Leases (Tables)

12 Months Ended

Dec. 31, 2021

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


	Year Ended December 31, 2021
Finance lease right-of-use assets amortization	$	240
Finance lease interest expense	11
Total Finance Lease Cost	251
Operating lease cost	4,527
Short-term lease cost	97
Variable lease cost	930
Sublease income	(323)
Total lease cost	$	5,482

The weighted-average remaining lease term and discount rate for operating and finance leases, for the year ended December 31, 2021, are as follows:


	Operating Leases		Finance Leases
Weighted-average remaining lease term	10.4 years		2.3 years
Weighted-average discount rate	5.4	%	3.7	%

Supplemental cash flow information related to leases is as follows (in thousands):


	Year Ended December 31, 2021
Cash paid for amounts included in the measurement of operating lease liabilities:
Operating cash flows from operating leases	$	4,797
Operating cash flows from finance leases	$	(11)
Finance cash flows from finance leases	$	(228)
Operating ROU assets obtained in exchange for lease obligations:	$	31,185

Assets And Liabilities, Lessee

The following table indicates the financial statement lines where the Company’s operating and financing lease liabilities and ROU assets are included on the Consolidated Balance Sheets (in thousands):


	As of December 31, 2021		Balance Sheet Classification
Assets:
Operating lease ROU assets	$	28,623	Operating lease right-of-use assets
Finance lease ROU assets	313		Property and equipment, net
Total lease assets	$	28,936

Liabilities:
Current operating lease liabilities	$	3,225	Accrued expenses and other current liabilities
Current finance lease liabilities	163		Current portion of debt and finance lease liabilities, net of deferred financing costs
Non-current operating lease liabilities	32,461		Operating lease liabilities, net of current portion
Non-current finance lease liabilities	150		Debt and finance lease liabilities, net of deferred financing costs and current portion
Total lease liabilities	$	35,999

Lessee, Operating Lease, Liability, Maturity

Future minimum lease payments under non-cancelable operating and finance leases as of December 31, 2021 are as follows (in thousands):


	Operating Leases		Finance Leases
2022	$	5,055	$	172
2023	4,936		93
2024	4,672		38
2025	4,287		19
2026	4,075		4
Thereafter	24,115		—
Total minimum lease payments	47,140		326
Less: Amounts representing interest	(11,454)		(13)
Present value of lease payments	$	35,686	$	313

Finance Lease, Liability, Fiscal Year Maturity

Future minimum lease payments under non-cancelable operating and finance leases as of December 31, 2021 are as follows (in thousands):


	Operating Leases		Finance Leases
2022	$	5,055	$	172
2023	4,936		93
2024	4,672		38
2025	4,287		19
2026	4,075		4
Thereafter	24,115		—
Total minimum lease payments	47,140		326
Less: Amounts representing interest	(11,454)		(13)
Present value of lease payments	$	35,686	$	313