LEASES (Tables)

3 Months Ended

Mar. 31, 2022

Leases [Abstract]

Summary of Leases

The following table provides information regarding the Company's leases as of the dates indicated:

	Three Months Ended March 31,
	2022		2021
Components of lease expense:
Operating lease cost (resulting from lease payments)	$	2,765	$	3,151
Supplemental cash flow information related to leases:
Operating cash flows from operating leases	$	2,939	$	3,280
ROU assets obtained in the exchange for lease liabilities due to:
New leases	$	—	$	803
Acquisitions	$	—	$	—
	March 31, 2022		December 31, 2021
Supplemental balance sheet information related to leases:
Operating lease ROU assets	$	56,569	$	57,872
Operating lease liabilities	$	65,664	$	67,138
Other information related to leases:
Weighted average remaining lease term of operating leases	8.8 years		9.0 years
Weighted average discount rate of operating leases	2.92%		2.92%

Maturities of operating lease liabilities

At March 31, 2022, the maturities of the Company’s operating lease liabilities were as follows:

 

(In thousands)	Amount
Maturity:
Remaining 2022	$	8,683
2023	11,678
2024	9,793
2025	7,976
2026	7,147
Thereafter	30,646
Total undiscounted lease payments	75,923
Less: Present value discount	(10,259)
Lease liability	$	65,664