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Leases (Tables)
6 Months Ended
Jun. 30, 2021
Leases [Abstract]  
Summary of Expected Future Payments Related to Lease Liabilities

The following table summarizes the expected future payments related to lease liabilities as of June 30, 2021:

 

(in thousands)

 

 

 

Remainder of 2021

 

$

5,014

 

2022

 

 

9,070

 

2023

 

 

7,455

 

2024

 

 

6,407

 

2025

 

 

6,096

 

2026 and thereafter

 

 

15,778

 

Total minimum payments

 

$

49,820

 

Less amounts representing interest

 

 

(10,849

)

Present value of minimum lease payments

 

 

38,971

 

Less current operating lease liabilities

 

 

(7,524

)

Long-term operating lease liabilities

 

$

31,447

 

Summary of Lease Payments and Supplemental Non-Cash Disclosures

The following table summarizes lease payments and supplemental non-cash disclosures:

 

 

Six-Month Period

Ended June 30,

(in thousands)

2021

2020

 

Operating cash flows from operating leases

$

5,329

$

6,371

Non-cash additions to operating lease assets

$

4,352

$

25

 

 

 

 

 

 

Summary of Components of Lease Expense

The following table summarizes the components of lease expense:

 

 

 

Three-Month Period

 

 

Three-Month Period

 

 

Six-Month Period

 

 

Six-Month Period

 

 

 

Ended June 30,

 

 

Ended June 30,

 

 

Ended June 30,

 

 

Ended June 30,

 

(in thousands)

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Operating lease cost

$

2,051

 

 

$

2,369

 

 

$

4,204

 

 

$

5,042

 

Variable lease cost

 

438

 

 

 

35

 

 

 

566

 

 

 

332

 

Short-term lease cost

 

330

 

 

 

216

 

 

 

769

 

 

 

434

 

 Total lease cost

$

2,819

 

 

$

2,620

 

 

$

5,539

 

 

$

5,808