Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.21.2
Leases (Tables)
9 Months Ended
Sep. 30, 2021
Leases [Abstract]  
Schedule of Future Minimum Lease Payments under Topic 842
As of September 30, 2021, the maturities of the Company’s operating lease liabilities and a reconciliation to the present value of lease liabilities were as follows (in thousands):
Remaining Lease Payments
Remainder of 2021 $ 1,859 
2022 10,315 
2023 9,910 
2024 9,984 
2025 6,558 
Thereafter 64,802 
Total remaining lease payments 103,428 
Less: imputed interest (24,104)
Total operating lease liabilities 79,324 
Less: current portion (6,988)
Long-term operating lease liabilities $ 72,336 
Weighted-average remaining lease term (in years) 13.03
Weighted-average discount rate 4.0  %
Supplemental Operating Lease Information The following summarizes additional supplemental data related to operating leases (in thousands):
Three Months Ended September 30, Nine Months Ended September 30,
2021 2020 2021 2020
Operating lease costs $ 3,211  $ 1,747  $ 7,888  $ 6,024 
Nine Months Ended September 30,
2021 2020
Right-of-use assets obtained in exchange for operating lease liabilities $ 37,682  $ 23,766 
Cash paid for operating leases $ 5,773  $ 5,101