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Leases
6 Months Ended
Jun. 30, 2023
Leases [Abstract]  
Leases Leases
We lease office space under noncancelable operating leases with original terms ranging from one to 11 years and vehicles under noncancelable finance leases with terms of four years. Generally, the operating leases require a fixed minimum rent with contractual minimum rent increases over the lease term. The components of lease expense were as follows:
Three Months Ended June 30,Six Months Ended June 30,
Lease CostClassification2023202220232022
Operating lease cost:
Operating lease cost(1)
Cost of revenue$3,103 $3,629 $6,417 $5,963 
Operating lease cost(1)
Operating expenses2,630 1,580 5,155 3,087 
Total operating lease cost$5,733 $5,209 $11,572 $9,050 
Finance lease cost:
Amortization of right-of-use assetsCost of revenue$15 $15 $31 $31 
Interest on lease liabilitiesCost of revenue
Total finance lease cost$16 $17 $34 $35 
(1) Includes lease expense with initial terms of twelve months or less of $782 and $1,047 for the three months ended June 30, 2023 and 2022, respectively, and $1,630 and $1,423 for the six months ended June 30, 2023 and 2022, respectively.
Lease LiabilitiesOther LeasesTotal Lease Obligations
Maturity of Lease LiabilitiesOperatingFinancingOperating
2023, excluding the six months ended June 30, 2023
$9,225 $26 $1,065 $10,316 
202416,746 43 622 17,411 
202512,703 22 279 13,004 
20269,934 — 204 10,138 
20275,045 — 90 5,135 
Thereafter836 — 70 906 
Total lease payments$54,489 $91 $2,330 $56,910 
Less: Interest(1)
3,959 
Present value of lease liabilities$50,530 $87 
(1) Includes interest on operating leases of $1,843 and financing lease of $3 within the next twelve months.
Lease Term and Discount RateJune 30, 2023December 31, 2022
Weighted-average remaining operating lease term (years)
3.53.6
Weighted-average remaining finance lease term (years)
1.92.4
Weighted-average discount rate for operating leases
4.5 %4.5 %
Weighted-average discount rate for finance leases
5.4 %5.4 %
Six Months Ended June 30,
Supplemental Cash Flow Information20232022
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases$11,965 $9,567 
Operating cash flows from finance leases
Financing cash flows from finance leases25 24 
Right of use assets obtained in exchange for lease liabilities
Operating leases$6,256 $1,745 
Finance leases— 477 
Leases Leases
We lease office space under noncancelable operating leases with original terms ranging from one to 11 years and vehicles under noncancelable finance leases with terms of four years. Generally, the operating leases require a fixed minimum rent with contractual minimum rent increases over the lease term. The components of lease expense were as follows:
Three Months Ended June 30,Six Months Ended June 30,
Lease CostClassification2023202220232022
Operating lease cost:
Operating lease cost(1)
Cost of revenue$3,103 $3,629 $6,417 $5,963 
Operating lease cost(1)
Operating expenses2,630 1,580 5,155 3,087 
Total operating lease cost$5,733 $5,209 $11,572 $9,050 
Finance lease cost:
Amortization of right-of-use assetsCost of revenue$15 $15 $31 $31 
Interest on lease liabilitiesCost of revenue
Total finance lease cost$16 $17 $34 $35 
(1) Includes lease expense with initial terms of twelve months or less of $782 and $1,047 for the three months ended June 30, 2023 and 2022, respectively, and $1,630 and $1,423 for the six months ended June 30, 2023 and 2022, respectively.
Lease LiabilitiesOther LeasesTotal Lease Obligations
Maturity of Lease LiabilitiesOperatingFinancingOperating
2023, excluding the six months ended June 30, 2023
$9,225 $26 $1,065 $10,316 
202416,746 43 622 17,411 
202512,703 22 279 13,004 
20269,934 — 204 10,138 
20275,045 — 90 5,135 
Thereafter836 — 70 906 
Total lease payments$54,489 $91 $2,330 $56,910 
Less: Interest(1)
3,959 
Present value of lease liabilities$50,530 $87 
(1) Includes interest on operating leases of $1,843 and financing lease of $3 within the next twelve months.
Lease Term and Discount RateJune 30, 2023December 31, 2022
Weighted-average remaining operating lease term (years)
3.53.6
Weighted-average remaining finance lease term (years)
1.92.4
Weighted-average discount rate for operating leases
4.5 %4.5 %
Weighted-average discount rate for finance leases
5.4 %5.4 %
Six Months Ended June 30,
Supplemental Cash Flow Information20232022
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases$11,965 $9,567 
Operating cash flows from finance leases
Financing cash flows from finance leases25 24 
Right of use assets obtained in exchange for lease liabilities
Operating leases$6,256 $1,745 
Finance leases— 477