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Commitments and Contingencies (Tables)
3 Months Ended
Mar. 31, 2023
Commitments and Contingencies  
Summary of lease-related assets and liabilities

(In thousands)

    

At March 31, 2023

    

At December 31, 2022

Right of use operating lease assets

$

20,633

$

21,322

Operating lease liabilities:

Current

$

2,509

$

2,500

Non-current

 

20,239

 

20,866

Total

$

22,748

$

23,366

Operating leases:

Weighted average remaining lease term

 

7.5 years

7.7 years

Weighted average discount rate

4.2%

4.2%

Three Months Ended March 31,

2023

2022

Supplemental cash flow information for our operating leases:

Cash paid for operating lease liabilities

$

860

$

918

Non-cash right of use assets obtained in exchange for new operating lease obligations

$

$

41

Summary of undiscounted cash flows

(In thousands)

2023 (April 1 - December 31)

$

2,566

2024

3,418

2025

 

3,518

2026

 

3,615

2027

 

3,167

Thereafter

 

10,082

Total minimum lease payments

26,366

Less: Amount of lease payments representing interest

(3,618)

Present value of future minimum lease payments

22,748

Less: Current obligations under operating lease liabilities

(2,509)

Non-current obligations under operating lease liabilities

$

20,239