Annual report pursuant to Section 13 and 15(d)

LEASES (Tables)

v3.22.4
LEASES (Tables)
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Summary of ROU Assets and Liabilities The following is a summary of the Company's ROU assets and liabilities at December 31:
(In thousands) 2022 2021
Operating Leases:
Operating Right-of-Use Assets, Gross $ 29,466  $ 30,318 
Less Accumulated Right-of-Use Asset Impairment 1,710  1,710 
Less Accumulated Amortization 14,728  12,439 
Operating Right-of-Use Assets, Net $ 13,028  $ 16,169 
Short-term Operating Lease Liabilities $ 4,441  $ 6,778 
Long-term Operating Lease Liabilities 9,942  12,018 
Operating Lease Liabilities $ 14,383  $ 18,796 
Finance Leases:
Finance Right-of-Use Assets, Gross $ 231  $ 177 
Less Accumulated Amortization 138  106 
Finance Right-of-Use Assets, Net — Included in Other Assets $ 93  $ 71 
Short-term Finance Lease Liabilities — Included in Other Accrued Expenses
$ 29  $ 72 
Long-term Finance Lease Liabilities — Included in Other Liabilities 67  — 
Finance Lease Liabilities $ 96  $ 72 
Summary of Lease Costs and Cash Paid
The following is a summary of the Company's total lease costs as of December 31:
(In thousands) 2022 2021
Finance Lease Cost:
Amortization of ROU Assets $ 94  $ 573 
Interest on Lease Liabilities 78 
Total Finance Lease Cost 98  651 
Operating Lease Cost 6,627  5,881 
Variable Lease Cost 1,757  1,546 
Short-term Lease Cost (excluding month-to-month) 602  271 
Less Sublease and Rental Income (1,329) (1,265)
Total Operating Lease Cost 7,657  6,433 
Total Net Lease Cost $ 7,755  $ 7,084 
The following is a summary of cash paid for amounts included in the measurement of lease liabilities as of December 31:
(In thousands) 2022 2021
Operating Cash Flow for Finance Leases $ $ 78 
Operating Cash Flow for Operating Leases $ 7,873  $ 6,711 
Financing Cash Flow for Finance Leases $ 93  $ 901 
Summary of Maturity of Lease Liabilities, Operating Leases The following is a summary of the Company's maturity of lease liabilities:
(In thousands) Operating Leases Financing Leases
2023 $ 4,876  $ 32 
2024 3,879  32 
2025 3,310  18 
2026 1,216  14 
2027 859 
Thereafter 1,298  — 
Total Lease Payments 15,438  102 
Less: Interest 1,055 
Total Lease Liability $ 14,383  $ 96 
Summary of Maturity of Lease Liabilities, Financing Leases The following is a summary of the Company's maturity of lease liabilities:
(In thousands) Operating Leases Financing Leases
2023 $ 4,876  $ 32 
2024 3,879  32 
2025 3,310  18 
2026 1,216  14 
2027 859 
Thereafter 1,298  — 
Total Lease Payments 15,438  102 
Less: Interest 1,055 
Total Lease Liability $ 14,383  $ 96