Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.22.2.2
Leases (Tables)
 9 Months Ended
Sep. 30, 2022
Leases [Abstract]  
Schedule of Components of Lease Expense The components of lease expense related to leases for the period are as follows:
Three Months Ended
September 30,		 Nine Months Ended
September 30,
  2022 2021 2022 2021
(In thousands)
Lease Cost:
  
Operating lease expense
 $ 222  $ 784  $ 2,050  $ 2,168 
Short-term lease expense
 $ 1,302  $ 719  $ 2,594  $ 2,447 
Finance lease cost:
Amortization of right-of-use assets
 $ 69  $ 64  $ 232  $ 192 
Interest on lease obligations
 6  6  20  19 
Total finance lease cost
 75  70  252  211 
Total lease cost
 $ 1,599  $ 1,573  $ 4,896  $ 4,826 
The components of supplemental cash flow information related to leases for the period are as follows:
  Nine Months Ended September 30,
  2022 2021
(In thousands)
Cash flow information:
    
Cash paid for amounts included in the measurement of lease obligations for the period ended:
    
Operating cash flows for operating leases
 $ 2,011  $ 2,018 
Operating cash flows for finance leases
 $ 20  $ 19 
Financing cash flows for finance leases
 $ 227  $ 187 
 
Non-cash activity:
Right-of-use assets obtained in exchange for lease obligations:
Operating leases
 $ 549  $ 1,632 
Finance leases
 $ 528  $ — 
Termination of right-of-use asset, net
 $ 1,300  $ — 
 
Other information:
Weighted average remaining lease term:
Operating leases (in years)
 8 8
Finance leases (in years)
 2 1
 
Weighted average discount rates:
Operating leases
 11.6  % 11.0  %
Finance leases
 5.4  % 5.4  %
Schedule of Supplemental Balance Sheet Information
The supplemental condensed consolidated balance sheet information related to leases for the period is as follows:
  As of
  September 30,
2022		 December 31,
2021
(In thousands)
Finance leases
    
Long-term right-of-use assets
 $ 564  $ 252 
 
Short-term finance lease liabilities
 $ 288  $ 258 
Long-term finance lease liabilities
 302  79 
Total finance lease liabilities
 $ 590  $ 337 
 
Operating leases
Long-term right-of-use assets
 $ 12,748  $ 14,433 
 
Short-term operating lease liabilities
 $ 1,167  $ 1,384 
Long-term operating lease liabilities
 12,498  13,999 
Total operating lease liabilities
 $ 13,665  $ 15,383 
Schedule of Maturities of Operating Lease Liabilities Future minimum lease payments under non-cancelable operating leases (with initial or remaining lease terms in excess of one year) and future minimum capital lease payments as of September 30, 2022 are as follows:
Operating
Leases		 Finance
Leases
(In thousands)
2022 $ 670  $ 89 
2023 2,745  270 
2024 2,792  206 
2025 2,308  78 
2026 2,766  — 
Thereafter
 9,803  — 
Total payments
 $ 21,084  $ 643 
Less:
Imputed interest/present value discount
 (7,419) (53)
Present value of lease liabilities
 $ 13,665  $ 590 
Schedule of Maturities of Finance Lease Liabilities Future minimum lease payments under non-cancelable operating leases (with initial or remaining lease terms in excess of one year) and future minimum capital lease payments as of September 30, 2022 are as follows:
Operating
Leases		 Finance
Leases
(In thousands)
2022 $ 670  $ 89 
2023 2,745  270 
2024 2,792  206 
2025 2,308  78 
2026 2,766  — 
Thereafter
 9,803  — 
Total payments
 $ 21,084  $ 643 
Less:
Imputed interest/present value discount
 (7,419) (53)
Present value of lease liabilities
 $ 13,665  $ 590