|12 Months Ended|
Dec. 31, 2021
|Leases||NOTE 18. LEASES The Company has entered into leases for certain facilities, vehicles and other equipment. Our leases have remaining contractual terms of up to nine years, some of which include options to extend the leases for up to five years. Our lease costs are primarily related to facility leases for inventory warehousing, administration offices and vehicles. The Company’s finance leases are immaterial. Lease ROU assets and liabilities as of December 31, 2021 and 2020, were as follows: Balance Sheet Classification December 31, 2021 December 31, 2020 Assets Lease ROU assets Other long-term assets $ 17,637 $ 5,334 Liabilities Current lease liabilities Accrued liabilities $ 2,824 $ 973Noncurrent lease liabilities Other long-term liabilities $ 15,111 $ 4,414 Lease costs were as follows: Affected line item in the Consolidated Year Ended Statements of Comprehensive Income December 31, 2021 December 31, 2020Lease costs Cost of goods sold, Selling, general and administrative $ 2,611 $ 940Variable lease costs Cost of goods sold, Selling, general and administrative 642 194Short-term lease costs Cost of goods sold, Selling, general and administrative 183 189 $ 3,436 $ 1,323 The maturity of lease liabilities as of December 31, 2021 are as follows: Years Ending December 31,Lease Payments2022$ 3,3192023 3,1032024 3,0172025 3,0912026 2,288Thereafter 5,078Total future lease payments 19,896Less: amount representing interest (1,961)Present value of future lease payments 17,935Less: current lease obligations (2,824)Long-term lease obligations$ 15,111 As of December 31, 2021, our leases have a weighted-average remaining lease term of 6.59 years and a weighted-average discount rate of 2.81%.|
The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability.
Reference 1: http://www.xbrl.org/2003/role/disclosureRef