Leases (Tables)

12 Months Ended

Dec. 31, 2021

The components of lease cost along with its classification on the Company's consolidated statements of operations were as follows:


		Year Ended December 31,
Lease Cost	Classification	2021		2020		2019
		(Amounts in thousands)
Operating lease cost (1)	Other operating expenses	$	15,846	$	15,814	$	15,146
Finance lease cost:
Amortization of assets	Other operating expenses	719		338		—
Interest on lease liabilities	Interest expense	25		13		—
Variable lease cost (1)	Other operating expenses	1,500		1,697		2,196
Sublease income (2)	Other revenue	(11)		—		—
Net lease cost		18,079		17,862		17,342

__________

(1) Includes short-term leases, which are immaterial.

(2) The Company subleased certain leased office space to third parties in 2021.

Weighted-average lease term and discount rate were as follows:


	December 31,
	2021	2020
Weighted-average remaining lease term (in years):
Operating leases	3.2	3.8
Finance leases	4.2	5.1


Weighted-average discount rate:
Operating leases	2.78	%	2.82	%
Finance leases	0.97	%	0.82	%

Supplemental cash flow and other information related to leases was as follows:


	Year Ended December 31,
	2021		2020		2019
	(Amounts in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	16,158	$	15,539	$	14,289
Operating cash flows from finance leases	25		13		—
Financing cash flows from finance leases	825		609		—

ROU assets obtained in exchange for lease liabilities:
Operating leases	4,904		8,673		15,372
Finance leases	1,115		3,047		—

on the Company's consolidated balance sheets were as follows:


		December 31,
Lease Assets and Liabilities	Classification	2021		2020
		(Amounts in thousands)
Operating lease assets	Operating lease right-of-use assets	$	31,967	$	40,554
Operating lease liabilities	Operating lease liabilities	34,577		43,825
Finance lease assets	Other assets	3,503		3,107
Finance lease liabilities	Other liabilities	3,126		2,836

Maturities of lease liabilities as of December 31, 2021 were as follows: