Other Long-Term Assets (Tables)

3 Months Ended

Mar. 31, 2022

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Schedule of Other Long-Term Assets

Other long-term assets consisted of the following at March 31, 2022 and December 31, 2021 (in thousands):

	March 31, 2022		December 31, 2021
Cash surrender value of corporate-owned life insurance policies	$	4,912	$	5,276
Deferred commissions (1)		55,114		54,028
Restricted cash		56		57
Operating lease assets		23,242		23,270
Deferred implementation costs (2)		3,697		3,915
Prepaid expenses, deposits and other		10,982		11,701
Total other long-term assets		98,003	$	98,247

(1) Represents the incremental costs of obtaining contracts with customers, which consist primarily of sales commissions. These costs are ascribed to or allocated to the underlying performance obligations in the contracts and amortized consistent with the recognition timing of the revenue for the underlying performance obligations.

(2) During the year ended December 31, 2021, we completed an implementation of several software-as-a-service applications supporting our internal operations. Following the implementation, we placed $4.3 million of deferred implementation costs assets related to these applications into service.