Leases (Tables)

12 Months Ended

Dec. 31, 2021

Leases [Abstract]

Schedule of Lease Cost

The Company's lease costs were as follows:

	Year Ended December 31,
(in thousands)	2021		2020
Operating lease cost	$	9,499	$	9,700
Short-term lease cost	325		280
Sublease income	(134)		—
Total lease cost	$	9,690	$	9,980

Schedule of Operating Lease Assets and Liabilities

Leases recorded on the consolidated balance sheet consist of the following:

	December 31,
(in thousands)	2021		2020
Assets:
Operating lease right-of-use assets	$	34,183	$	17,688
Liabilities:
Current operating lease liabilities	$	11,998	$	10,603
Long-term operating lease liabilities	35,492		12,739
Total lease liabilities	$	47,490	$	23,342

Schedule of Operating Leases, Other Information

Other information related to the Company's lease arrangements is as follows:

	Year Ended December 31,
(in thousands)	2021			2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	11,528		$	11,926
ROU assets obtained in exchange for lease liabilities in non-cash transactions:
Operating lease assets obtained in exchange for operating lease liabilities	$	25,852		$	2,364
Weighted-average remaining lease term	7.66 years			2.24 years
Weighted-average discount rate(1)	2.79		%	3.55		%

(1) Discount rates used for existing operating leases upon adoption of Topic 842 were established based on remaining lease term as of January 1, 2019.

Schedule of Operating Lease Maturities

Maturities of lease liabilities as of December 31, 2021 are as follows:

(in thousands)
2022	$	13,119
2023	7,435
2024	3,878
2025	3,855
2026	3,788
Thereafter	20,443
Total minimum lease payments	$	52,518
Less imputed interest	5,028
Present value of minimum lease payments	$	47,490