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Leases, Commitments and Contingencies (Tables)
9 Months Ended
Sep. 30, 2019
Commitments And Contingencies Disclosure [Abstract]  
Schedule of Condensed Consolidated Balance Sheets of Operating Leases

The following table summarizes the presentation in the Company’s condensed consolidated balance sheets of operating leases:

 

(In thousands)

 

Balance sheet location

 

As of September 30, 2019

 

Assets

 

 

 

 

 

 

Right-of-use operating asset

 

Right-of-use operating asset

 

$

35,514

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

Current operating lease

   liabilities

 

Other current liabilities

 

 

7,557

 

Long-term operating lease

   liabilities

 

Long-term lease operating

liability, net of current portion

 

 

31,360

 

Total operating lease

   liabilities

 

 

 

$

38,917

 

Schedule of Lease Costs Recorded In Condensed Consolidated Statements of Operations and Comprehensive Loss

The following table summarizes the lease costs recorded in the Company’s condensed consolidated statements of operations and comprehensive loss:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

(In thousands)

 

September 30, 2019

 

 

September 30, 2019

 

Operating lease cost

 

$

2,462

 

 

$

7,342

 

Schedule of Minimum Lease Payments

The minimum lease payments are expected to be as follows:

 

Years Ending December 31,

 

(In thousands)

 

2019 (remaining three months)

 

$

2,543

 

2020

 

 

10,244

 

2021

 

 

9,972

 

2022

 

 

8,898

 

2023

 

 

9,105

 

Thereafter

 

 

5,560

 

Total lease payments

 

 

46,322

 

Less imputed interest

 

 

(7,405

)

Present value of operating lease liabilities

 

$

38,917

 

Schedule of Future Minimum Lease Payments, Under Non-Cancelable Operating Leases

Under the prior lease guidance, future minimum lease payments under non-cancelable operating leases were as follows at December 31, 2018:

 

Years Ending December 31,

 

(In thousands)

 

2019

 

$

7,918

 

2020

 

 

8,299

 

2021

 

 

8,463

 

2022

 

 

8,692

 

2023

 

 

8,894

 

Thereafter

 

 

5,415

 

 

 

$

47,681

 

Schedule of Weighted Average Remaining Lease Term and Weighted Average Discount Rate of Our Operating Leases

The weighted average remaining lease term and weighted average discount rate of the Company’s operating leases are as follows:

 

 

 

As of September 30, 2019

 

Weighted average remaining lease term in years

 

4.62

 

Weighted average discount rate

 

7.5%

 

Schedule of Supplemental Disclosure of Cash Flow Information Related To Operating Leases

Supplemental disclosure of cash flow information related to the Company’s operating leases included in cash flows used by operating activities in the condensed consolidated statements of cash flows is as follows:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

(In thousands)

 

September 30, 2019

 

 

September 30, 2019

 

Cash paid for amounts included in

   the measurement of lease

   liabilities

 

$

2,537

 

 

$

7,404

 

 

 

 

 

 

 

 

 

 

Right-of-use assets obtained in

   exchange for lease obligations:

 

 

 

 

 

 

 

 

Operating leases

 

$

 

 

$

872