LEASES (Tables)

12 Months Ended

Dec. 31, 2023

Leases [Abstract]

Schedule of Components of Lease Costs

The following table provides supplemental balance sheet classification information related to leases:

		December 31,
Leases	Balance Sheet Classification	2023		2022
Assets
Operating	Operating lease right-of-use-assets, net	$	13,975	$	15,042
Total leased assets		$	13,975	$	15,042
Liabilities
Current Operating	Accrued expenses	$	3,318	$	3,807
Noncurrent Operating	Long-term operating lease liabilities	11,292		11,622
Total operating lease liability		$	14,610	$	15,429

The following table presents the components of lease costs:

	Year Ended December 31,
	2023		2022
Operating lease costs	$	4,364	$	4,278
Short-term lease costs	446		415
Net lease costs(a)	$	4,810	$	4,693

(a) Recorded as a component of operating income on the Company’s Consolidated Statements of Income.

The following table presents supplemental cash flow and non-cash activity related to lease information:

	Year Ended December 31,
	2023		2022
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	4,116	$	4,082
Right-of-use assets obtained in exchange for lease obligations
Operating leases	$	4,100	$	3,417

The following table presents weighted average discount rate and remaining lease term:

	December 31,
	2023		2022
Weighted average discount rate
Operating leases	2.95	%	2.03	%
Weighted average remaining lease term
Operating leases	5.1 years		4.6 years

Schedule of Maturities of Operating Lease Liabilities

As of December 31, 2023, the future payments under operating leases having initial terms of one year or more were as follows:

2024	$	3,702
2025	3,638
2026	3,032
2027	2,094
2028	1,463
Thereafter	2,163
Total lease payments	16,092
Less interest	(1,482)
Total operating lease liability	$	14,610