XML 39 R29.htm IDEA: XBRL DOCUMENT v3.22.2
Leases (Tables)
6 Months Ended
Jun. 30, 2022
Leases [Abstract]  
Summary of Lease Cost

The Company’s lease cost is recognized on a straight-line basis over the lease term. Lease cost consists of the following:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30, 2022

 

 

June 30, 2021

 

 

June 30, 2022

 

 

June 30, 2021

 

Operating lease cost

 

$

9,436

 

 

$

8,654

 

 

$

18,938

 

 

$

17,447

 

Short-term lease cost

 

 

144

 

 

 

105

 

 

 

277

 

 

 

236

 

Variable lease cost

 

 

27

 

 

 

9

 

 

 

47

 

 

 

19

 

Sublease income

 

 

(28

)

 

 

 

 

 

(38

)

 

 

 

Total lease cost

 

$

9,579

 

 

$

8,768

 

 

$

19,224

 

 

$

17,702

 

Summary of Future Minimum Lease Payments Under Non-Cancellable Leases

 

Future minimum lease payments under non-cancellable leases as of June 30, 2022 were as follows:

 

June 30, 2023

 

$

28,496

 

June 30, 2024

 

 

22,070

 

June 30, 2025

 

 

22,521

 

June 30, 2026

 

 

21,639

 

June 30, 2027

 

 

18,864

 

Thereafter

 

 

148,714

 

Total future minimum lease payments

 

 

262,304

 

Less:  Interest

 

 

(50,067

)

Total lease liabilities

 

$

212,237

 

 

 

 

 

 

Operating lease liabilities - current

 

$

26,267

 

Operating lease liabilities - non-current

 

 

185,970

 

Total lease liabilities

 

$

212,237

 

Summary of Other Information Related to Operating Leases

 

Other information related to operating leases is as follows:

 

 

 

June 30, 2022

 

 

June 30, 2021

 

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

 

 

 

 

 

Operating cash outflows for operating leases

 

$

19,983

 

 

$

9,102

 

Right-of-use assets obtained in exchange for operating lease liabilities

 

$

4,885

 

 

$

772

 

Weighted-average remaining lease term

 

 

 

 

 

 

 

 

Operating leases

 

 

11.7

 

 

 

5.8

 

Weighted-average discount rate

 

 

 

 

 

 

 

 

Operating leases

 

 

3.2

%

 

 

3.3

%