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Leases (Tables)
3 Months Ended
Mar. 31, 2021
Leases [Abstract]  
Schedule of Components of Lease Expense The components of lease expense are as follows (in thousands):

 

 

 

Three Months Ended

 

 

 

 

March 31,

 

 

 

 

2021

 

 

2020

 

 

Operating lease expense

 

$

4,349

 

 

$

4,340

 

 

Short-term lease expense

 

 

371

 

 

 

462

 

 

Variable lease expense

 

 

432

 

 

 

423

 

 

Total lease expense

 

$

5,152

 

 

$

5,225

 

 

 

 

 

 

 

 

 

 

 

 

Other information

 

 

 

 

 

 

 

 

 

Cash paid for amounts included in the measurement of lease liabilities:

Operating cash flows from operating leases

 

$

3,919

 

 

$

4,336

 

 

Right-of-use assets obtained in exchange for new lease obligations:

 

 

 

 

 

 

 

 

 

Operating leases

 

$

1,881

 

 

$

3,073

 

 

Weighted-average remaining lease term- operating leases

 

8.32 years

 

 

8.79 years

 

 

Weighted-average discount rate - operating leases

 

 

4.59

%

 

 

4.99

%

 

 

Schedule of Undiscounted Cash Flows for Non-cancellable Leases

Scheduled undiscounted lease payments for non-cancellable leases consist of the following (in thousands):

 

 

March 31,

2021

 

Remainder of 2021

$

11,309

 

2022

 

13,537

 

2023

 

11,413

 

2024

 

9,151

 

2025

 

8,071

 

Thereafter

 

33,196

 

Total undiscounted lease payments

 

86,677

 

Less:  Imputed interest

 

(15,685

)

Total operating lease liabilities

$

70,992