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Leases (Tables)
12 Months Ended
Dec. 31, 2020
Leases [Abstract]  
Summary of Lease Cost and Supplemental Cash Flow Information

The components of lease cost were as follows:

 

 

 

Year Ended December 31,

 

 

 

2020

 

 

2019

 

 

 

(In thousands)

 

Operating lease cost

 

$

10,482

 

 

$

11,945

 

Short-term lease cost (1)

 

 

1,702

 

 

 

1,111

 

Total lease cost (2)

 

$

12,184

 

 

$

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,

 

 

 

2020

 

 

2019

 

 

 

(In thousands)

 

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

 

 

 

 

 

 

 

 

Operating cash flows relating to operating leases

 

$

12,127

 

 

$

11,652

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

Operating leases

 

$

9,463

 

 

$

918

 

Summary of Supplemental Balance Sheet Information

Supplemental balance sheet information related to leases was as follows:

 

 

 

As of December 31,

 

 

 

2020

 

 

2019

 

Weighted Average Remaining Lease Term (in years)

 

 

 

 

 

 

 

 

Operating leases

 

 

4.2

 

 

 

4.5

 

 

 

 

 

 

 

 

 

 

Weighted Average Discount Rate

 

 

 

 

 

 

 

 

Operating leases

 

 

4.0

%

 

 

3.7

%

 

Schedule of Operating Lease Liability Maturities

As of December 31, 2020, maturities of operating lease liabilities were as follows (in thousands):

 

 

 

Operating Lease

 

2021

 

$

10,209

 

2022

 

 

9,488

 

2023

 

 

6,764

 

2024

 

 

6,105

 

2025

 

 

4,430

 

Thereafter

 

 

796

 

Total lease payments

 

 

37,792

 

Less imputed interest

 

 

(3,131

)

Total

 

$

34,661