Leases (Tables)

12 Months Ended

Dec. 31, 2022

Leases [Abstract]

Schedule of Components of Lease Expense

The components of lease expense were as follows:

	December 31,
(table only in thousands)	2022		2021		2020
Operating lease cost (a)	$	3,558	$	3,232	$	3,450
Finance lease cost:
Amortization of right-of-use assets		309		308		308
Interest on lease liability		289		315		338
Total finance lease cost		598		623		646
Total lease cost	$	4,156	$	3,855	$	4,096
(a) includes variable lease costs which are immaterial

Summary of Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases was as follows:

	December 31,
(table only in thousands)	2022		2021		2020
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	3,637	$	3,171	$	3,338
Operating cash flows from finance leases	$	289	$	315	$	338
Financing cash flows from finance leases	$	600	$	603	$	467
Right of use assets obtained in exchange for lease obligations
Operating leases	$	3,487	$	2,206	$	545

Summary of Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to leases was as follows:

	December 31,
(table only in thousands)	2022		2021
Operating leases
Right-of-use assets from operating leases	$	11,373	$	10,893
Accounts payable and accrued expenses	$	3,228	$	2,414
Operating lease liabilities		8,453		8,762
Total operating lease liabilities	$	11,681	$	11,176
Finance leases
Property, plant and equipment, net	$	2,329	$	2,619
Accounts payable and accrued expenses	$	645	$	600
Other liabilities		5,537		6,183
Total finance lease liabilities	$	6,182	$	6,783

Schedule of Lease Terms and Discount Rate

Weighted-average remaining lease term as of December 31, 2022 were as follows:
Operating leases	10 years
Finance leases	8 years
Weighted-average discount rate
Operating leases	4.7%
Finance leases	4.6%

Schedule of Maturities of Lease Liabilities

As of December 31, 2022, maturities of lease liabilities were as follows:

(table only in thousands)	Operating Leases			Finance Leases
2023		3,405			907
2024		2,979			925
2025		2,375			943
2026		1,543			962
2027		668			982
Thereafter		1,891			2,597
Total minimum lease payments	$	12,861		$	7,316
Less imputed interest		(1,180	)		(1,134	)
Lease liability	$	11,681		$	6,182