Leases (Tables)

12 Months Ended

Dec. 31, 2021

Leases [Abstract]

Schedule of ROU assets and liabilities

Operating ROU assets and liabilities as of December 31, 2021 comprises the following:

(in thousands) Assets	Balance Sheet Classification	December 31, 2021
Operating lease assets	Right-of-use assets, net	$	14,992
Liabilities
Operating	Lease liabilities, current	$	3,712
Operating	Lease liabilities, non-current	$	12,781
Total lease liabilities		$	16,493

Schedule of Lease Cost and Supplemental Lease Information

Total lease cost for the year ended December 31, 2021 is below. The variable lease costs were not included in the measurement of the lease liabilities. These primarily include property taxes, property insurance, and common area maintenance expenses.

(in thousands)	Statement of Operations Classification	December 31, 2021
Operating lease cost
Operating lease cost	Cost of sales	$	811
Operating lease cost	Selling, General and administrative		2,535
			3,346
Short-term lease cost
Short-term lease cost	Selling, General and administrative		879
			879
Variable lease cost
Variable lease cost	Cost of sales		236
Variable lease cost	Selling, General and administrative		270
			506
Total operating lease cost		$	4,731

The following table includes supplemental lease information:

Supplemental Cash Flow Information (dollars in thousands)	Total
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	3,041
Total	$	3,041
Lease liabilities arising from new ROU assets
Operating leases	$	5,707
Weighted average remaining lease term (in years)
Operating leases		6.3
Weighted average discount rate
Operating leases		2.75	%

Schedule of Lease Liability Maturity, Operating

The following table summarizes future lease payments as of December 31, 2021:

(in thousands)	Operating Leases
2022	$	4,117
2023		4,023
2024		3,294
2025		981
2026		885
Thereafter		4,795
Total		18,095
Less: Imputed Interest		(1,602	)
Present value of net lease payments	$	16,493

Schedule of Future Minimum Rental Payments, Operating Leases

Prior to the adoption of ASC 842, the future minimum operating lease commitments as of December 31, 2020 under ASC 840 is below. Prior year rent expense under ASC 840 was $3.7 million.

(in thousands)	Operating Lease
2021	$	2,617
2022		2,432
2023		2,114
2024		2,048
2025		669
Total	$	9,880