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Leases (Tables)
3 Months Ended
Mar. 31, 2022
Leases [Abstract]  
Components of Lease Expense The following table presents the components of lease expense for the periods ended:
Three months ended March 31,
(in thousands)20222021
Operating lease cost$1,319 $1,258 
Short-term lease cost53 61 
Variable lease cost(2)
Sublease income— (13)
Total lease cost$1,374 $1,304 
Supplemental Cash Flow Information Related to Leases The following table presents supplemental cash flow information related to leases for the periods ended:
Three months ended March 31,
(in thousands)20222021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases$1,292 $1,204 
ROUA obtained in exchange for operating lease liabilities$3,867 $1,308 
Weighted Average Operating Lease Term And Discount Rate The following table presents the weighted average operating lease term and discount rate as of the period ended:
March 31,
20222021
Weighted-average remaining lease term (years)8.89.8
Weighted-average discount rate2.90 %3.03 %
Future Expected Operating Lease Payments At March 31, 2022, future expected operating lease payments are as follows:
(in thousands)
Periods ending December 31,
2022$4,321 
20235,146 
20244,694 
20254,017 
20263,612 
Thereafter13,378 
35,168 
Discount for present value of expected cash flows(4,668)
Lease liability at March 31, 2022$30,500