LEASES (Tables)

12 Months Ended

Dec. 31, 2022

Leases [Abstract]

Assets and Liabilities, Lessee

Leased assets and liabilities included within the Consolidated Balance Sheets consist of the following (in thousands):

	Classification	December 31, 2022		December 31, 2021
Right-of-Use Assets
Operating	Other assets	$	23,003	$	11,379
Finance	Property, plant and equipment, net	—		2,658
Total leased ROU assets		$	23,003	$	14,037
Liabilities
Current
Operating	Other accrued liabilities	$	6,120	$	3,507
Finance	Current portion of finance lease obligations	—		59
Noncurrent
Operating	Non-current liabilities	16,883		7,872
Finance	Finance lease obligations	—		—
Total lease liabilities		$	23,003	$	11,438

Lease, Cost

Lease costs included in the Consolidated Statements of Operations consist of the following (in thousands):

	Classification	Twelve Months Ended December 31, 2022		Twelve Months Ended December 31, 2021
Operating lease cost	Cost of sales, selling expenses, and general and administrative expense	$	5,785	$	5,031
Finance lease cost
Amortization of ROU leased assets	Depreciation and amortization within Cost of sales	36		144
Interest on lease liabilities	Interest expense	1		55
Net lease cost		$	5,822	$	5,230

Remaining lease term and discount rates are as follows:

	December 31, 2022		December 31, 2021
Weighted average remaining lease term (years)
Operating leases	4.3		4.3
Finance leases	0.0		0.1
Weighted average discount rate
Operating leases	4.92	%	5.12	%
Finance leases	—	%	6.16	%

Lease costs included in the Consolidated Statements of Cash Flows are as follows (in thousands):

	Twelve Months Ended December 31, 2022		Twelve Months Ended December 31, 2021
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	5,844	$	4,847
Operating cash flows from finance leases	$	1	$	13
Financing cash flows from finance leases	$	59	$	319

Operating Lease, Liability, Maturity

Maturity of the Company’s lease liabilities for leases that have commenced is as follows (in thousands):

	Operating Leases		Finance Leases		Total
2023	$	7,096	$	—	$	7,096
2024	5,984		—		5,984
2025	4,920		—		4,920
2026	4,381		—		4,381
2027	2,346		—		2,346
Thereafter	793		—		793
Total lease payments	$	25,520	$	—	$	25,520
Less: interest	2,517		—
Present value of lease payments	$	23,003	$	—

Finance Lease, Liability, Maturity

Maturity of the Company’s lease liabilities for leases that have commenced is as follows (in thousands):

	Operating Leases		Finance Leases		Total
2023	$	7,096	$	—	$	7,096
2024	5,984		—		5,984
2025	4,920		—		4,920
2026	4,381		—		4,381
2027	2,346		—		2,346
Thereafter	793		—		793
Total lease payments	$	25,520	$	—	$	25,520
Less: interest	2,517		—
Present value of lease payments	$	23,003	$	—