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Leases (Tables)
9 Months Ended
Sep. 30, 2024
Leases [Abstract]  
Lessee, Assets And Liabilities
Right-of-use assets and lease liabilities consist of the following at September 30, 2024 and December 31, 2023:
As of September 30,
2024
As of December 31,
2023
Assets
Operating lease right-of-use assets, net$45,694 $43,349 
Finance lease right-of-use assets, net (included in property and equipment, net)5,053 5,794 
Total right-of-use assets$50,747 $49,143 
Liabilities
Current
Current portion of operating lease liabilities$7,308 $6,692 
Current portion of finance lease liabilities (included in accrued other)1,271 1,189 
Long-term8,579 7,881 
Long-term operating lease liabilities43,681 39,803 
Long-term finance lease liabilities (included in other long-term liabilities)3,684 4,548 
Total lease liabilities$55,944 $52,232 
Lease, Cost
The components of lease costs recognized in the condensed consolidated statements of operations and comprehensive (income) loss consist of the following for the three and nine month periods ended September 30, 2024 and 2023 and are included in selling, general, and administrative expenses unless otherwise noted:
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Operating lease costs$3,122 $2,820 $8,895 $8,361 
Finance lease costs
Amortization of finance lease right-of-use assets289 122 860 354
Interest on finance lease liabilities (included in interest expense)80 35 250 79
Variable lease costs729 560 1,958 1,742
Total lease costs$4,220 $3,537 $11,963 $10,536 
The cash paid for amounts included in the measurement of lease liabilities for the nine months ended September 30, 2024 and 2023 is as follows:
Nine Months Ended
September 30,
20242023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$6,534 $7,678 
Operating cash flows from finance leases250 79 
Financing cash flows from finance leases901 387 
ROU assets obtained in exchange for new operating lease liabilities10,265 9,862 
ROU assets obtained in exchange for new finance lease liabilities120 1,103 
Lessee, Operating Lease, Liability, to be Paid, Maturity
The following table reconciles the undiscounted cash flows expected to be paid in each of the next five years and thereafter recorded in the condensed consolidated balance sheets for operating and finance leases as of September 30, 2024:
Operating
Leases
Finance
Leases
2024 (remainder of year after September 30, 2024)$1,662 $386 
202511,686 1,523 
202611,320 1,285 
202710,109 1,220 
20287,820 948 
Thereafter23,288 262 
Total lease payments65,885 5,624 
Less: amount representing interest(14,896)(669)
Present value of lease liabilities50,989 4,955 
Less: current portion of lease liabilities(7,308)(1,271)
Long-term lease liabilities, net of current portion$43,681 $3,684 
Finance Lease, Liability, to be Paid, Maturity
The following table reconciles the undiscounted cash flows expected to be paid in each of the next five years and thereafter recorded in the condensed consolidated balance sheets for operating and finance leases as of September 30, 2024:
Operating
Leases
Finance
Leases
2024 (remainder of year after September 30, 2024)$1,662 $386 
202511,686 1,523 
202611,320 1,285 
202710,109 1,220 
20287,820 948 
Thereafter23,288 262 
Total lease payments65,885 5,624 
Less: amount representing interest(14,896)(669)
Present value of lease liabilities50,989 4,955 
Less: current portion of lease liabilities(7,308)(1,271)
Long-term lease liabilities, net of current portion$43,681 $3,684