Leases (Tables)

9 Months Ended

Sep. 30, 2022

Leases [Abstract]

Schedule of Maturity of Finance Lease Liability

At September 30, 2022, the maturity of lease liabilities under Topic 842 "Leases" are as follows:

Year	Operating Leases		Financing Leases		Total
	(in thousands)
2022 (Remaining three months)	$	987	$	47	$	1,034
2023	3,633		158		3,791
2024	2,360		133		2,493
2025	1,749		19		1,768
2026	1,047		—		1,047
Thereafter	1,505		—		1,505
Total	11,281		357		11,638
Less: present value discount*	(1,397)		(20)		(1,417)
Present value of lease liabilities	9,884		337		10,221
Less: current portion of lease liabilities	(3,313)		(156)		(3,469)
Total long-term lease liabilities	$	6,571	$	181	$	6,752
* The discount rate used was the incremental borrowing rates respective to the country where the assets are located.

Schedule of Maturity of Operating Lease Liability

At September 30, 2022, the maturity of lease liabilities under Topic 842 "Leases" are as follows:

Year	Operating Leases		Financing Leases		Total
	(in thousands)
2022 (Remaining three months)	$	987	$	47	$	1,034
2023	3,633		158		3,791
2024	2,360		133		2,493
2025	1,749		19		1,768
2026	1,047		—		1,047
Thereafter	1,505		—		1,505
Total	11,281		357		11,638
Less: present value discount*	(1,397)		(20)		(1,417)
Present value of lease liabilities	9,884		337		10,221
Less: current portion of lease liabilities	(3,313)		(156)		(3,469)
Total long-term lease liabilities	$	6,571	$	181	$	6,752
* The discount rate used was the incremental borrowing rates respective to the country where the assets are located.

Schedule of Lease, Cost

The lease cost is recognized in our condensed consolidated statements of income in the category of general and administrative and is summarized as follows:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2022		2021		2022		2021
	(in thousands)				(in thousands)
Operating Lease Cost	$	1,001	$	1,109	$	2,980	$	3,873
Finance Lease Cost:
Amortization of Lease Assets	41		48		135		146
Interest on Lease Liabilities	5		8		18		27
Finance Lease Cost	46		56		153		173
Sublease Income	(23)		(34)		(69)		(95)
Total Net Lease Cost	$	1,024	$	1,131	$	3,064	$	3,951

Schedule of Other Operating and Finance Lease Information

Other information about lease amounts recognized in our condensed consolidated statement of income is summarized as follows:

	September 30, 2022
Weighted Average Lease Term - Operating Leases	4.1 years
Weighted Average Lease Term - Finance Leases	2.2 years
Weighted Average Discount Rate - Operating Leases	7.9	%
Weighted Average Discount Rate - Finance Leases	6.0	%

Schedule of Other Commitments

Such arrangements represent further commitments of approximately $19.4 million as follows:

Year	Commitments
	(in thousands)
2022 (Remaining three months)	$	3,924
2023	15,497
Thereafter	—
Total	$	19,421