Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.22.2
Leases (Tables)
3 Months Ended
Mar. 31, 2022
Leases [Abstract]  
Summary of Components of Lease Costs

The following table summarizes the components of our lease costs:

 

 

 

Three Months Ended March 31,

 

(In thousands)

 

2022

 

Operating lease costs

 

$

2,201

 

Short-term lease costs

 

 

339

 

Total lease costs

 

$

2,540

 

 

Summary of Other Supplemental Information for Operating Leases

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

 

 

 

Three Months Ended March 31,

 

(Dollars in thousands)

 

2022

 

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

 

$

2,105

 

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

 

$

44,959

 

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 March 31, 2022:

 

(In thousands)

 

 

 

 

Remainder of 2022

 

$

9,954

 

2023

 

 

11,870

 

2024

 

 

11,395

 

2025

 

 

10,222

 

2026

 

 

10,236

 

2027

 

 

10,473

 

2028 and thereafter

 

 

35,022

 

Total lease payments

 

 

99,172

 

Less imputed interest

 

 

(19,986

)

Total lease liabilities

 

$

79,186