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Leases (Tables)
12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Summary of Components of Lease Expenses

The components of lease expenses were as follows (in thousands): 

 

 

Year Ended December 31,

 

 

 

2021

 

 

2020

 

 

 

 

 

 

 

 

 

 

Operating lease expense

 

$

13,048

 

 

$

9,406

 

Variable lease expense

 

 

9,636

 

 

 

7,305

 

Total lease expense

 

$

22,684

 

 

$

16,711

 

Supplemental Cash Flow Information Related to Operating Leases

Supplemental cash flow information related to operating leases was as follows (in thousands): 

 

 

Year Ended December 31,

 

 

 

2021

 

 

2020

 

 

 

 

 

 

 

 

 

 

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

 

$

10,466

 

 

$

8,949

 

Right-of-use assets recognized in exchange for operating lease obligations

 

 

36,689

 

 

 

15,976

 

 

Supplemental Balance Sheet Information Related to Operating Leases

Supplemental balance sheet information related to operating leases was as follows (in thousands):

 

 

Year Ended December 31,

 

 

 

2021

 

 

2020

 

 

 

 

 

 

 

 

 

 

Right-of-use assets (included in other assets)

 

$

51,387

 

 

$

25,998

 

Lease incentive receivable (included in prepaid expenses and other current assets)

 

 

6,505

 

 

 

 

Operating lease liabilities (included in other liabilities and accrued expenses)

 

 

9,457

 

 

 

9,070

 

Operating lease liabilities, noncurrent (included in other liabilities, noncurrent)

 

 

51,153

 

 

 

17,571

 

 

 

 

 

 

 

 

 

 

Weighted-average remaining lease term (in years)

 

 

7.6

 

 

 

3.9

 

Weighted-average discount rate

 

 

3.8

%

 

 

3.9

%

Summary of Maturity of Operating Lease Liabilities

 

The following table summarizes the maturity of operating lease liabilities as of December 31, 2021 (in thousands):

 

 

 

Amounts

 

2022

 

$

10,164

 

2023

 

 

11,266

 

2024

 

 

9,959

 

2025

 

 

6,078

 

2026

 

 

5,988

 

Thereafter

 

 

29,413

 

Total future lease payments

 

 

72,868

 

Less: Imputed interest

 

 

(12,258

)

Present value of operating lease liabilities

 

$

60,610