Leases (Tables)

12 Months Ended

Dec. 31, 2021

Leases [Abstract]

Schedule of Leases

Leases consisted of the following at December 31:

(In thousands)	Balance Sheet Classification	2021		2020
Assets:
Operating	Operating lease assets	$	27,569	$	30,969
Finance	Property, plant and equipment, net	1,709		942
Total lease assets		$	29,278	$	31,911
Liabilities:
Current:
Operating	Accrued liabilities	$	6,494	$	6,888
Finance	Current debt	682		353
Noncurrent:
Operating	Noncurrent operating lease liabilities	$	22,352	$	25,068
Finance	Long-term debt, less current portion	1,041		590
Total lease liabilities		$	30,569	$	32,899

During 2021, we entered into $6.5 million and $1.2 million of new operating lease liabilities and finance lease liabilities, respectively, in exchange for leased assets.

Lease Term and Discount Rate	December 31, 2021
Weighted-average remaining lease term (years)
Operating leases	7.1
Finance leases	2.8
Weighted-average discount rate
Operating leases	4.8	%
Finance leases	4.1	%

Schedule of Maturity of Lease Liabilities, Finance Leases

The maturity of lease liabilities as of December 31, 2021 is as follows:

(In thousands)	Operating Leases		Finance Leases		Total
2022	$	7,678	$	722	$	8,400
2023	5,066		587		5,653
2024	3,629		325		3,954
2025	2,999		156		3,155
2026	2,951		2		2,953
Thereafter	11,763		—		11,763
Total lease payments	34,086		1,792		35,878
Less: Interest	5,240		69		5,309
Present value of lease liabilities	$	28,846	$	1,723	$	30,569

Schedule of Maturity of Lease Liabilities, Operating Leases

The maturity of lease liabilities as of December 31, 2021 is as follows:

(In thousands)	Operating Leases		Finance Leases		Total
2022	$	7,678	$	722	$	8,400
2023	5,066		587		5,653
2024	3,629		325		3,954
2025	2,999		156		3,155
2026	2,951		2		2,953
Thereafter	11,763		—		11,763
Total lease payments	34,086		1,792		35,878
Less: Interest	5,240		69		5,309
Present value of lease liabilities	$	28,846	$	1,723	$	30,569