LEASES (Tables)

3 Months Ended

Mar. 31, 2022

LEASES

Summary of maturities of operating lease liabilities

Maturities of the Company’s operating lease liabilities at March 31, 2022 are as follows:

	Rent to be
(In thousands)	Capitalized
2022	$	9,020
2023		10,707
2024		10,600
2025		10,366
2026		9,645
Thereafter		17,386
Total undiscounted lease payments		67,724
Less amounts representing interest		(4,124)
Operating lease liabilities	$	63,600

Summary of other information related to operating leases

	Three Months Ended
	March 31,
(In thousands)	2022		2021
Operating lease cost	$	3,262	$	3,158
Cash paid for amounts included in the measurement of operating lease liabilities		—		3,050

	March 31,		December 31,
	2022		2021
Weighted average remaining lease term	6.4	years	6.6	years
Weighted average discount rate	1.79	%	1.79	%