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Leases (Tables)
6 Months Ended
Jun. 30, 2020
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, 2020:

 

(in thousands)

 

 

 

Remainder of 2020

 

$

 

5,434

 

2021

 

 

 

8,720

 

2022

 

 

 

7,436

 

2023

 

 

 

5,874

 

2024

 

 

 

4,946

 

2025 and thereafter

 

 

 

20,094

 

Total minimum payments

 

$

 

52,504

 

Less amounts representing interest

 

 

 

(11,890

)

Present value of minimum lease payments

 

 

 

40,614

 

Less current operating lease liabilities

 

 

 

(7,830

)

Long-term operating lease liabilities

 

$

 

32,784

 

 

Summary of Lease Payments and Supplemental Non-Cash Disclosures

The following table summarizes lease payments and supplemental non-cash disclosures for the six-month period ended June 30, 2020:

 

(in thousands)

 

Six-Month

Period Ended

June 30,

2020

 

Cash paid for amounts included in lease liabilities:

 

 

 

 

 

 

 

 

 

Operating cash flows from operating leases

 

$

6,371

 

Non-cash additions to operating lease assets

 

$

25

 

Summary of Components of Lease Expense

The following table summarizes the components of lease expense for the three- and six-months periods ended June 30, 2020:

 

 

 

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)

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Operating lease cost

 

$

2,369

 

 

$

2,560

 

 

$

5,042

 

 

$

4,957

 

Variable lease cost

 

 

35

 

 

 

369

 

 

 

332

 

 

 

790

 

Short-term lease cost

 

 

216

 

 

182

 

 

434

 

 

289

 

Total lease cost

 

$

2,620

 

 

$

3,111

 

 

$

5,808

 

 

$

6,036