XML 36 R27.htm IDEA: XBRL DOCUMENT v3.23.2
LEASES (Tables)
6 Months Ended
Jun. 30, 2023
Leases [Abstract]  
Lease, Cost
The components of lease expense for the three and six months ended June 30, 2023 and 2022 were as follows (in thousands):
Three Months Ended
June 30,
Six Months Ended
June 30,
2023202220232022
Operating lease expenses(1):
Fixed lease expense$4,232 $4,521 $8,406 $8,929 
Variable lease expense1,324 1,174 2,750 2,345 
Total$5,556 $5,695 $11,156 $11,274 
(1) Expenses are recorded within distribution expenses and selling, general and administrative expenses on the unaudited condensed consolidated statement of operations.
Schedule Of Supplemental Cash Flow Information Related To Leases Supplemental cash flow information for lease related liabilities and assets for the six months ended June 30, 2023 and 2022 were as follows (in thousands):
Six Months Ended
June 30,
2023
2022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases$9,661 $9,618 
Six Months Ended
June 30,
2023
2022
Right-of-use assets obtained in exchange for lease obligations:
Operating leases$2,715 $2,452 
Lessee, Operating Lease, Liability, Maturity The aggregate future lease payments for operating leases as of June 30, 2023 were as follows (in thousands):
 Operating
2023 (excluding the six months ended June 30, 2023)
$9,362 
202418,454 
202518,128 
202617,753 
202713,536 
202812,140 
Thereafter17,082 
Total lease payments106,455 
Less: Interest(19,069)
Present value of lease payments$87,386 
Schedule Of Average Lease Terms And Discount Rates Average lease terms and discount rates were as follows:
 June 30, 2023
Operating leases:
Weighted-average remaining lease term (years)6.3
Weighted-average discount rate6.3 %