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Leases (Tables)
12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Supplemental Balance Sheet Information
The following tables present supplemental balance sheet information related to our financing and operating leases:
As of December 31, 2023As of December 31, 2022
In thousandsOperating LeasesFinance LeasesTotalOperating LeasesFinance LeasesTotal
Right-of-use Assets$25,288 $129 $25,417 $18,574 $595 $19,169 
Liabilities:
Short-term lease liabilities4,773 42 4,815 5,587 160 5,747 
Long-term lease liabilities23,687 23,691 16,523 52 16,575 
Total Lease Liabilities$28,460 $46 $28,506 $22,110 $212 $22,322 
Components of Lease Expense
For the years ended December 31, 2023 and 2022, the components of lease expense were as follows:
In thousandsYear Ended December 31, 2023Year Ended December 31, 2022
Operating lease cost$5,526 $5,832 
Finance lease cost
Amortization of right-of-use assets123 166 
Interest on lease liabilities16 
Total Finance lease cost130 182 
Variable lease cost2,068 1,899 
Sublease income(834)(828)
Total lease cost, net$6,890 $7,085 
Other information related to leases was as follows:
In thousandsYear Ended December 31, 2023Year Ended December 31, 2022
Supplemental Cash Flows Information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$12,525 $12,698 
Operating cash flows from finance leases21 15 
Financing cash flows from finance leases160 194 
Weighted Average Remaining Lease term (in years)
Operating leases6.845.92
Finance leases1.041.36
Weighted Average Discount Rate
Operating leases5.65 %3.55 %
Finance leases7.76 %5.70 %
Maturities of Finance and Operating Lease Liabilities
The maturities of the Company’s finance and operating lease liabilities as of December 31, 2023 are as follows:
In thousands
Operating Leases(1)
Finance Leases
Year Ending December 31,
2024$6,173 $44 
20254,648 
20264,219 
20274,191 — 
20284,094 — 
2028 & Beyond11,397 — 
Total future minimum lease payments34,722 48 
Less: Imputed interest6,262 
Total lease liabilities$28,460 $46 
(1)Non-cancelable sublease proceeds for the fiscal year ending December 31, 2024 of $0.4 million, is not included in the table above.