Leases

12 Months Ended

Dec. 31, 2021

We have operating leases for buildings, equipment and vehicles. Existing leases have remaining terms of less than one year to eight years. Some leases contain options to extend the lease, usually for up to five years, and termination options.

Supplemental balance sheet information related to leases was as follows as of December 31, 2021 and 2020 (in thousands, except for discount rate and lease term):


	December 31, 2021			December 31, 2020
Operating lease right-of-use buildings	$	43,457		$	41,132
Operating lease right-of-use equipment	84			89
Operating lease right-of-use vehicles	676			679
Total operating lease right-of-use assets, gross	44,217			41,900
Accumulated amortization	(7,098)			(3,786)
Total operating lease right-of-use assets, net	$	37,119		$	38,114

Operating lease liabilities, current	$	3,053		$	2,973
Operating lease liabilities, non-current	37,548			38,178
Total operating lease liabilities	$	40,601		$	41,151

Weighted average remaining lease term (in years)	7.7 years			8.6 years
Weighted average discount rate per annum	11.7		%	11.9		%

The following table presents the components of lease expense for the year-ended December 31, 2021 and 2020, respectively (in thousands):


(in thousands)	Twelve months ended December 31, 2021		Twelve months ended December 31, 2020
Operating lease cost (including variable costs)	$	10,918	$	9,682
Variable costs including non-lease component	$	2,853	$	2,336

Supplemental information:
Cash paid for amounts included in the measurement of operating lease liabilities (included in net cash used in operating activities)
Operating cash flows from operating leases	$	7,568	$	5,265

Future minimum lease payments under commenced non-cancelable operating leases are as of December 31, 2021 as follows (in thousands):


Fiscal Year	Minimum Lease Payments for Operating Leases
2022	$	7,480
2023	7,644
2024	7,721
2025	7,932
2026	7,704
Thereafter	24,948
Total future minimum payments	$	63,429
Less: imputed interest	(22,828)
Total	$	40,601