Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.22.2.2
Leases (Tables)
6 Months Ended
Jun. 30, 2022
Leases [Abstract]  
Summary of Components of Lease Costs

The following table summarizes the components of our lease costs:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

(In thousands)

 

2022

 

 

2022

 

Operating lease costs

 

$

3,400

 

 

$

5,601

 

Short-term lease costs

 

 

1,017

 

 

 

1,356

 

Total lease costs

 

$

4,417

 

 

$

6,957

 

 

Summary of Other Supplemental Information for Operating Leases

The following table includes other supplemental information for our operating leases:

 

 

 

Six Months Ended June 30,

 

(Dollars in thousands)

 

2022

 

Cash paid for amounts included in the measurement of our lease obligations

 

$

5,251

 

Right-of-use assets obtained in exchange for lease obligations

 

$

44,968

 

Right-of-use assets recognized upon adoption of the leasing standard

 

$

35,817

 

Weighted-average remaining lease term

 

8.1 years

 

Weighted-average discount rate

 

 

5.0

%

Summary of Maturity of Operating Leases

The following table summarizes the maturity of our operating leases as of June 30, 2022:

 

(In thousands)

 

 

 

 

Remainder of 2022

 

$

7,129

 

2023

 

 

13,095

 

2024

 

 

12,642

 

2025

 

 

11,496

 

2026

 

 

11,537

 

2027

 

 

11,803

 

2028 and thereafter

 

 

38,474

 

Total lease payments

 

 

106,176

 

Less imputed interest

 

 

(21,619

)

Total lease liabilities

 

$

84,557