Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Leases

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Leases
12 Months Ended
Dec. 31, 2023
Disclosure Text Block [Abstract]  
Leases
Note 16. Leases
The Company’s operating lease expenses are recognized on a straight-line basis. Operating lease cost for the years ended December 31, 2023, 2022 and 2021, were as follows:
December 31,
2023 2022 2021
(U.S. $ in thousands)
Operating lease cost:
Fixed payments and variable payments that depend on an index or rate $10,090 $8,951 $10,196
Total operating lease cost 10,090 $8,951 $10,196
Cash flow and other information related to operating leases were as follows:
December 31,
2023 2022 2021
(U.S. $ in thousands)
Cash paid for amounts included in the measurement of lease liabilities $8,885 $8,372 $9,829
Right-of-use assets obtained in exchange for new operating lease liabilities $7,142 $12,057 $5,955
December 31,
2023 2022 2021
(U.S. $ in thousands)
Weighted-average remaining lease term — operating leases 4.73 years 4.11 years 2.59 years
Weighted-average discount rate — operating leases 4.47  % 4.17  % 4.58  %

Maturities of operating lease liabilities were as follows:
December 31,
2023
(U.S. $ in thousands)
2024 $ 6,554 
2025 4,035 
2026 2,628 
2027 2,109 
2028 / and thereafter 5,229 
Total operating lease payments 20,555 
Less: imputed interest (1,895)
Present value of lease liabilities $ 18,660