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Leases
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Lessee, Operating Leases Leases
The Company leases certain equipment and facilities under non-cancelable operating leases. Leases with an initial term of 12 months or less are not recorded on the balance sheet; expense related to these leases is recognized on a straight-line basis over the lease term.
The components of lease expense are as follows (dollars in thousands):
Year ended December 31,
202220212020
Operating lease cost$10,560 8,510 7,870 
Short-term, variable and other lease costs3,350 2,460 1,540 
Total lease cost$13,910 $10,970 $9,410 
Maturities of lease liabilities are as follows (dollars in thousands):
Year ended December 31,
Operating Leases(a)
2023$9,970 
20249,130 
20257,830 
20267,730 
20276,650 
Thereafter14,220 
Total lease payments55,530 
Less: Imputed interest(6,240)
Present value of lease liabilities$49,290 
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(a)     The maturity table excludes cash flows associated with exited lease facilities. Liabilities for exited lease facilities are included in accrued liabilities and other long-term liabilities in the accompanying consolidated balance sheet.
The weighted-average remaining term of the Company's operating leases as of December 31, 2022 is 6.7 years. The weighted-average discount rate as of December 31, 2022 is 3.7%.
Cash paid for amounts included in the measurement of operating lease liabilities was $9.9 million, $7.9 million and $7.9 million during 2022, 2021 and 2020 respectively, and is included in cash flows provided by operating activities in the consolidated statement of cash flows.
Right-of-use assets obtained in exchange for lease liabilities were $5.8 million and $19.6 million during 2022 and 2021, respectively.