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Leases (Tables)
12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Summary of Lease Cost and Supplemental Cash Flow Information

The components of lease cost were as follows:

 

 

 

Year End December 31,

 

 

 

2022

 

 

2021

 

 

2020

 

(In Thousands)

 

 

 

Operating lease cost

 

$

11,067

 

 

$

9,208

 

 

$

10,482

 

Short-term lease cost

 

 

297

 

 

 

563

 

 

 

1,702

 

Total lease cost (1)

 

$

11,364

 

 

$

9,771

 

 

$

12,184

 

_______________________

(1)
Included in cost of revenue, sales and marketing, research and development and general and administration in the Company’s consolidated statement of operations.

Supplemental cash flow information related to leases was as follows:

 

 

 

 

Year End December 31,

 

 

 

 

2022

 

 

2021

 

 

2020

 

(In Thousands)

 

 

 

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

 

 

 

 

 

 

 

Operating cash flows relating to operating leases

 

 

$

9,907

 

 

$

9,474

 

 

$

12,127

 

 

 

 

 

 

 

 

 

 

 

 

Lease liabilities arising from obtaining right-of-use assets:

 

 

 

 

 

 

 

 

 

 

Operating leases

 

 

$

26,511

 

 

$

1,773

 

 

$

9,463

 

Summary of Supplemental Balance Sheet Information

Supplemental balance sheet information related to leases was as follows:

 

 

 

As of December 31,

 

 

 

2022

 

 

2021

 

Weighted Average Remaining Lease Term (in years)

 

 

 

 

 

 

Operating leases

 

 

4.6

 

 

 

3.6

 

 

 

 

 

 

 

 

Weighted Average Discount Rate

 

 

 

 

 

 

Operating leases

 

 

4.9

%

 

 

4.0

%

Schedule of Operating Lease Liability Maturities

As of December 31, 2022, maturities of operating lease liabilities were as follows (in thousands):

 

 

 

Operating Lease

 

2023

 

$

12,842

 

2024

 

 

12,165

 

2025

 

 

10,647

 

2026

 

 

6,987

 

2027

 

 

5,728

 

Thereafter

 

 

2,594

 

Total lease payments

 

 

50,963

 

Less imputed interest

 

 

(5,866

)

Total

 

$

45,097