
Finance lease cost
Amortization of leased assetsSelling, general and administrative expenses1,061 932 
Interest on lease liabilitiesInterest expense110 155 
Sublease incomeCost of sales and Selling, general and administrative expenses(2,184)(2,001)
Net lease cost $10,110 $7,525 
The maturities of lease liabilities as of December 31, 2021 are as follows (in thousands):
Operating LeasesFinance LeasesTotal
2022$13,199 $860 $14,059 
20238,631 316 8,947 
20247,053 97 7,150 
20256,105 6 6,111 
20265,053 — 5,053 
Thereafter15,862 — 15,862 
Total lease payments55,903 1,279 57,182 
Less: present value discount(10,202)(66)(10,268)
Present value of lease liabilities$45,701 $1,213 $46,914 
The following table summarizes the weighted-average remaining lease term and weighted average discount rates related to leases as of December 31, 2021:
Lease Term and Discount RateDecember 31, 2021December 31, 2020
Weighted-average remaining lease term (years)
Operating leases6.4 years6.6 years
Financing leases1.5 years1.8 years
Weighted-average discount rate
Operating leases6.58 %6.58 %
Financing leases6.58 %6.58 %
The following table summarizes the supplemental cash flow information related to leases as of December 31, 2021:
Twelve Months Ended
December 31,
20212020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$13,053 $11,038 
Operating cash flows from finance leases92 80 
Financing cash flows from finance leases$1,517 $1,179