Leases (Tables)

6 Months Ended

Jun. 30, 2021

Leases [Abstract]

Summary of Components of Lease Cost Recognized

The components of lease cost recognized within the Company’s condensed consolidated statements of operations were as follows (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2021		2020		2021		2020
Operating lease cost(1)	$	4,764	$	4,110	$	9,520	$	8,070
Short-term lease cost	662		997		1,454		1,896

1)Includes non-cash lease expense of $4.1 million and $3.4 million for the three months ended June 30, 2021 and 2020, respectively, and $8.1 million and $6.6 million for the six months ended June 30, 2021 and 2020, respectively.

Summary of Supplemental Cash Flow Information and Non-cash Activity

Supplemental cash flow information and non-cash activity related to the Company’s operating leases are as follows (in thousands):

	Six Months Ended June 30,
	2021		2020
Cash paid for amounts included in measurement of lease liabilities	$	9,603	$	6,310
Operating lease assets obtained in exchange for new lease liabilities	—		11,581

Summary of Maturities of Lease Liabilities

Maturities of lease liabilities by fiscal year for the Company’s operating leases are as follows (in thousands):

	Amount
Remainder of 2021	$	9,309
2022	20,099
2023	17,987
2024	2,572
2025	2,766
2026 and beyond	12,746
Total lease payments	$	65,479
Less: imputed interest	(6,405)
Present value of lease liabilities	$	59,074

Summary of Weighted Average Remaining Lease Term and Discount Rate

Weighted average remaining lease term and discount rate for the Company’s operating leases are as follows:

	June 30, 2021
Weighted-average remaining lease term (years)	4.1
Weighted-average discount rate	4.69	%