Leases (Tables)

3 Months Ended

Mar. 31, 2022

Leases [Abstract]

Schedule of Other Information Pertaining to Operating Leases

The following table sets forth a summary of and other information pertaining to the Company’s operating leases for the three months ended March 31, 2022 (dollar amounts in thousands):

	Three Months Ended March 31,
	2022
Cash paid for amounts included in the measurement of operating lease liabilities, net of lease incentives	$	1,151
Weighted average remaining term (years)	2.7
Weighted average discount rate	3.8		%

Schedule of Future Minimum Lease Payments

Future minimum lease payments under noncancellable operating leases with initial lease terms in excess of one year as of March 31, 2022, were as follows (in thousands):

Remainder of 2022	$	5,697
2023	7,176
2024	5,825
2025	809
2026	410
Gross lease payments	19,917
Less imputed interest	(1,049)
Present value of operating lease liabilities	$	18,868

Schedule of Future Minimum Lease Payments under Topic 840

Future minimum lease payments as measured under Topic 840 for noncancellable operating leases as of December 31, 2021, were as follows (in thousands):

2022	$	7,826
2023	7,212
2024	5,921
2025	809
2026	410
Total lease commitments	$	22,178