LEASES

6 Months Ended

Jun. 30, 2023

LEASES

LEASES

8.LEASES

Maturities of the Company’s operating lease liabilities at June 30, 2023 are as follows:

	Rent to be
(In thousands)	Capitalized
2023	$	6,105
2024		12,238
2025		12,039
2026		11,356
2027		9,375
Thereafter		10,047
Total undiscounted lease payments		61,160
Less amounts representing interest		(3,613)
Operating lease liabilities	$	57,547

Other information related to the Company’s operating leases was as follows:

	Three Months Ended				Six Months Ended
	June 30,				June 30,
(In thousands)	2023		2022		2023		2022
Operating lease cost	$	3,152	$	3,271	$	6,293	$	6,533
Cash paid for amounts included in the measurement of operating lease liabilities		3,088		3,055		6,159		5,979

	June 30,		December 31,
	2023		2022
Weighted average remaining lease term	5.4	years	5.9	years
Weighted average discount rate	2.15	%	2.03	%