Leases

9 Months Ended

Sep. 30, 2020

The Company primarily leases facilities for office and datacenter space under non-cancelable operating leases for its U.S. and international locations. As of September 30, 2020, non-cancellable leases expire on various dates between 2020 and 2029.

The components of leases are as follows (in thousands):


Operating leases	September 30, 2020		December 31, 2019
Operating lease right-of-use assets	$	50,414	$	39,269

Accrued liabilities	$	16,407	$	14,249
Operating lease liabilities	37,973		28,516
Total operating lease liabilities	$	54,380	$	42,765


	Nine Months Ended September 30,
Supplemental Cash Flow Information	2020		2019
Operating cash flows resulting from operating leases:
Cash paid for amounts included in the measurement of lease liabilities	$	12,713	$	11,680

New ROU assets obtained in exchange of lease liabilities:
Operating leases	$	22,509	$	17,388

On August 6, 2020, the Company entered into a second amendment to its headquarters lease agreement (the “Lease Amendment”). The premises leased occupy approximately 84,148 rentable square feet of office building space, consisting of three office floors, located at 20 Davis Drive in Belmont, California. The Lease Amendment extends the Company’s right to occupy the premises commencing on August 1, 2021 and terminates on July 31, 2026, unless earlier terminated pursuant to the terms of the Lease Amendment. The Company has the right to extend the term for one additional five-year period under certain circumstances. The monthly base rent for the first year of the extended lease term is approximately $0.3 million and increases annually thereafter by three percent for the balance of the extended term.