XML 36 R23.htm IDEA: XBRL DOCUMENT v3.22.0.1
Leases, Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2021
Commitments And Contingencies Disclosure [Abstract]  
Schedule of Amount of Operating Leases

The following table shows the amounts of operating leases in the balance sheets as of December 31, 2021 and 2020:

 

 

 

 

 

December 31,

 

Balance sheet location

 

Balance sheet caption

 

2021

 

 

2020

 

 

 

 

 

(in thousands)

 

Assets

 

 

 

 

 

 

 

 

 

 

Right-of-use operating asset

 

Right-of-use operating asset

 

$

16,109

 

 

$

25,064

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

Current operating lease

   liabilities

 

Operating lease liability, current portion

 

 

7,468

 

 

 

8,662

 

Long-term operating lease

   liabilities

 

Operating lease liability, net of current portion

 

 

10,964

 

 

 

19,438

 

Total operating lease

   liabilities

 

 

 

$

18,432

 

 

$

28,100

 

Schedule of Lease Expense by Lease Type Recognized

 

Lease expense by lease type recognized during the years ended December 31, 2021, 2020 and 2019 was as follows:

 

 

 

Year Ended December 31,

 

 

 

2021

 

 

2020

 

 

2019

 

 

 

(in thousands)

 

Operating lease cost

 

$

8,748

 

 

$

8,838

 

 

$

9,804

 

Variable lease cost

 

 

1,600

 

 

 

2,285

 

 

 

2,675

 

Short-term lease cost

 

 

101

 

 

 

74

 

 

 

438

 

Sublease income

 

 

(234

)

 

 

-

 

 

 

-

 

 

 

$

10,215

 

 

$

11,197

 

 

$

12,917

 

Schedule of Minimum Lease Payments

The minimum lease payments are expected to be as follows:

 

Years Ending December 31,

 

(In thousands)

 

2022

 

$

7,468

 

2023

 

 

7,643

 

2024

 

 

5,316

 

2025

 

 

-

 

2026

 

 

-

 

Thereafter

 

 

-

 

Total lease payments

 

 

20,427

 

Less imputed interest

 

 

(1,995

)

Present value of operating lease liabilities

 

$

18,432

 

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 operating leases are as follows:

 

 

 

December 31, 2021

 

Weighted average remaining lease term in years

 

2.68

 

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 operating leases included in cash flows used by operating activities in the consolidated statements of cash flows is as follows:

 

 

 

Year Ended December 31,

 

 

 

2021

 

 

2020

 

 

2019

 

 

 

(in thousands)

 

Cash paid for amounts included in

   the measurement of lease liabilities

 

$

9,264

 

 

$

9,231

 

 

$

9,946

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Right-of-use assets obtained in

   exchange for lease obligations:

 

 

 

 

 

 

 

 

 

 

 

 

Operating leases

 

$

 

 

$

 

 

$

872

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lease asset de-recognized upon lease

   cancellation

 

 

 

 

 

 

 

 

 

 

 

 

Operating leases

 

$

3,733

 

 

$

2,310

 

 

$