Leases

12 Months Ended

Dec. 31, 2020

Leases [Abstract]

Leases

Leases

The components of our operating lease expense were as follows for the periods presented (in thousands):

	Year Ended December 31,
	2020		2019
Operating lease cost	$	40,292	$	35,837
Variable lease cost	10,323		11,231
Total lease cost	$	50,615	$	47,068

Sublease income and total lease cost associated with short-term leases were immaterial for the years ended December 31, 2020 and 2019. Operating lease expense for the year ended December 31, 2018 was $23.7 million.

Other information related to operating leases was as follows for the periods presented (in thousands, except for years and percentages):

	Year Ended December 31,
	2020			2019
Cash paid for amounts included in the measurement of operating lease liabilities, net of lease incentives of $18,626 and $0 for the years ended December 31, 2020 and 2019, respectively	$	17,676		$	31,816
Right of use assets obtained in exchange for new operating lease obligations	$	145		$	128,354
Weighted average remaining lease term for operating leases	8.00 years			8.50 years
Weighted average discount rate for operating leases	6.5		%	6.5		%

The following table presents the scheduled maturities of our operating lease liabilities by fiscal year as of December 31, 2020 (in thousands):

2021	$	43,277
2022	40,842
2023	41,043
2024	36,092
2025	28,908
Thereafter	114,529
Total lease payments	304,691
Less: Imputed interest	(68,658)
Present value of lease liabilities	$	236,033