Annual report pursuant to Section 13 and 15(d)

LEASES (Tables)

v3.22.4
LEASES (Tables)
 12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Lease, Cost Our short-term lease costs and sublease income are de minimis.
Years Ended December 31,
2022 2021
Operating lease expense $ 7,819  $ 7,613 
Non-cash lease expense $ 5,802  $ 6,342 
Cash payments on lease liabilities $ 9,162  $ 9,065 
ROU assets obtained in exchange for new operating lease obligations $ 4,878  $ 5,756 
ROU assets are classified within Prepaids, other assets and goodwill on our consolidated balance sheets, while lease liabilities are classified within Accrued liabilities on our consolidated balance sheets. The following table contains additional information about our leases (dollars in thousands):
At December 31,
2022 2021
ROU assets $ 19,129 $ 21,038
Lease liabilities $ 22,782 $ 26,171
Weighted-average remaining lease term 4.5 years 4.1 years
Weighted-average discount rate (incremental borrowing rate) 4.44  % 4.76  %
Lessee, Operating Lease, Liability, Maturity Maturities of our operating lease liabilities as of December 31, 2022 are as follows (in thousands):
Year ended December 31,
2023 $ 8,129 
2024 5,500 
2025 4,223 
2026 2,844 
2027 1,471 
Thereafter 2,940 
Total payments 25,107 
Less: imputed interest (2,325)
Present value of lease liabilities $ 22,782