LEASES (Tables)

12 Months Ended

Dec. 31, 2023

Operating Leases

Schedule of components of lease

(000’s omitted)	2023		2022		2021
Operating lease cost	$	9,358	$	8,568	$	8,397
Variable lease cost		68		108		50
Short-term lease cost (1)		64		65		148
Total lease cost	$	9,490	$	8,741	$	8,595

⁽¹⁾Short-term lease cost includes the cost of leases with terms of twelve months or less, excluding leases with terms of one month or less.

Schedule of supplemental cash flow information related to leases

(000’s omitted)	2023		2022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows for operating leases	$	8,584	$	8,402
Right-of-use assets obtained in exchange for lease obligations:
Operating leases		19,301		6,758

Schedule of supplemental balance sheet information related to leases

(000’s omitted, except lease term and discount rate)	2023			2022
Operating leases
Operating lease right-of-use assets	$	40,036		$	30,069
Operating lease liabilities		41,409			31,091
Weighted average remaining lease term
Operating leases		6.5 years			4.9 years
Weighted average discount rate
Operating leases		3.79	%		2.89	%

Schedule of maturities of lease liabilities

Maturities of lease liabilities as of December 31, 2023 are as follows:

(000’s omitted)	Operating Leases
2024	$	9,661
2025		8,590
2026		7,379
2027		5,264
2028		3,854
Thereafter		13,048
Total lease payments		47,796
Less imputed interest		(6,387)
Total	$	41,409

Maturities of lease liabilities as of December 31, 2022 are as follows:

(000’s omitted)	Operating Leases
2023	$	8,995
2024		7,579
2025		5,992
2026		4,180
2027		2,547
Thereafter		4,333
Total lease payments		33,626
Less imputed interest		(2,535)
Total	$	31,091

706 North Clinton

Operating Leases

Schedule of maturities of lease liabilities

The maturities of the Company’s related party lease liabilities as of December 31, 2023 are as follows:

(000’s omitted)	706 North Clinton, LLC
2024	$	591
2025		605
2026		615
2027		506
2028		506
Thereafter		715
Total lease payments		3,538
Less imputed interest		(368)
Total	$	3,170

The maturities of the Company’s related party lease liabilities as of December 31, 2022 are as follows:

(000’s omitted)	706 North Clinton, LLC
2023	$	591
2024		591
2025		605
2026		615
2027		506
Thereafter		1,221
Total lease payments		4,129
Less imputed interest		(493)
Total	$	3,636