Leases (Tables)

12 Months Ended

Dec. 31, 2022

The Company’s Consolidated Balance Sheets include the following related to operating leases as of December 31, 2022 and 2021 (in thousands):


Leases	Classification	2022		2021
Assets:
ROU assets	Other Assets	$	36,946	$	42,451

Liabilities:
ROU liability - current	Accrued expenses and other current liabilities	$	10,376	$	10,040
ROU liability - long-term	Other long-term liabilities	28,066		34,030
Total ROU liabilities		$	38,442	$	44,070

The components of lease costs for the year ended December 31, 2022 and 2021 are as follows (in thousands):


	Classification	2022		2021
Finance lease expense:
Amortization of ROU assets	Depreciation and amortization	$	4,068	$	4,111
Interest on lease liabilities	Interest expense	624		721
Operating lease expense	Cost of revenue; Selling, general & administrative expenses	12,783		13,042
Short-term lease expense	Cost of revenue; Selling, general & administrative expenses	77		27
Variable lease expense	Cost of revenue; Selling, general & administrative expenses	2,141		2,507
Total		$	19,693	$	20,408

Additional information related to leases as of December 31, 2022 and 2021 is as follows:


	2022			2021
Cash paid for amounts included in the measurement of lease liabilities for finance and operating leases (in thousands):
Finance - financing cash flows	$	4,140		$	4,060
Finance - operating cash flows	624			721
Operating - operating cash flows	12,502			13,098
ROU assets obtained in the exchange for lease liabilities:
Finance leases	$	5,076		2,923
Operating leases	6,067			7,021
Weighted-average remaining lease term (in years):
Finance leases	5.1			5.4
Operating leases	4.7			5.3
Weighted-average discount rate:
Finance leases	5.5		%	5.3		%
Operating leases	5.6		%	5.7		%

Maturities of lease liabilities as of December 31, 2022 is as follows (in thousands):

Maturities of lease liabilities as of December 31, 2022 is as follows (in thousands):