XML 17 R41.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Leases (Tables)
12 Months Ended
Dec. 31, 2019
Leases [Abstract]  
Summary of Lease Cost and Supplemental Cash Flow Information

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

 

 

Summary of Supplemental Balance Sheet Information

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

%

 

Schedule of Operating Lease Liability Maturities

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

 

Schedule of Future Minimum Rental Payments for Operating Leases

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