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Leases (Tables)

12 Months Ended

Dec. 31, 2023

The components of lease expense were as follows:


(In thousands)	2023		2022		2021
Finance leases:
Depreciation expense	$	7,957	$	3,938	$	2,510
Interest on lease liabilities	2,036		784		495
Operating leases	34,735		33,773		32,544
Variable and short-term leases	52,200		49,811		47,780
Sublease income	(7)		(6)		(53)
Total lease expense from continuing operations	$	96,921	$	88,300	$	83,276

Supplemental cash flow information related to leases was as follows:


(In thousands)	2023		2022		2021
Cash paid for amounts included in the measurement of lease liabilities:
Cash flows used by operating activities - Operating leases (a)	$	37,880	$	34,420	$	33,645
Cash flows used by operating activities - Finance leases	1,914		798		517
Cash flows used by financing activities - Finance leases	7,736		3,975		2,330
ROU assets obtained in exchange for lease obligations:
Operating leases	$	27,951	$	32,817	$	42,442
Finance leases	27,128		11,175		11,495

(a) Cash flows include cash paid for operating leases of discontinued operations.

Supplemental balance sheet information related to leases was as follows:


(In thousands)	2023		2022
Operating Leases:
Operating lease ROU assets	$	95,841	$	101,253
Current portion of operating lease liabilities	25,119		25,521
Operating lease liabilities	72,145		75,246
Finance Leases:
Property, plant and equipment, net	$	43,151	$	23,671
Current maturities of long-term debt	9,723		5,562
Long-term debt	33,911		18,832

Supplemental additional information related to leases was as follows:


	2023		2022
Other information:
Weighted average remaining lease term - Operating leases (in years)	7.36		7.42
Weighted average remaining lease term - Finance leases (in years)	5.33		5.35
Weighted average incremental borrowing rate - Operating leases	6.3	%	6.0	%
Weighted average incremental borrowing rate - Finance leases	6.4	%	5.2	%

Maturities of lease liabilities were as follows:

Maturities of lease liabilities were as follows: