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Leases (Tables)

6 Months Ended

Jun. 30, 2019

Summary of Lease Cost and Supplemental Cash Flow Information

The components of lease cost were as follows:



	Three Months Ended		Six Months Ended
	June 30, 2019		June 30, 2019
	(in thousands)
Operating lease cost	$	2,982	$	5,951
Short-term lease cost ⁽¹⁾	504		883
Total lease cost ⁽²⁾	$	3,486	$	6,834

⁽¹⁾ Included variable lease cost, which was 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:



	Six Months Ended
	June 30, 2019
	(in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows relating to operating leases	$	6,179

Lease liabilities arising from obtaining right-of-use assets:
Operating leases	$	677

Summary of Supplemental Balance Sheet Information

Supplemental balance sheet information related to leases was as follows:



	As of June 30, 2019
Weighted Average Remaining Lease Term (in years)
Operating leases	4.8

Weighted Average Discount Rate
Operating leases	3.8	%

Schedule of Operating Lease Liability Maturities

As of June 30, 2019, maturity analysis of operating lease liabilities were as follows (in thousands):



	Operating Lease
2019 (remaining six months)	$	5,773
2020	10,184
2021	8,009
2022	7,003
2023	4,524
Thereafter	7,731
Total lease payments	43,224
Less imputed interest	(3,719		)
Total	$	39,505

Schedule of Future Minimum Rental Payments for Operating Leases

As of December 31, 2018, future minimum lease payments under non-cancelable operating leases were 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⁽¹⁾Amounts are based on ASC 840 Leases that was superseded upon the adoption of ASC 842 Leases on January 1, 2018.