XML 46 R30.htm IDEA: XBRL DOCUMENT v3.22.0.1
Right-of-Use Asset and Lease Liabilities (Tables)
12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Schedule of Future Minimum Lease Receipts for Operating Lease Future minimum sub-lease receipts required under the non-cancellable lease are as follows:
As of December 31,
2021
(In thousands)
2022$249 
Components of Lease Expense and Supplemental Cash Flow and Other Information The components of lease expense recorded in general and administrative expenses in the consolidated statement of operations were as follows:
Year ended December 31,
201920202021
(In thousands)
Operating lease cost$5,548 $5,949 $6,818 
Finance lease cost:
Depreciation of assets— 20 218 
Interest on lease liabilities— 18 
Sublease income (1)(643)(384)(384)
Total net lease cost$4,905 $5,587 $6,670 
________________________
(1) See Note 16, “Related Parties” to these consolidated financial statements, for additional details on sublease income.
Supplemental cash flow and other information related to leases was as follows:
Year ended December 31,
201920202021
(In thousands)
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases$3,357 $5,301 $6,227 
Financing cash flows from finance leases— 28 212 
$3,357 $5,329 $6,439 
Weighted average remaining lease term (in years)
Operating leases4.353.792.95
Finance leases— 2.992.44
Weighted average discount rate
Operating leases4.98 %4.81 %4.78 %
Finance leases— %4.00 %3.91 %
Schedule of Supplemental Balance Sheet Lease Information
Supplemental balance sheet information related to leases was as follows:
As of December 31,
LeasesClassification20202021
(In thousands)
Assets:
Operating lease assetsOperating right-of-use asset, net (1)$19,491 $14,061 
Finance lease assetsProperty, plant and equipment, net (2)464 373 
Total leased assets$19,955 $14,434 
Liabilities:
Current
OperatingOperating lease liability, current$5,515 $5,807 
FinanceAccrued expenses and other current liabilities183 177 
Non-current
OperatingOperating lease liability, net of current portion17,202 10,958 
FinanceOther liabilities282 202 
Total lease liabilities$23,182 $17,144 
________________________
(1) Operating lease assets are recorded net of accumulated amortization of $9.1 million and $14.8 million as of December 31, 2020 and December 31, 2021, respectively.
(2) Finance lease assets are recorded net of accumulated depreciation of $0.0 million and $0.2 million as of December 31, 2020 and December 31, 2021, respectively.
Schedule of Maturities of Operating Lease Liabilities
Maturities of lease liabilities were as follows:
As of December 31, 2021
Operating LeasesFinance Leases
(In thousands)
2022$6,422 $191 
20236,601 121 
20242,649 75 
20251,623 10 
2026692 — 
Total lease payments17,987 397 
Less: imputed interest(1,222)(18)
Total lease obligations16,765 379 
Less: current obligations(5,807)(177)
Long-term lease obligations$10,958 $202 
Schedule of Maturities of Finance Lease Liabilities
Maturities of lease liabilities were as follows:
As of December 31, 2021
Operating LeasesFinance Leases
(In thousands)
2022$6,422 $191 
20236,601 121 
20242,649 75 
20251,623 10 
2026692 — 
Total lease payments17,987 397 
Less: imputed interest(1,222)(18)
Total lease obligations16,765 379 
Less: current obligations(5,807)(177)
Long-term lease obligations$10,958 $202