We lease retail shoe stores, as well as several office and distribution facilities worldwide. The leases have original lease periods expiring between 2023 and 2029. Many leases include one or more options to renew. We do not assume renewals in our determination of the lease term unless the renewals are deemed to be reasonably assured at lease commencement. Our lease agreements do not contain any material residual value guarantees or material restrictive covenants.


	Three Months Ended March 31,
	2023		2022

	(Dollars in thousands)
Operating lease costs	$	1,362	$	1,264
Variable lease costs ⁽¹⁾		2		—
Total lease costs	$	1,364	$	1,264

⁽¹⁾Variable lease costs primarily include percentage rentals based upon sales in excess of specified amounts.

Short-term lease costs, which were excluded from the above table, are not material to our financial statements.

The following is a schedule of maturities of operating lease liabilities as of March 31, 2023:

The operating lease liabilities are classified in the consolidated condensed balance sheets (unaudited) as follows:


	March 31, 2023		December 31, 2022

	(Dollars in thousands)
Operating lease liabilities - current	$	4,270	$	4,026
Operating lease liabilities - non-current		10,897		10,661
Total	$	15,167	$	14,687

We determined the present value of our lease liabilities using a weighted-average discount rate of 4.25%. As of March 31, 2023, our leases have a weighted-average remaining lease term of 3.9 years.

Supplemental cash flow information related to our operating leases is as follows:


	Three Months Ended March 31,
	2023		2022

	(Dollars in thousands)
Cash paid for amounts included in the measurement of lease liabilities	$	1,286	$	1,128
Right-of-use assets obtained in exchange for new lease liabilities (noncash)	$	1,739	$	—