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Leases (Tables)
12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Lease Balances within the Consolidated Balance Sheet
Lease balances within our consolidated balance sheets were as follows:
(In thousands)December 31, 2021December 31, 2020
Assets:
Operating lease right-of-use assets
$19,847 $19,522 
Liabilities:
Other accrued liabilities
$4,769 $6,094 
Long-term operating lease obligations
14,266 13,681 
Total lease liabilities
$19,035 $19,775 
Operating Lease Expense, Operating Lease Cash Flows and Supplemental Cash Flow Information
Operating lease expense, including variable and short-term lease costs which were insignificant to the total, operating lease cash flows and supplemental cash flow information were as follows:
Year Ended December 31,
(In thousands)20212020
Cost of sales$2,508 $1,896 
Selling, general and administrative expenses4,151 4,040 
Total operating lease expense$6,659 $5,936 
Operating cash outflows from operating leases$6,555 $6,552 
Operating lease right-of-use assets obtained in exchange for lease obligations$7,017 $3,743 
Non-cash release of operating lease obligations (1)
$654 $— 
Lease Terms and Discount Rates The weighted average remaining lease liability term and the weighted average discount rate were as follows:
Year Ended December 31,
20212020
Weighted average lease liability term (in years)4.303.70
Weighted average discount rate3.17 %3.84 %
Reconciliation of the Undiscounted Cash Flows for Each of the First Five Years and Thereafter to Operating Lease Liabilities
The following table reconciles the undiscounted cash flows for each of the first five years and thereafter to the operating lease liabilities recognized in our consolidated balance sheet at December 31, 2021. The reconciliation excludes short-term leases that are not recorded on the balance sheet.
(In thousands)
2022$5,641 
20234,891 
20243,389 
20252,930 
20262,182 
Thereafter1,357 
Total lease payments20,390 
Less: imputed interest(1,355)
Total lease liabilities$19,035