Leases

12 Months Ended

Dec. 31, 2022

Leases [Abstract]

Leases

Note 15. Leases

The Company’s operating lease expenses are recognized on a straight-line basis. Operating lease cost for the years ended December 31, 2022, 2021 and 2020, were as follows:

	December 31,
		2022		2021		2020
	(U.S. $ in thousands)
Operating lease cost:
Fixed payments and variable payments that depend on an index or rate	$	8,951	$	10,196	$	10,102
Total operating lease cost	$	8,951	$	10,196	$	10,102

Cash flow and other information related to operating leases were as follows:

	December 31,
		2022		2021		2020
	(U.S. $ in thousands)
Cash paid for amounts included in the measurement of lease liabilities	$	8,372	$	9,829	$	10,559
Right-of-use assets obtained in exchange for new operating lease liabilities	$	12,057	$	5,955	$	10,008

	December 31,
		2022		2021		2020
Weighted-average remaining lease term — operating leases		4.11 years		2.59 years		3.00 years
Weighted-average discount rate — operating leases		4.17	%	4.58	%	4.78	%

Maturities of operating lease liabilities were as follows:

		December 31,
		2022
		(U.S. $ in thousands)
2023	$	7,561
2024		4,430
2025		2,180
2026		1,678
2027 and thereafter		2,879
Total operating lease payments		18,728
Less: imputed interest		(889	)
Present value of lease liabilities	$	17,839