XML 61 R48.htm IDEA: XBRL DOCUMENT v3.22.4
Lease Commitments (Tables)
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Summary of Lease Costs
The following tables provide a summary of lease costs and future required fixed payments related to the Company’s leasing arrangements in which it is the lessee:
Year Ended
(Dollars in thousands)December 31,
2022
Operating lease cost$22,767 
Finance lease cost:
Amortization of right-of-use asset219 
Interest on lease liability291 
Short-term lease cost302 
Variable lease cost2,966 
Sublease income(73)
Total lease cost$26,472 
Cash paid for amounts included in the measurement of operating lease liabilities$25,379 
Cash paid for amounts included in the measurement of finance lease liabilities337 
Right-of-use asset obtained in exchange for new operating lease liabilities7,832 
Right-of-use asset obtained in exchange for new finance lease liabilities 
Weighted average remaining lease term - operating leases11.4 years
Weighted average remaining lease term - finance leases38.0 years
Weighted average discount rate - operating leases3.99 %
Weighted average discount rate - finance leases3.43 %
Summary of Future Required Fixed Payments Related to Operating Leasing Arrangements
(In thousands)Payments
2023$21,494 
202421,513 
202520,453 
202618,566 
202717,584 
2028 and thereafter115,255 
Total minimum future amounts$214,865 
Impact of measuring the lease liability on a discounted basis(48,127)
Total lease liability$166,738 
Summary of Future Required Fixed Payments Related to Finance Leasing Arrangements
(In thousands)Payments
2023$21,494 
202421,513 
202520,453 
202618,566 
202717,584 
2028 and thereafter115,255 
Total minimum future amounts$214,865 
Impact of measuring the lease liability on a discounted basis(48,127)
Total lease liability$166,738 
Schedule of Annual Gross Rental Receipts The approximate annual gross rental receipts under noncancelable agreements with remaining terms in excess of one year as of December 31, 2022, are as follows (in thousands): 
Receipts
2023$4,066 
20242,861 
20252,253 
20261,745 
20271,108 
2028 and thereafter3,674 
Total minimum future amounts$15,707