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Leases
 6 Months Ended
Jun. 30, 2022
Lease Expense Components [Abstract]  
Lessee, Operating Leases Leases
The Company primarily has operating and finance leases for certain manufacturing facilities, corporate offices and certain equipment. Operating leases are included in operating lease right-of-use assets, current operating lease liabilities and long-term operating lease liabilities on the Company’s condensed consolidated balance sheets. Finance leases are included in property, plant and equipment, net, debt payable within one year, and long-term debt on the Company’s condensed consolidated balance sheets.
The components of lease expense were as follows:
Three Months Ended June 30,Six Months Ended June 30,
2022202120222021
Operating lease expense$7,238 $8,087 $14,624 $15,431 
Short-term lease expense1,234 1,965 2,145 3,605 
Variable lease expense178 181 466 429 
Finance lease expense:
Amortization of right-of-use assets485 521 977 1,067 
Interest on lease liabilities330 372 662 738 
Total lease expense$9,465 $11,126 $18,874 $21,270 
Other information related to leases was as follows:
Six Months Ended June 30,
20222021
Supplemental Cash Flows Information
Cash paid for amounts included in the measurement of lease liabilities:
     Operating cash flows for operating leases$15,037 $16,953 
     Operating cash flows for finance leases668 734 
     Financing cash flows for finance leases1,038 1,195 
Non-cash right-of-use assets obtained in exchange for lease obligations:
     Operating leases9,958 7,355 
     Finance leases113 572 
Weighted Average Remaining Lease Term (in years)
Operating leases7.47.7
Finance leases9.310.1
Weighted Average Discount Rate
Operating leases6.0 %5.5 %
Finance leases5.9 %5.8 %
Future minimum lease payments under non-cancellable leases as of June 30, 2022 were as follows:
YearOperating LeasesFinance
Leases
Remainder of 2022$13,593 $1,542 
202324,820 3,118 
202418,858 3,348 
202515,322 3,396 
202611,214 3,137 
Thereafter49,149 17,025 
    Total future minimum lease payments132,956 31,566 
Less imputed interest(26,839)(7,663)
    Total$106,117 $23,903 
Amounts recognized on the condensed consolidated balance sheets as of June 30, 2022 and December 31, 2021 were as follows:
June 30, 2022December 31, 2021
Operating Leases
Operating lease right-of-use assets, net$102,407 $111,052 
Current operating lease liabilities21,177 22,552 
Long-term operating lease liabilities84,940 92,760 
Finance Leases
Debt payable within one year2,134 2,153 
Long-term debt21,769 23,590 
As of June 30, 2022 and December 31, 2021, assets recorded under finance leases, net of accumulated depreciation were $23,513 and $25,690, respectively. As of June 30, 2022, the Company had one real estate lease that had not yet commenced with undiscounted lease payments of approximately $423.
Lessee, Finance Leases Leases
The Company primarily has operating and finance leases for certain manufacturing facilities, corporate offices and certain equipment. Operating leases are included in operating lease right-of-use assets, current operating lease liabilities and long-term operating lease liabilities on the Company’s condensed consolidated balance sheets. Finance leases are included in property, plant and equipment, net, debt payable within one year, and long-term debt on the Company’s condensed consolidated balance sheets.
The components of lease expense were as follows:
Three Months Ended June 30,Six Months Ended June 30,
2022202120222021
Operating lease expense$7,238 $8,087 $14,624 $15,431 
Short-term lease expense1,234 1,965 2,145 3,605 
Variable lease expense178 181 466 429 
Finance lease expense:
Amortization of right-of-use assets485 521 977 1,067 
Interest on lease liabilities330 372 662 738 
Total lease expense$9,465 $11,126 $18,874 $21,270 
Other information related to leases was as follows:
Six Months Ended June 30,
20222021
Supplemental Cash Flows Information
Cash paid for amounts included in the measurement of lease liabilities:
     Operating cash flows for operating leases$15,037 $16,953 
     Operating cash flows for finance leases668 734 
     Financing cash flows for finance leases1,038 1,195 
Non-cash right-of-use assets obtained in exchange for lease obligations:
     Operating leases9,958 7,355 
     Finance leases113 572 
Weighted Average Remaining Lease Term (in years)
Operating leases7.47.7
Finance leases9.310.1
Weighted Average Discount Rate
Operating leases6.0 %5.5 %
Finance leases5.9 %5.8 %
Future minimum lease payments under non-cancellable leases as of June 30, 2022 were as follows:
YearOperating LeasesFinance
Leases
Remainder of 2022$13,593 $1,542 
202324,820 3,118 
202418,858 3,348 
202515,322 3,396 
202611,214 3,137 
Thereafter49,149 17,025 
    Total future minimum lease payments132,956 31,566 
Less imputed interest(26,839)(7,663)
    Total$106,117 $23,903 
Amounts recognized on the condensed consolidated balance sheets as of June 30, 2022 and December 31, 2021 were as follows:
June 30, 2022December 31, 2021
Operating Leases
Operating lease right-of-use assets, net$102,407 $111,052 
Current operating lease liabilities21,177 22,552 
Long-term operating lease liabilities84,940 92,760 
Finance Leases
Debt payable within one year2,134 2,153 
Long-term debt21,769 23,590 
As of June 30, 2022 and December 31, 2021, assets recorded under finance leases, net of accumulated depreciation were $23,513 and $25,690, respectively. As of June 30, 2022, the Company had one real estate lease that had not yet commenced with undiscounted lease payments of approximately $423.