Leases (Tables)

9 Months Ended

Sep. 30, 2021

Leases [Abstract]

Components of Lease Expense

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

	Three months ended September 30,				Nine months ended September 30,
	2021		2020		2021		2020
Operating lease cost	$	952	$	1,335	$	3,301	$	4,024
Short-term lease cost		382		252		1,146		752
Total net lease cost	$	1,334	$	1,587	$	4,447	$	4,776

Supplemental Cash Flow Information Related to Operating Leases

Supplemental cash flow information related to the Company’s operating leases was as follows (in thousands):

	Three months ended September 30,				Nine months ended September 30,
	2021		2020		2021		2020
Operating cash outflows from operating leases	$	1,923	$	1,357	$	4,690	$	3,903
Right-of-use assets obtained in exchange for operating lease obligations		409		—		2,283		1,364

Weighted Average Remaining Lease Term, and Weighted Average Discount Rates Related to Operating Leases

The following table presents the weighted average remaining lease term and weighted average discount rates related to the Company’s operating leases as of September 30, 2021 and December 31, 2020, respectively (in thousands, excluding years and percentages):

	September 30, 2021			December 31, 2020
Lease Assets and Liabilities
Assets:
Right-of-use assets from operating leases	$	12,932		$	18,483
Liabilities:
Operating lease liabilities - current	$	4,118		$	4,494
Operating lease liabilities - non-current		12,694			15,959
Total operating lease liabilities	$	16,812		$	20,453
Weighted average remaining lease term	4.4 years			4.6 years
Weighted average discount rate		5.5	%		5.7	%

Maturity of Operating Lease Liabilities

The following table presents the maturity of the Company’s operating lease liabilities as of September 30, 2021 (in thousands):

Remainder of 2021	$	1,701
2022		4,877
2023		4,442
2024		3,866
2025		2,531
Thereafter		2,457
Total operating lease payments		19,874
Less: imputed interest		(3,062	)
Total operating lease liabilities	$	16,812