Leases (Tables)
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12 Months Ended |
Dec. 31, 2022 |
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| Leases [Abstract] |
|
| Schedule of Lease Expense and Other Supplemental Information |
Lease expense consisted of the following for the years ended December 31, 2022 and 2021 (in thousands):
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Year Ended December 31, |
|
2022 |
|
2021 |
| Operating lease expense |
$ |
6,804 |
|
|
$ |
9,156 |
|
| Short-term lease expense |
75 |
|
|
335 |
|
| Finance lease expense: |
|
|
|
| Amortization of right-of-use assets |
1,820 |
|
|
1,582 |
|
| Interest on lease liabilities |
215 |
|
|
202 |
|
| Total lease expense |
$ |
8,914 |
|
|
$ |
11,275 |
|
Other supplemental information related to leases for the years ended December 31, 2022 and 2021 is as follows (in thousands):
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Year Ended December 31, |
|
2022 |
|
2021 |
| Cash paid for amounts included in the measurement of lease liabilities: |
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|
|
| Operating cash flows from operating leases |
$ |
6,790 |
|
|
$ |
9,284 |
|
| Operating cash flows from finance leases |
215 |
|
|
202 |
|
| Financing cash flows from finance leases |
2,655 |
|
|
1,677 |
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| Right-of-use assets obtained in exchange for lease obligations: |
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|
|
| Operating leases |
$ |
5,190 |
|
|
$ |
594 |
|
| Finance leases |
3,058 |
|
|
1,750 |
|
`
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Year Ended December 31, |
|
2022 |
|
2021 |
| Weighted-average remaining lease term: |
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|
|
| Operating leases |
2.9 years |
|
3.1 years |
| Finance leases |
2.0 years |
|
3.3 years |
| Weighted-average discount rate: |
|
|
|
| Operating leases |
4.1 |
% |
|
3.3 |
% |
| Finance leases |
4.3 |
% |
|
3.3 |
% |
|
| Schedule of Lease Assets and Liabilities |
Supplemental balance sheet information related to leases as of December 31, 2022 and 2021 is as follows (in thousands):
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Year Ended December 31, |
|
2022 |
|
2021 |
| Operating leases: |
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|
|
| Operating lease right-of-use assets |
$ |
10,656 |
|
|
$ |
12,168 |
|
| Current operating lease liability |
5,447 |
|
|
5,942 |
|
| Long-term operating lease liability |
4,913 |
|
|
5,918 |
|
| Finance leases: |
|
|
|
| Property and equipment, net |
$ |
7,267 |
|
|
$ |
6,065 |
|
| Accrued expenses and other current liabilities |
4,003 |
|
|
1,834 |
|
| Other liabilities |
2,602 |
|
|
4,375 |
|
|
| Schedule of Finance Lease Liabilities |
Maturities of lease liabilities as of December 31, 2022 are as follows (in thousands):
|
|
|
|
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|
|
|
|
|
|
Operating Leases |
|
Finance Leases |
| 2023 |
$ |
5,731 |
|
|
$ |
4,148 |
|
| 2024 |
3,708 |
|
|
1,203 |
|
| 2025 |
1,034 |
|
|
696 |
|
| 2026 |
147 |
|
|
795 |
|
| 2027 |
12 |
|
|
— |
|
| Thereafter |
399 |
|
|
— |
|
| Total lease payments |
11,031 |
|
|
6,842 |
|
| Less: Present value discount |
671 |
|
|
237 |
|
| Present value of lease payments |
$ |
10,360 |
|
|
$ |
6,605 |
|
|
| Schedule of Operating Lease Liabilities |
Maturities of lease liabilities as of December 31, 2022 are as follows (in thousands):
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Operating Leases |
|
Finance Leases |
| 2023 |
$ |
5,731 |
|
|
$ |
4,148 |
|
| 2024 |
3,708 |
|
|
1,203 |
|
| 2025 |
1,034 |
|
|
696 |
|
| 2026 |
147 |
|
|
795 |
|
| 2027 |
12 |
|
|
— |
|
| Thereafter |
399 |
|
|
— |
|
| Total lease payments |
11,031 |
|
|
6,842 |
|
| Less: Present value discount |
671 |
|
|
237 |
|
| Present value of lease payments |
$ |
10,360 |
|
|
$ |
6,605 |
|
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