Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.20.2
Leases (Tables)
6 Months Ended
Jun. 30, 2020
Leases [Abstract]  
Schedule of Future Minimum Lease Payments under Topic 842
As of June 30, 2020, the maturities of our operating lease liabilities and a reconciliation to the present value of lease liabilities were as follows (in thousands):

Remaining Lease Payments
Remainder of 2020 $ 2,984   
2021 7,706   
2022 5,431   
2023 5,289   
2024 5,349   
Thereafter 37,569   
Total remaining lease payments 64,328   
Less: imputed interest (15,308)  
Total operating lease liabilities 49,020   
Less: current portion (4,496)  
Long-term operating lease liabilities $ 44,524   
Weighted-average remaining lease term (in years) 12.0
Weighted-average discount rate 4.4  %
Supplemental Operating Lease Information
The following summarizes additional supplemental data related to our operating leases (in thousands):

Three Months Ended June 30, Six Months Ended June 30,
2020 2019 2020 2019
Operating lease costs $ 2,172    $ 1,547    $ 4,277    $ 3,094   

Six Months Ended June 30,
2020 2019
Right-of-use assets obtained in exchange for operating lease liabilities $ 24,071    $ 18,563   
Cash paid for operating leases $ 3,354    $ 1,863