Leases (Tables)

12 Months Ended

Dec. 31, 2023

Leases.

Schedule of assets and liabilities related to operating leases

December 31,	2023		2022
(in thousands)
Assets:
Operating lease right-of-use assets	$	24,537	$	28,864
Finance lease right-of-use assets		1,036		—
Total lease assets	$	25,573	$	28,864
Liabilities:
Current portion of operating leases	$	7,367	$	10,728
Current portion of finance lease liabilities and finance obligations		375		—
Long-term finance lease liabilities		819		—
Long-term operating lease liabilities		18,600		19,517
Total lease liabilities	$	27,161	$	19,517

Schedule of lease cost

Year ended December 31,	2023		2022		2021
(in thousands)
Finance lease cost
Amortization of leased assets	$	129	$	3,390	$	1,452
Interest on lease liabilities		13		283		116
Total finance lease cost	$	142	$	3,673	$	1,568

Interest on finance obligation	$	35	$	—	$	—
Operating lease cost	$	15,096	$	9,615	$	7,580
Short-term lease cost		1,862		9,192		3,626
Variable lease cost		774		647		772
Sublease income		(1,400)		(1,021)		(831)
Total operating lease cost	$	16,332	$	18,433	$	11,147
Total lease cost	$	16,509	$	22,106	$	12,715

Schedule of other information of leases

Year ended December 31,	2023		2022		2021
(in thousands)
Finance lease cost
Amortization of leased assets	$	129	$	3,390	$	1,452
Interest on lease liabilities		13		283		116
Total finance lease cost	$	142	$	3,673	$	1,568

Interest on finance obligation	$	35	$	—	$	—
Operating lease cost	$	15,096	$	9,615	$	7,580
Short-term lease cost		1,862		9,192		3,626
Variable lease cost		774		647		772
Sublease income		(1,400)		(1,021)		(831)
Total operating lease cost	$	16,332	$	18,433	$	11,147
Total lease cost	$	16,509	$	22,106	$	12,715

Other Information:

As of December 31,	2023			2022
Cash paid for amounts included in the measurement of lease liabilities – operating leases (in thousands)	$	12,475		$	8,742
Cash paid for amounts included in the measurement of lease liabilities – finance lease and finance obligations (in thousands)	$	515		$	—
ROU assets obtained in exchange for operating lease liabilities (in thousands)	$	8,151		$	12,882
Weighted average remaining lease term – finance lease (years)		4.00			—
Weighted average remaining lease term – operating leases (years)		5.06			5.14
Weighted average remaining term – finance obligations (months)		8.00			—
Weighted average discount rate – finance lease		2.3	%		—	%
Weighted average discount rate – operating leases		4.42	%		3.93	%
Weighted average discount rate – finance obligations		8.40	%		—	%

Schedule of maturity of lease liabilities and finance obligations

As of December 31,	2023
(in thousands)
2024	$	9,197
2025		5,856
2026		4,957
2027		3,863
2028		2,291
Thereafter		4,487
Total lease payments		30,651
Less: Amounts representing interest		(3,490)
Present value of lease liabilities	$	27,161