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Leases (Tables)
12 Months Ended
Dec. 31, 2019
Leases [Abstract]  
Summary of Components of Lease Expense

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

 

 

 

Year Ended

 

 

 

December 31, 2019

 

Operating lease cost

 

$

15,005

 

Short-term lease cost

 

 

498

 

Variable lease cost

 

 

5,318

 

Sublease income

 

 

(205

)

Total lease cost

 

$

20,616

 

Summary of Additional Lease Information

 

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

 

 

 

Year Ended

 

 

 

December 31, 2019

 

Cash paid for amounts included in the measurement of operating

   lease liabilities

 

$

10,953

 

Operating right-of-use assets obtained in exchange for lease

   obligations

 

$

18,497

 

Weighted-average remaining lease term - operating leases (years)

 

 

6.4

 

Weighted-average discount rate - operating leases

 

 

5.1

%

Summary of Future Minimum Lease Payments Under Non-Cancellable Leases

 

Future minimum lease payments under non-cancellable leases as of December 31, 2019 are as follows (in thousands):

 

2020

$

15,904

 

2021

 

14,092

 

2022

 

13,577

 

2023

 

13,073

 

2024

 

12,673

 

Thereafter

 

23,936

 

Total lease payments

 

93,255

 

Less imputed interest

 

(13,985

)

Present value of lease liabilities

$

79,270

 

Summary of Lease Balances

 

Lease balances are as follows (in thousands):

 

 

As of

 

 

December 31, 2019

 

Operating lease right-of-use assets

$

69,100

 

 

 

 

 

Short-term operating lease liabilities (1)

$

12,208

 

Non-current operating lease liabilities

 

67,062

 

Total operating lease liabilities

$

79,270