Leases (Tables)

3 Months Ended

Mar. 31, 2024

Leases [Abstract]

Summary of Components of Lease Expense

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

	For the Three Months Ended March 31,
	2024			2023
Operating lease cost	$	3,094		$	3,314
Short-term lease cost		214			261
Variable lease cost		1,230			785
Sublease income		(130	)		(131	)
Total lease cost	$	4,408		$	4,229

Summary of Additional Lease Information

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

	For the Three Months Ended March 31,
	2024			2023
Cash paid for amounts included in the measurement of operating    lease liabilities	$	3,630		$	3,374
Operating lease ROU assets obtained in exchange for lease    obligations	$	408		$	1,323
Weighted-average remaining lease term - operating leases (years)		4.1			4.9
Weighted-average discount rate - operating leases		4.2	%		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 March 31, 2024 are as follows (in thousands):

	Operating Lease			Sublease
	Payments			Cash Receipts
2024 (remainder)	$	12,209		$	471
2025		13,933			—
2026		12,325			—
2027		5,707			—
2028		2,875			—
Thereafter		6,024			—
Total lease payments and estimated sublease cash receipts		53,073		$	471
Less imputed interest		(4,515	)
Present value of lease liabilities	$	48,558

Summary of Lease Balances

Lease balances as of March 31, 2024 are as follows (in thousands):

Operating lease ROU assets	$	34,380
Short-term operating lease liabilities (1)	$	14,086
Non-current operating lease liabilities		34,472
Total operating lease liabilities	$	48,558

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