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Leases
12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Leases
Note 4 – Leases

The net right of use assets and lease liabilities recognized on the consolidated balance sheets for the Company's operating leases as of December 31, 2023 and 2022 are presented below:

  
 
December 31,
2023
   
December 31,
2022
 
Right of use assets
           
Operating Leases
           
Buildings and improvements
 
$
121,578
   
$
126,933
 
Machinery and equipment
   
5,251
     
4,260
 
Total
 
$
126,829
   
$
131,193
 
Current lease liabilities
               
Operating Leases
               
Buildings and improvements
 
$
23,647
   
$
22,926
 
Machinery and equipment
   
2,838
     
2,393
 
Total
 
$
26,485
   
$
25,319
 
Long-term lease liabilities
               
Operating Leases
               
Buildings and improvements
 
$
100,489
   
$
106,693
 
Machinery and equipment
   
2,341
     
1,800
 
Total
 
$
102,830
   
$
108,493
 
Total lease liabilities
 
$
129,315
   
$
133,812
 

Lease expense is classified in the statements of operations based on asset use.  Total lease cost recognized on the consolidated statements of operations is as follows:

 
 
Years ended December 31,
 
 
 
2023
   
2022
   
2021
 
Lease expense
                 
Operating lease expense
 
$
27,909
   
$
25,606
   
$
24,853
 
Short-term lease expense
   
988
     
971
     
2,031
 
Variable lease expense
   
566
     
365
     
359
 
Total lease expense
 
$
29,463
   
$
26,942
   
$
27,243
 

The Company paid $28,164, $24,074, and $23,899 for its operating leases during the years ended December 31, 2023, 2022, and 2021, respectively, which are included in operating cash flows on the consolidated statements of cash flows.  The weighted-average remaining lease term for the Company's operating leases is 9.4 years and the weighted-average discount rate is 6.3% as of December 31, 2023.

The undiscounted future lease payments for the Company's operating lease liabilities are as follows:

2024
 
$
27,474
 
2025
   
24,235
 
2026
   
19,692
 
2027
   
17,802
 
2028
   
15,154
 
Thereafter
   
68,809
 

The undiscounted future lease payments presented in the table above include payments through the term of the lease, which may include periods beyond the noncancellable term.  The difference between the total payments above and the lease liability balance is due to the discount rate used to calculate lease liabilities.