LEASES

6 Months Ended

Jun. 30, 2022

The Company has operating leases for corporate offices, distribution facilities, a manufacturing plant, and certain vehicles.

The components of lease expense for the three and six months ended June 30, 2022 and 2021 were as follows (in thousands):


	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Operating lease expenses(1):
Fixed lease expense	$	4,521	$	4,501	$	8,929	$	8,996
Variable lease expense	1,174		949		2,345		1,927
Total	$	5,695	$	5,450	$	11,274	$	10,923

(1) Expenses are recorded within distribution expenses and selling, general and administrative expenses on the unaudited condensed consolidated statement of operations.

Supplemental cash flow information for lease related liabilities and assets for the six months ended June 30, 2022 and 2021 were as follows (in thousands):


	Six Months Ended June 30,
	2022		2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases	$	9,618	$	9,764


	Six Months Ended June 30,
	2022		2021
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	2,452	$	1,248

The aggregate future lease payments for operating leases as of June 30, 2022 were as follows (in thousands):


	Operating
2022 (excluding the six months ended June 30, 2022)	$	9,753
2023	19,067
2024	18,541
2025	17,935
2026	17,233
2027	13,154
Thereafter	23,703
Total lease payments	119,386
Less: Interest	(22,111)
Present value of lease payments	$	97,275

Average lease terms and discount rates were as follows:


	June 30, 2022
Operating leases:
Weighted-average remaining lease term (years)	6.7
Weighted-average discount rate	6.1	%