8. LEASES The following table presents the Company’s remaining maturities of undiscounted lease payments, as well as a reconciliation to the discounted operating lease liabilities in the Consolidated Statements of Financial Condition at December 31, 2023: | | | | | | | (In thousands) | | | 2024 | | $ | 13,009 | 2025 | | | 12,833 | 2026 | | | 12,173 | 2027 | | | 10,322 | 2028 | | | 4,297 | Thereafter | | | 6,260 | Total undiscounted lease payments | | | 58,894 | Less amounts representing interest | | | (3,440) | Operating lease liabilities | | $ | 55,454 |
Other information related to our operating leases was as follows: | | | | | | | | | | | | Year Ended December 31, | (In thousands) | | 2023 | | 2022 | | 2021 | Operating lease cost | | $ | 12,801 | | $ | 11,428 | | $ | 14,341 | Cash paid for amounts included in the measurement of operating lease liabilities | | | 12,560 | | | 10,574 | | | 13,975 |
| | | | | | | | | Year Ended December 31, | | | | 2023 | | | 2022 | | Weighted average remaining lease term | | 5.0 | years | | 5.9 | years | Weighted average discount rate | | 2.34 | % | | 2.03 | % |
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