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Leases (Tables)
12 Months Ended
Dec. 31, 2020
Leases [Abstract]  
Summary of Components of Lease Expense

The components of lease expense were as follows (in thousands):

 

 

 

 

 

 

2020

 

 

2019

 

Operating lease expense

 

$

26,360

 

 

$

24,670

 

Variable lease expense

 

 

4,518

 

 

 

4,647

 

Short-term lease expense

 

 

625

 

 

 

583

 

Sublease income

 

 

(2,066

)

 

 

(1,710

)

Total net lease expense

 

$

29,437

 

 

$

28,190

 

Summary of Other Information Related to Operating Leases

Other information related to leases was as follows (in thousands, except term and discount rate):

 

 

 

 

 

 

2020

 

 

2019

 

Supplemental Cash Flows Information:

 

 

 

 

 

 

 

 

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

 

$

21,130

 

 

$

24,006

 

Right-of-use assets obtained in exchange for new operating lease liabilities

 

 

37,987

 

 

 

33,782

 

Weighted-average remaining lease term - operating leases

 

69 months

 

 

59 months

 

Weighted-average discount rate - operating leases

 

 

3.62

%

 

 

4.32

%

Summary of Future Minimum Lease Payments Under Non-cancellable Operating Leases

Future minimum lease payments under non-cancelable leases as of December 31, 2020 were as follows (in thousands):

 

2021

 

$

26,013

 

2022

 

 

25,037

 

2023

 

 

23,022

 

2024

 

 

21,827

 

2025

 

 

16,028

 

Thereafter

 

 

19,292

 

Total future minimum lease payments (1)

 

 

131,219

 

Less:  Interest (2)

 

 

(12,642

)

Total

 

$

118,577

 

 

 

 

 

 

Current operating lease liabilities

 

$

22,651

 

Non-current operating lease liabilities

 

 

95,926

 

Total

 

$

118,577