LEASES (Tables)

3 Months Ended

Mar. 31, 2023

LEASES

Summary of maturities of operating lease liabilities

Maturities of the Company’s operating lease liabilities at March 31, 2023 are as follows:

	Rent to be
(In thousands)	Capitalized
2023	$	9,122
2024		12,115
2025		11,912
2026		11,225
2027		9,240
Thereafter		9,991
Total undiscounted lease payments		63,605
Less amounts representing interest		(3,848)
Operating lease liabilities	$	59,757

Summary of other information related to operating leases

	Three Months Ended
	March 31,
(In thousands)	2023		2022
Operating lease cost	$	3,141	$	3,262
Cash paid for amounts included in the measurement of operating lease liabilities		3,071		2,924

	March 31,		December 31,
	2023		2022
Weighted average remaining lease term	5.7	years	5.9	years
Weighted average discount rate	2.12	%	2.03	%