The Company has operating leases for the use of equipment, corporate office space, and some of its terminal and distribution facilities. The leases have remaining lease terms of 0 to 7 years, with a weighted-average remaining lease term of 4 years at December 31, 2021. Some operating leases include options to extend the leases for up to 5 years. The Company’s lease calculations include the impact of options to extend when it is reasonably certain the Company will exercise the option. The Company used a weighted-average discount rate of 1.1% and 1.2% for leases entered into during 2021 and 2020, respectively. The components of net operating lease costs for 2021, 2020 and 2019 were as follows (in thousands):

⁽¹⁾	Includes the costs of leases with a term of one year or less.

As of December 31, 2021, future minimum payments under operating leases that were either non-cancelable or subject to significant penalty upon cancellation, including future minimum payments under renewal options that the Company is reasonably certain to exercise, were as follows (in thousands):



2022	$	956
2023		597
2024		558
2025		355
2026		354
Thereafter		534
Total future minimum lease payments		3,354
Less imputed interest		(144)
Present value of lease liabilities	$	3,210

Supplemental cash flow information pertaining to the Company’s leasing activity for the years ended December 31, 2021, 2020 and 2019 was as follows (in thousands):


	Year Ended December 31,
	2021		2020		2019
Cash payments for operating lease liabilities	$	1,420	$	1,486	$	1,664
Right-of-use assets obtained in exchange for operating lease obligations	$	2,377	$	314	$	857