Annual report pursuant to Section 13 and 15(d)

LEASES (Tables)

v3.22.0.1
LEASES (Tables)
 12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Lease, Cost Our short-term lease costs and sublease income are de minimis.
Years Ended December 31,
2021 2020
Operating lease expense $ 7,613  $ 7,657 
Non-cash lease expense $ 6,342  $ 6,037 
Cash payments on lease liabilities $ 9,065  $ 9,013 
ROU assets obtained in exchange for new operating lease obligations $ 5,756  $ 1,364 
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,
2021 2020
ROU assets $ 21,038 $ 21,624
Lease liabilities $ 26,171 $ 28,254
Weighted-average remaining lease term 4.1 years 4.0 years
Weighted-average discount rate (incremental borrowing rate) 4.76  % 4.54  %
Lessee, Operating Lease, Liability, Maturity Maturities of our operating lease liabilities as of December 31, 2021 are as follows (in thousands):
Year ended December 31,
2021 $ 9,009 
2022 7,505 
2023 4,633 
2024 3,408 
2025 2,187 
Thereafter 2,114 
Total payments 28,856 
Less: imputed interest (2,685)
Present value of lease liabilities $ 26,171