Leases (Tables)

9 Months Ended

Sep. 30, 2022

Leases [Abstract]

Summary of Components of Lease Expense

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

	For the Three Months Ended September 30,
	2022			2021
Operating lease cost	$	3,546		$	3,999
Short-term lease cost		214			120
Variable lease cost		1,000			1,472
Sublease income		(192	)		(192	)
Total lease cost	$	4,568		$	5,399

	For the Nine Months Ended September 30,
	2022			2021
Operating lease cost	$	10,798		$	11,881
Short-term lease cost		526			306
Variable lease cost		4,013			4,187
Sublease income		(575	)		(358	)
Total lease cost	$	14,762		$	16,016

Summary of Additional Lease Information

Additional lease information is summarized in the following table (in thousands, except lease term and discount rate):

	For the Nine Months Ended September 30,
	2022			2021
Cash paid for amounts included in the measurement of operating    lease liabilities	$	9,556		$	8,526
Operating lease ROU assets obtained in exchange for lease    obligations	$	172		$	7,505
Weighted-average remaining lease term - operating leases (years)		5.3			6.1
Weighted-average discount rate - operating leases		4.3	%		4.3	%

Summary of Future Minimum Lease Payments and Sublease Cash Receipts Under Non-Cancelable Leases

Future minimum lease payments under non-cancelable leases and estimated future sublease cash receipts from non-cancelable arrangements as of September 30, 2022 are as follows (in thousands):

	Operating Lease			Sublease
	Payments			Cash Receipts
2022 (remainder)	$	4,182		$	195
2023		16,272			606
2024		15,848			624
2025		13,934			—
2026		12,084			—
Thereafter		13,841			—
Total lease payments and estimated sublease cash receipts		76,161		$	1,425
Less imputed interest		(9,167	)
Present value of lease liabilities	$	66,994

Summary of Lease Balances

Lease balances as of September 30, 2022 are as follows (in thousands):

Operating lease ROU assets	$	55,637
Short-term operating lease liabilities (1)	$	13,455
Non-current operating lease liabilities		53,539
Total operating lease liabilities	$	66,994

(1)Included in accrued expenses and other current liabilities on the Consolidated Balance Sheets.

The Company’s leases do not contain residual value guarantees, material restrictions, or covenants.