Leases (Tables)

12 Months Ended

Dec. 31, 2023

Leases [Abstract]

Lessee, Operating and Finance Lease Term and Discount Rate

The table below presents certain information related to the weighted average discount rate and weighted average remaining lease term for the Company’s leases as of December 31, 2023 and 2022:

	2023		2022
Weighted average discount rate - operating leases	4.3	%	4.2	%
Weighted average discount rate - finance leases	8.3	%	6.1	%
Weighted average remaining lease term in years - operating leases	6.4		7.2
Weighted average remaining lease term in years - finance leases	4.1		2.0

Lease, Cost

The components of lease expense for the years ended December 31, 2023, 2022, and 2021 were as follows:

	Year Ended December 31,
(In thousands)	2023		2022		2021
Operating lease costs	$	3,515	$	3,701	$	2,817
Financing lease costs	420		174		166
Short-term lease costs	2,037		2,141		1,727
Total operating lease costs	5,972		6,016		4,710
Variable lease costs	1,292		1,104		749
Total lease expense	$	7,264	$	7,120	$	5,459

Lessee, Operating Lease, Liability, Maturity

Maturities of our lease liabilities as of December 31, 2023 are as follows:

(In thousands)	Operating Leases		Financing Leases
2024	$	3,400	$	487
2025	2,960		424
2026	2,655		389
2027	2,280		386
2028	2,042		134
Thereafter	4,896		—
Total lease payments	18,233		1,820
Less: interest	(2,231)		(275)
Total present value of lease liabilities	$	16,002	$	1,545

Finance Lease, Liability, to be Paid, Maturity

Maturities of our lease liabilities as of December 31, 2023 are as follows:

(In thousands)	Operating Leases		Financing Leases
2024	$	3,400	$	487
2025	2,960		424
2026	2,655		389
2027	2,280		386
2028	2,042		134
Thereafter	4,896		—
Total lease payments	18,233		1,820
Less: interest	(2,231)		(275)
Total present value of lease liabilities	$	16,002	$	1,545