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Leases (Tables)
9 Months Ended
Sep. 30, 2022
Leases [Abstract]  
Schedule of Lease Expense, Payments for Operating Leases, and Information Related to Lease Term and Discount Rates Our expenses and payments for operating leases were as follows:
Three Months EndedNine Months Ended
(Dollars in thousands)September 30, 2022September 30, 2021September 30, 2022September 30, 2021
Operating leases expense$652 $594 $1,896 $2,054 
Short-term leases expense$168 $97 $420 $227 
Payments on operating lease obligations$663 $610 $2,231 $1,945 
The following table includes information regarding the lease term and discount rates utilized in the calculation of the present value of net future minimum lease payments:
Finance
Leases
Operating
Leases
Weighted Average Remaining Lease Term4.6 years6.1 years
Weighted Average Discount Rate3.76%4.40%
Schedule of Assets and Liabilities Balance Related To Finance and Operating Leases Our assets and liabilities balances related to finance and operating leases reflected in the condensed consolidated statements of financial position were as follows:
(Dollars in thousands)Location in Statements of
Financial Position
September 30, 2022December 31, 2021
Finance lease right-of-use assetsProperty, plant and equipment, net$1,629 $389 
Operating lease right-of-use assetsOther long-term assets$5,688 $17,161 
Finance lease obligations, current portionOther accrued liabilities$389 $198 
Finance lease obligations, non-current portionOther long-term liabilities$1,227 $209 
Total finance lease obligations$1,616 $407 
Operating lease obligations, current portionOther accrued liabilities$2,016 $2,810 
Operating lease obligations, non-current portionOther long-term liabilities$4,112 $14,965 
Total operating lease obligations$6,128 $17,775 
Schedule of Finance Lease Liability Maturity
The following table includes future minimum lease payments under finance and operating leases together with the present value of the net future minimum lease payments as of September 30, 2022:
FinanceOperating
(Dollars in thousands)Leases SignedLess: Leases Not Yet CommencedLeases in EffectLeases SignedLess: Leases Not Yet CommencedLeases in Effect
202292 (4)88 678 (19)659 
2023564 (51)513 2,446 (441)2,005 
2024381 (56)325 1,364 (479)885 
2025381 (56)325 1,021 (498)523 
2026379 (56)323 947 (429)518 
Thereafter343 (126)217 5,535 (2,973)2,562 
Total lease payments2,140 (349)1,791 11,991 (4,839)7,152 
Less: Interest(204)29 (175)(2,333)1,309 (1,024)
Present Value of Net Future Minimum Lease Payments1,936 (320)1,616 9,658 (3,530)6,128 
Schedule of Operating Lease Liability Maturity
The following table includes future minimum lease payments under finance and operating leases together with the present value of the net future minimum lease payments as of September 30, 2022:
FinanceOperating
(Dollars in thousands)Leases SignedLess: Leases Not Yet CommencedLeases in EffectLeases SignedLess: Leases Not Yet CommencedLeases in Effect
202292 (4)88 678 (19)659 
2023564 (51)513 2,446 (441)2,005 
2024381 (56)325 1,364 (479)885 
2025381 (56)325 1,021 (498)523 
2026379 (56)323 947 (429)518 
Thereafter343 (126)217 5,535 (2,973)2,562 
Total lease payments2,140 (349)1,791 11,991 (4,839)7,152 
Less: Interest(204)29 (175)(2,333)1,309 (1,024)
Present Value of Net Future Minimum Lease Payments1,936 (320)1,616 9,658 (3,530)6,128