Leases (Tables)

3 Months Ended

Mar. 31, 2019

Summary of Lease Cost and Supplemental Cash Flow Information

The components of lease costs were as follows:



	As of March 31, 2019
	(in thousands)
Operating lease cost ^{(1) (2)}	$	3,348

⁽¹⁾ Includes short-term lease cost, which is immaterial.

⁽²⁾Included in cost of revenue, sales and marketing, research and development and general and administration in the Company’s unaudited condensed statement of operations.

Supplemental cash flow information related to leases was as follows:



	Three Months Ended
	March 31, 2019
	(in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows relating to operating leases	$	3,038

Lease liabilities arising from obtaining right-of-use assets:
Operating leases	$	577

Summary of Supplemental Balance Sheet Information

Supplemental balance sheet information related to leases was as follows:



	As of March 31, 2019
Weighted Average Remaining Lease Term (in years)
Operating leases	4.9

Weighted Average Discount Rate
Operating leases	3.8	%

Schedule of Operating Lease Liability Maturities

As of March 31, 2019, maturity analysis of operating lease liabilities were as follows (in thousands):



	Operating Lease
2019 (remaining nine months)	$	8,880
2020	10,153
2021	7,981
2022	6,972
2023	4,507
Thereafter	7,713
Total lease payments	46,206
Less imputed interest	(4,093		)
Total	$	42,113

Schedule of Future Minimum Rental Payments for Operating Leases

As of December 31, 2018, future minimum lease payments under non-cancelable operating leases are as follows (in thousands):



	Leases ⁽¹⁾
2019	$	11,900
2020	9,986
2021	7,785
2022	6,856
2023	4,478
Thereafter	7,725
Total future minimum lease payments	$	48,730

⁽¹⁾Amounts are based on ASC 840 Leases that was superseded upon the adoption of ASC 842 Leases on January 1, 2018.