Leases (Tables)

12 Months Ended

Dec. 31, 2021

The following table presents components of lease expense:


		Years Ended December 31,
	Financial Statement Line Item	2021		2020		2019
Finance lease cost:
Amortization of right-of-use assets	Depreciation and amortization	$	1,451	$	1,272	$	1,229
Interest expense	Interest expense	213		192		226
Operating lease cost	Cost of sales and selling, general, and administrative expense	8,014		8,396		9,108
Short-term lease cost (1)	Cost of sales and selling, general, and administrative expense	655		591		479
Variable lease cost (2)	Cost of sales and selling, general, and administrative expense	1		1		1
Total lease cost		$	10,334	$	10,452	$	11,043

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(1) Excludes expenses related to leases with a lease term of one month or less.

(2) Represents changes to index-based lease payments.

The following table contains supplemental cash flow information related to leases of continuing operations.


	Years Ended December 31,
	2021		2020		2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows used in finance leases	$	213	$	192	$	226
Operating cash flows used in operating leases	13,434		13,498		14,090
Financing cash flows used in finance leases	4,836		2,018		3,156
Right-of-use assets obtained in exchange for new finance lease liabilities	$	2,814	$	728	$	5,250
Right-of-use assets obtained in exchange for new operating lease liabilities (1)	—		8,682		8,457

_______________________________

(1) Includes new leases, renewals, and modifications.

As of December 31, 2021, the weighted average remaining lease term and weighted-average discount rate for finance and operating leases of continuing operations were as follows:


	Years Ended December 31,
	2021		2020		2019
Weighted-average remaining lease term - finance leases	3.3 years		3.2 years		4.0 years
Weighted-average remaining lease term - operating leases	11.1 years		11.7 years		11.0 years
Weighted-average discount rate - finance leases	3.0	%	2.2	%	2.2	%
Weighted-average discount rate - operating leases	7.0	%	7.0	%	5.7	%

Assets And Liabilities, Lessee

The following table presents lease-related assets and liabilities recorded on the balance sheet.


		As of December 31,
	Financial Statement Line Item	2021		2020
Assets:
Operating lease assets	Operating lease right-of-use assets	$	46,443	$	50,264
Finance lease assets	Property, plant and equipment, net	13,641		14,644
Total lease assets		$	60,084	$	64,908

Liabilities:
Current liabilities:
Operating lease liabilities	Current portion of operating lease liabilities	$	5,704	$	4,797
Finance lease liabilities	Other current liabilities	3,111		4,252
Non-current liabilities:
Operating lease liabilities	Operating lease liabilities, net of current portion	51,295		55,053
Finance lease liabilities	Other non-current liabilities	5,446		6,858
Total lease liabilities		$	65,556	$	70,960

Lessee, Operating Lease, Liability, Maturity

The maturities of lease liabilities as of December 31, 2021, is as follows:


	Operating Leases		Finance Leases
2022	$	9,384	$	3,330
2023	7,396		2,675
2024	7,300		1,517
2025	7,218		666
2026	7,144		595
Thereafter	42,964		281
Total future minimum lease payments	81,406		9,064
Less: imputed interest	24,407		507
Total lease liabilities	$	56,999	$	8,557

Finance Lease, Liability, Maturity

The maturities of lease liabilities as of December 31, 2021, is as follows:


	Operating Leases		Finance Leases
2022	$	9,384	$	3,330
2023	7,396		2,675
2024	7,300		1,517
2025	7,218		666
2026	7,144		595
Thereafter	42,964		281
Total future minimum lease payments	81,406		9,064
Less: imputed interest	24,407		507
Total lease liabilities	$	56,999	$	8,557