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Leases

12 Months Ended

Dec. 31, 2019

Note 15. Leases

The Company leases office space, cars, distribution centers and equipment under non-cancellable lease arrangements with various expiration date through December 2026. The leases have remaining lease terms of 1 year to 6 years, some of which include options to extend for up to a further 5 years, and some of which include options to terminate prior to completion of the contractual lease term with or without penalties. The Company determines the duration of the lease arrangement giving thought to whether or not it is reasonably certain that the Company will exercise options to extend or terminate the lease arrangement ahead of its contractual term. The leases do not contain any material residual value guarantees.

The components of lease cost were as follows:

	Year Ended December 31, 2019
	(In Thousands)
Operating lease cost	$	11,945
Short-term lease cost ⁽¹⁾		1,111
Total lease cost ⁽²⁾	$	13,056

⁽¹⁾	Includes 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 consolidated statement of operations.

Supplemental cash flow information related to leases was as follows:

	Year Ended December 31, 2019
	(in thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows relating to operating leases	$	11,652

Lease liabilities arising from obtaining right-of-use assets:
Operating leases	$	918

Supplemental balance sheet information related to leases was as follows:

	As of December 31, 2019
Weighted Average Remaining Lease Term (in years)
Operating leases		4.5

Weighted Average Discount Rate
Operating leases		3.7	%

As of December 31, 2019, maturities of operating lease liabilities were as follows (in thousands):

	Operating Lease
2020	$	10,460
2021		8,092
2022		7,028
2023		4,519
2024		4,345
Thereafter		3,374
Total lease payments		37,818
Less imputed interest		(3,027	)
Total	$	34,791

Supplemental Information for Comparative Periods

As of December 31, 2018, prior to the adoption of ASC 842 Leases, future minimum lease payments under non-cancelable operating leases were as follows (in thousands):

	Leases
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

Rent expense in the years ended December 31, 2018 and 2017 was $9.4 million and $9.9 million, respectively.