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Leases
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Leases

Note 10. Leases

The following table presents the components of lease expense in our consolidated statements of operations for the periods presented (in thousands):

 

 

Year Ended December 31,

 

 

2022

 

 

2021

 

 

2020

 

Operating lease costs(a)

 

 

 

 

 

 

 

 

Single lease costs

$

4,299

 

 

$

4,154

 

 

$

4,121

 

Variable lease costs

 

2,159

 

 

 

1,910

 

 

 

1,738

 

Sublease income(b)

 

(1,976

)

 

 

(1,900

)

 

 

(1,902

)

Total operating lease costs

$

4,482

 

 

$

4,164

 

 

$

3,957

 

(a) Includes short-term lease costs, which are immaterial.

 

(b) Sublease income is related to unused office space that we sublet as part of the fiscal 2018 restructuring where we continue to have the primary obligations.

 

 

The following table presents supplemental cash flow information related to operating leases for the periods presented (in thousands):

 

Year Ended December 31,

 

 

2022

 

 

2021

 

 

2020

 

Cash paid for amounts included in the measurement of lease liabilities

 

 

 

 

 

 

 

 

Operating cash flows used

$

5,097

 

 

$

4,895

 

 

 

4755

 

Lease liabilities arising from remeasurement of right-of-use assets

 

 

 

 

 

 

 

 

Operating leases

$

 

 

$

698

 

 

$

 

Lease liabilities arising from obtaining ROU assets

 

 

 

 

 

 

 

 

Operating leases

$

2,237

 

 

$

 

 

$

 

 

The following table presents weighted-average remaining lease term and weighted-average discount rate related to operating leases as of:

 

2022

 

 

2021

 

Weighted-average remaining lease term (years)

 

4.3

 

 

 

4.4

 

Weighted-average discount rate

 

6.9

%

 

 

6.7

%

 

 

The following table presents future lease payments under operating leases as of December 31, 2022 (in thousands):

 

 

Operating Leases

 

 

 

Lease Payments

 

 

Sublease Income

 

 

Net

 

2023

 

$

4,059

 

 

$

(123

)

 

$

3,936

 

2024

 

 

3,853

 

 

 

 

 

 

3,853

 

2025

 

 

3,919

 

 

 

 

 

 

3,919

 

2026

 

 

4,019

 

 

 

 

 

 

4,019

 

2027

 

 

623

 

 

 

 

 

 

623

 

Thereafter

 

 

1,191

 

 

 

 

 

 

1,191

 

Total lease payments

 

$

17,664

 

 

$

(123

)

 

$

17,541

 

Less: Imputed interest

 

 

(3,476

)

 

 

 

 

 

 

Present value of lease liabilities

 

 

14,188

 

 

 

 

 

 

 

Less: Current portion of lease liabilities

 

 

3,122

 

 

 

 

 

 

 

Lease liabilities, net of current portion

 

$

11,066