LEASES

12 Months Ended

Dec. 31, 2022

LEASES

LEASES

8. LEASES

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

	Rent to be
(In thousands)	Capitalized
2023	$	11,724
2024		11,641
2025		11,434
2026		10,741
2027		8,754
Thereafter		9,964
Total undiscounted lease payments		64,258
Less amounts representing interest		(3,918)
Operating lease liabilities	$	60,340

Other information related to our operating leases was as follows:

	Year Ended
	December 31,
(In thousands)	2022		2021		2020
Operating lease cost	$	11,428	$	14,341	$	6,522
Cash paid for amounts included in the measurement of operating lease liabilities		10,574		13,975		7,030

	December 31,		December 31,
	2022		2021
Weighted average remaining lease term	5.9	years	6.6	years
Weighted average discount rate	2.03	%	1.79	%