Commitments and Contingencies (Tables)

9 Months Ended

Sep. 30, 2020

Commitments and Contingencies Disclosure [Abstract]

Lease Expense and Other Information Related to Leases

The components of lease expense were as follows (in thousands):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Finance lease cost:
Amortization of right-of-use assets	$	2,151	$	3,647	$	7,087	$	10,879
Interest on lease liabilities	173		322		597		994
Operating lease cost	3,195		3,528		9,353		10,027
Short-term lease cost	113		118		352		1,263
Variable lease cost	1,176		854		2,957		2,750
Sublease income	(202)		(197)		(574)		(546)
Total lease cost	$	6,606	$	8,272	$	19,772	$	25,367

Other information related to leases was as follows (dollars in thousands):

	Three Months Ended September 30,						Nine Months Ended September 30,
	2020			2019			2020			2019
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	3,430		$	3,029		$	8,929		$	8,564
Operating cash flows from finance leases	161			291			578			732
Financing cash flows from finance leases	2,217			4,004			7,763			10,449
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	—			3,136			32			23,286
Finance leases	879			4,453			1,092			17,390
Weighted average remaining lease term (years):
Operating leases	4.88			5.26			4.88			5.26
Finance leases	2.33			3.08			2.33			3.08
Weighted average discount rate:
Operating leases	5.5		%	5.2		%	5.5		%	5.2		%
Finance leases	4.1		%	4.2		%	4.1		%	4.2		%

Future Minimum Lease Payments Under Non-Cancellable Leases

Future minimum lease commitments under non-cancellable leases as of September 30, 2020 were as follows (in thousands):

	Operating Leases		Sublease Income		Net Operating Leases		Finance Leases
2020	$	12,706	$	712	$	11,994	$	8,118
2021	10,365		125		10,240		5,525
2022	9,205		—		9,205		2,030
2023	5,876		—		5,876		216
2024	2,718		—		2,718		41
Thereafter	5,949		—		5,949		—
Total future lease payments	46,819		837		45,982		15,930
Less: Amount representing interest	5,589		—		5,589		700
Present value of future payments	41,230		837		40,393		15,230
Less: Tenant incentives	—		—		—		—
Net present value of future payments	41,230		837		40,393		15,230
Less: Current portion	10,774		—		10,774		7,541
Long-term portion	$	30,456	$	837	$	29,619	$	7,689

Future Minimum Lease Payments Under Non-Cancellable Leases

Future minimum lease commitments under non-cancellable leases as of September 30, 2020 were as follows (in thousands):

	Operating Leases		Sublease Income		Net Operating Leases		Finance Leases
2020	$	12,706	$	712	$	11,994	$	8,118
2021	10,365		125		10,240		5,525
2022	9,205		—		9,205		2,030
2023	5,876		—		5,876		216
2024	2,718		—		2,718		41
Thereafter	5,949		—		5,949		—
Total future lease payments	46,819		837		45,982		15,930
Less: Amount representing interest	5,589		—		5,589		700
Present value of future payments	41,230		837		40,393		15,230
Less: Tenant incentives	—		—		—		—
Net present value of future payments	41,230		837		40,393		15,230
Less: Current portion	10,774		—		10,774		7,541
Long-term portion	$	30,456	$	837	$	29,619	$	7,689