LEASES (Tables)

12 Months Ended

Dec. 31, 2021

LEASES

Summary of maturities of operating lease liabilities

Maturities of the Company’s operating lease liabilities at December 31, 2021 are as follows:

	Rent to be
(In thousands)	Capitalized
2022	$	11,934
2023		10,694
2024		10,587
2025		10,352
2026		9,631
Thereafter		17,306
Total undiscounted lease payments		70,504
Less amounts representing interest		(4,401)
Operating lease liabilities	$	66,103

Summary of other information related to operating leases

	Year Ended
	December 31,
(In thousands)	2021		2020			2019
Operating lease cost	$	14,341	$	6,522	$	6,588
Cash paid for amounts included in the measurement of operating lease liabilities		13,975		7,030		6,907

	December 31,
	2021
Weighted average remaining lease term	6.6	years
Weighted average discount rate	1.79	%