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Leases (Tables)
9 Months Ended
Sep. 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 September 30, 2021:

 

(in thousands)

 

 

 

Remainder of 2021

 

$

2,489

 

2022

 

 

9,091

 

2023

 

 

7,475

 

2024

 

 

6,429

 

2025

 

 

6,121

 

2026 and thereafter

 

 

15,813

 

Total minimum payments

 

$

47,418

 

Less amounts representing interest

 

 

(10,214

)

Present value of minimum lease payments

 

 

37,204

 

Less current operating lease liabilities

 

 

(7,353

)

Long-term operating lease liabilities

 

$

29,851

 

Summary of Lease Payments and Supplemental Non-Cash Disclosures

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

 

 

 

Nine-Month Period

Ended September 30,

(in thousands)

 

2021

 

 

2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating cash flows from operating leases

 

$

7,673

 

 

$

9,210

Non-cash additions to operating lease assets

 

$

4,543

 

 

$

1,245

Summary of Components of Lease Expense

The following table summarizes the components of lease expense:

 

 

 

Three-Month Period

 

 

Three-Month Period

 

 

Nine-Month Period

 

 

Nine-Month Period

 

 

 

Ended September 30,

 

 

Ended September 30,

 

 

Ended September 30,

 

 

Ended September 30,

 

(in thousands)

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Operating lease cost

 

$

2,039

 

 

$

2,396

 

 

$

6,243

 

 

$

7,438

 

Variable lease cost

 

 

372

 

 

 

181

 

 

 

938

 

 

 

513

 

Short-term lease cost

 

 

346

 

 

 

192

 

 

 

1,115

 

 

 

626

 

 Total lease cost

 

$

2,757

 

 

$

2,769

 

 

$

8,296

 

 

$

8,577