LEASES

6 Months Ended

Jun. 30, 2023

The Company has operating leases for its office facilities, data centers, and certain vehicles, as well as finance leases for office equipment. The Company's leases have remaining terms of less than one year to nine years. The leases contain various renewal and termination options. The period that is subject to an option to extend the lease is included in the lease term if it is reasonably certain that the option will be exercised. The period that is subject to an option to terminate the lease is included if it is reasonably certain that the option will not be exercised.

Lease costs related to the Company's operating leases included in the condensed consolidated statements of operations were as follows (in thousands):


	Three Months Ended June 30,				Six Months Ended June 30,
Operating lease costs:	2023		2022		2023		2022

Cost of revenues	$	2,401	$	1,725	$	4,445	$	4,278
Software development	1,482		1,345		3,015		3,129
Selling and marketing (excluding customer base amortization)	3,928		1,931		7,480		4,941
General and administrative	945		4,258		2,030		5,911
Total operating lease costs	$	8,756	$	9,259	16,970		$	18,259

The impact of lease costs related to finance leases and short-term leases was not material for the three and six months ended June 30, 2023 and 2022.

Supplemental balance sheet information related to operating leases was as follows (in thousands):


Balance	Balance Sheet Location	June 30, 2023			December 31, 2022




Operating lease liabilities		$	115,945		$	118,294
Less: imputed interest		(7,091)			(6,238)
Present value of lease liabilities		108,854			112,056
Less: current portion of lease liabilities	Lease liabilities	40,329			36,049
Long-term lease liabilities	Lease and other long-term liabilities	$	68,525		$	76,007

Weighted-average remaining lease term in years		3.8			3.6
Weighted-average discount rate		3.3		%	3.1		%

Balance sheet information related to finance leases was not material as of June 30, 2023 and December 31, 2022.

Supplemental cash flow information related to leases was as follows (in thousands):


	Six Months Ended June 30,
	2023		2022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows used in operating leases	$	19,382	$	19,111

ROU assets obtained in exchange for lease obligations:
Operating leases	$	10,496	$	13,917