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Leases (Tables)
6 Months Ended
Jun. 30, 2022
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, 2022:

 

(in thousands)

 

 

 

Remainder of 2022

 

$

4,272

 

2023

 

 

6,205

 

2024

 

 

5,045

 

2025

 

 

4,600

 

2026

 

 

3,015

 

2027 and thereafter

 

 

11,510

 

Total minimum payments

 

$

34,647

 

Less amounts representing interest

 

 

(7,748

)

Present value of minimum lease payments

 

 

26,899

 

Less current operating lease liabilities

 

 

(6,097

)

Long-term operating lease liabilities

 

$

20,802

 

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)

 

2022

 

 

2021

Cash paid for amounts included in lease liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating cash flows from operating leases

 

$

5,146

 

 

$

5,329

Non-cash additions to operating lease assets

 

$

2,998

 

 

$

4,352

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)

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Operating lease cost

 

$

2,208

 

 

$

2,051

 

 

$

4,373

 

 

$

4,204

 

Variable lease cost

 

 

274

 

 

 

438

 

 

 

592

 

 

 

566

 

Short-term lease cost

 

 

591

 

 

 

330

 

 

 

1,006

 

 

 

769

 

Total lease cost

 

$

3,073

 

 

$

2,819

 

 

$

5,971

 

 

$

5,539