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LEASES | 12 Months Ended
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Dec. 31, 2022
LEASES |
LEASES | 8. LEASES We lease retail shoe stores, as well as several office and distribution facilities worldwide. The leases have original lease periods expiring between 2023 and 2029. Many leases include one or more options to renew. We do not assume renewals in our determination of the lease term unless the renewals are deemed to be reasonably assured at lease commencement. Our lease agreements do not contain any material residual value guarantees or material restrictive covenants. The components of our operating lease costs were as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Twelve Months Ended December 31,
​ |  | 2022 | ​ | 2021
​ | ​ | (Dollars in thousands)
Operating lease costs |  | $ | 5,233 | ​ | $ | 5,045
Variable lease costs (1) | ​ | ​ | 1 | ​ | ​ | 82
Total lease costs |  | $ | 5,234 | ​ | $ | 5,127
​
(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 our financial statements. The following is a schedule of maturities of operating lease liabilities as of December 31, 2022: ​
​ | ​ | ​ | ​
​ |  | Operating Leases
​ | ​ | (Dollars in thousands)
2023 |  | $ | 4,320
2024 |  |  | 3,544
2025 |  |  | 2,760
2026 |  |  | 2,352
2027 | ​ | ​ | 1,272
Thereafter |  |  | 1,020
Total lease payments |  |  | 15,268
Less imputed interest |  |  | (581)
Present value of lease liabilities |  | $ | 14,687
​ The operating lease liabilities were classified in the Consolidated Balance Sheets as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | December 31, | ​ | December 31,
​ | ​ | ​ | 2022 |  | ​ | 2021
​ | ​ | (Dollars in thousands)
Operating lease liabilities - current | ​ | $ | 4,026 | ​ | $ | 3,593
Operating lease liabilities - non-current | ​ | ​ | 10,661 | ​ | ​ | 7,520
Total |  | $ | 14,687 | ​ | $ | 11,113
​ We determined the present value of our lease liabilities using a weighted-average discount rate of 4.25%. As of December 31, 2022, our leases had a weighted-average remaining lease term of 4.3 years. Supplemental cash flow information related to our operating leases is as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Twelve Months Ended December 31,
​ |  | 2022 |  | 2021
​ | ​ | (Dollars in thousands)
Cash paid for amounts included in the measurement of lease liabilities |  | $ | 4,732 | ​ | $ | 4,888
Right-of-use assets obtained in exchange for new lease liabilities (noncash) | ​ | $ | 7,941 | ​ | $ | 5,334
​

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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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