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Leases | 6 Months Ended
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Jun. 30, 2022
Leases |
Leases | 9. Leases The Company leases retail shoe stores, as well as several office and distribution facilities worldwide. The leases have original lease periods expiring between 2022 and 2029. Many leases include one or more options to renew. The Company does not assume renewals in its determination of the lease term unless the renewals are deemed to be reasonably assured at lease commencement. The Company’s lease agreements do not contain any material residual value guarantees or material restrictive covenants. The components of the Company’s operating lease costs were as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Three Months Ended June 30, |  | Six Months Ended June 30,
​ |  | 2022 |  | 2021 |  | 2022 |  | 2021
​ | ​ | (Dollars in thousands)
Operating lease costs |  | $ | 1,308 | ​ | $ | 1,232 |  | $ | 2,572 | ​ | $ | 2,566
Variable lease costs (1) | ​ | ​ | 10 | ​ | ​ | 37 | ​ | ​ | 10 | ​ | ​ | 57
Total lease costs |  | $ | 1,318 | ​ | $ | 1,269 |  | $ | 2,582 | ​ | $ | 2,623
(1) Variable lease costs primarily include percentage rentals based upon sales in excess of specified amounts. Short-term lease costs, which were excluded from the above table, are not material to the Company’s financial statements. The following is a schedule of maturities of operating lease liabilities as of June 30, 2022: ​
​ | ​ | ​ | ​
​ |  | Operating Leases
​ | ​ | (Dollars in thousands)
2022, excluding the six months ended June 30, 2022 |  | $ | 1,916
2023 |  |  | 3,326
2024 |  |  | 2,460
2025 |  |  | 1,711
2026 |  |  | 1,384
Thereafter |  |  | 1,255
Total lease payments |  |  | 12,052
Less imputed interest |  |  | (1,062)
Present value of lease liabilities |  | ​ | 10,990
​ The operating lease liabilities are classified in the consolidated condensed balance sheet (unaudited) as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | June 30, 2022 |  | December 31, 2021
​ | ​ | (Dollars in thousands)
​ | ​ | ​ | ​ | ​ | ​ | ​
Operating lease liabilities - current | ​ | $ | 3,274 | ​ | $ | 3,593
Operating lease liabilities - non-current | ​ | ​ | 7,716 | ​ | ​ | 7,520
Total |  | $ | 10,990 | ​ | $ | 11,113
​ The Company determined the present value of its lease liabilities using a weighted-average discount rate of 4.25%. As of June 30, 2022, the Company’s leases have a weighted-average remaining lease term of 4.1 years. Supplemental cash flow information related to the Company’s operating leases is as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Three Months Ended June 30, | ​ | Six Months Ended June 30,
​ |  | 2022 |  | 2021 |  | 2022 |  | 2021
​ | ​ | (Dollars in thousands)
Cash paid for amounts included in the measurement of lease liabilities |  | $ | 1,156 | ​ | $ | 1,218 | ​ | $ | 2,284 | ​ | $ | 2,605
Right-of-use assets obtained in exchange for new lease liabilities (noncash) | ​ | $ | 2,160 | ​ | $ | — | ​ | $ | 2,160 | ​ | $ | 2,022
​

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- 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
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