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Leases (Tables)
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Components of Lease Expense and Cash Flow Information Related to Leases
The following table presents the components of lease expense for the periods indicated:
Year ended December 31,
(in thousands)20222021
Operating lease cost$5,725 $5,201 
Short-term lease cost283 241 
Variable lease cost26 11 
Sublease income— (24)
Total lease cost$6,034 $5,429 
The following table presents supplemental cash flow information related to leases as of the periods ended:
Year ended December 31,
(in thousands)20222021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases$5,904 $4,964 
ROUA obtained in exchange for operating lease liabilities$6,149 $2,883 
Weighted Average Operating Lease Term and Discount Rate The following table presents the weighted average operating lease term and discount rate as of the periods ended:
Year ended December 31,
20222021
Weighted-average remaining lease term8.3 years9.3 years
Weighted-average discount rate3.0 %2.9 %
Expected Future Operating Lease Payments At December 31, 2022, future expected operating lease payments are as follows (in thousands):
Periods ending December 31,
2023$5,522 
20245,169 
20254,589 
20264,105 
20273,400 
Thereafter10,477 
33,262 
Discount for present value of expected cash flows(4,258)
Lease liability at December 31, 2022$29,004