Leases

9 Months Ended

Sep. 30, 2022

We lease our facilities and some of our equipment under noncancelable operating lease arrangements that expire at various dates through 2029. For a few of our facility leases, we have certain options to extend the lease term for up to 10 years, at our sole discretion. We have no finance leases.

We present below the operating lease right-of-use assets and lease liabilities as of September 30, 2022 (in thousands):



	September 30, 2022
ASSETS
Operating lease right-of-use assets	$	21,169

LIABILITIES
Operating lease liabilities, current (included in accrued and other liabilities)	$	6,405
Operating lease liabilities, long-term		17,186
Total operating lease liabilities	$	23,591

Aggregate future minimum lease payments under noncancelable operating leases as of September 30, 2022 are as follows (in thousands):


Year Ending December 31,
2022 (excluding the nine months ended September 30, 2022)	$	1,947
2023		6,983
2024		6,082
2025		5,310
2026		2,453
Thereafter		4,447
Total minimum payments required		27,222
Less short-term leases		(133	)
Less imputed interest		(3,498	)
Total operating lease liabilities	$	23,591

The total lease cost for the three and nine months ended September 30, 2022 was $1.9 million and $5.8 million, respectively. Total lease cost for the three months ended September 30, 2022 consisted of $1.8 million of operating lease costs, and $0.1 million of short-term lease costs. For the nine months ended September 30, 2022, total lease cost consisted of $5.5 million of operating lease costs, and $0.3 million of short-term lease costs.

Total lease cost for the three and nine months ended September 30, 2021 was $2.0 million and $6.0 million, respectively. Total lease cost for the three months ended September 30, 2021 consisted of $1.9 million of operating lease costs, and $0.1 million of short-term lease costs. For the nine months ended September 30, 2021, total lease cost consisted of $5.7 million of operating lease cost, and $0.3 million of short-term lease costs.

Our variable lease costs for the three and nine months ended September 30, 2022 and 2021 were immaterial.

Other information related to operating leases are as follows:


Weighted average remaining lease term		4.5
Weighted average discount rate		2	%
Supplemental cash flow information - operating cash flows (in thousands):
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows for operating leases	$	5,103