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Leases (Tables)
12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Other Operating and Finance Lease Information As of December 31, 2021, the maturity of lease liabilities under Topic 842 are as follows:
YearOperating LeasesFinancing LeasesTotal
 (In thousands)
2022$3,583 $207 $3,790 
20233,180 158 3,338 
20241,833 133 1,966 
20251,228 19 1,247 
2026460 — 460 
Thereafter1,079 — 1,079 
Total11,363 517 11,880 
Less: present value discount*(1,051)(38)(1,089)
              Present value of lease liabilities10,312 479 10,791 
Less: current portion of lease liabilities(3,173)(185)(3,358)
     Total long-term lease liabilities$7,139 $294 $7,433 
* The discount rate used was the relevant incremental borrowing rate in each of the jurisdictions
wherein the leased properties are located
Other information about lease amounts recognized in our consolidated statement of income is summarized as follows:
December 31, 2021
Weighted Average Lease Term - Operating Leases4.24 years
Weighted Average Lease Term - Finance Leases2.79 years
Weighted Average Discount Rate - Operating Leases7.00 %
Weighted Average Discount Rate - Finance Leases6.39 %
Lease Cost The lease cost recognized in our consolidated statements of income in the category of general and administrative, is summarized as follows:
Year Ended December 31,
(In thousands)20212020
Operating Lease Cost $4,860 $7,051 
Finance Lease Cost:
                   Amortization of Lease Assets194161
                   Interest on Lease liabilities3539
Finance Lease Cost229200
Sublease Income(118)(476)
Total Net Lease Cost$4,971 $6,775 
Schedule of Future Minimum Rental Payments for Operating Leases Commitments for minimum rentals under non-cancellable leases, under the legacy guidance in ASC 840 as of December 31, 2021 were as follows:
YearOperating LeasesFinancing Leases
 (In thousands)
2022$3,583 $207 
20233,180 158 
20241,833 133 
20251,228 19 
2026460 — 
Thereafter1,079 — 
Total$11,363 $517 
Less: sublease income(118)
Net lease payments$11,245 
Less: amount representing interest 35 
Present value of obligations under financing leases $552 
Less: current portion (185)
Long-term obligations $367 
Schedule of Future Minimum Lease Payments for Capital Leases Commitments for minimum rentals under non-cancellable leases, under the legacy guidance in ASC 840 as of December 31, 2021 were as follows:
YearOperating LeasesFinancing Leases
 (In thousands)
2022$3,583 $207 
20233,180 158 
20241,833 133 
20251,228 19 
2026460 — 
Thereafter1,079 — 
Total$11,363 $517 
Less: sublease income(118)
Net lease payments$11,245 
Less: amount representing interest 35 
Present value of obligations under financing leases $552 
Less: current portion (185)
Long-term obligations $367 
Schedule Of Future Principal Debt Payments and Minimum Lease Payments Under Non-Cancelable Operating And Capital Leases Such arrangements represent further commitments of approximately $34.4 million as follows:
YearCommitments
 (In thousands)
2022$17,406 
202316,996 
Thereafter— 
Total$34,402