Leases

12 Months Ended

Dec. 31, 2022

Leases [Abstract]

Lessee, Operating Leases

Leases

We lease certain factories, service and distribution locations, offices, and equipment under operating leases. Our operating leases have initial lease terms ranging from one to 12 years, some of which include options to extend or renew the leases for up to 10 years. Certain lease agreements contain provisions for future rent increases. Our leases do not contain material residual value guarantees, and finance leases are not material.

The components of operating lease expense are as follows:

In thousands	Year Ended December 31,
	2022		2021
Operating lease cost	$	19,092	$	20,577
Variable lease cost	4,107		2,662
Total operating lease cost	$	23,199	$	23,239

Supplemental cash flow information related to operating leases is as follows:

In thousands	Year Ended December 31,
	2022		2021
Cash paid for amounts included in the measurement of operating lease liabilities	$	19,214	$	20,958
Right-of-use assets obtained in exchange for operating lease liabilities	5,597		8,342

Supplemental balance sheet information related to operating leases is as follows:

In thousands	December 31, 2022			December 31, 2021
Operating lease right-of-use assets, net	$	52,826		$	65,523
Other current liabilities	15,967			16,602
Operating lease liabilities	44,370			57,314
Total operating lease liability	$	60,337		$	73,916
Weighted average remaining lease term - Operating leases	3.8 years			4.7 years
Weighted average discount rate - Operating leases	4.4		%	4.4		%

Amounts due under operating lease liabilities as of December 31, 2022 are as follows:

In thousands	December 31, 2022
2023	$	18,199
2024	16,080
2025	14,558
2026	12,201
2027	3,543
Thereafter	1,033
Total lease payments	65,614
Less: imputed interest	(5,277)
Total operating lease liability	$	60,337