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LEASES (Tables)
12 Months Ended
Dec. 31, 2022
LEASES  
Summary of maturities of operating lease liabilities

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

Summary of other information related to operating leases

 

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

%