Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2022

Accounting Policies [Abstract]

Schedule of Cash and Cash Equivalents

The following table summarizes the period ending cash and cash equivalents as presented on the Company's Condensed Consolidated Balance Sheets and the total cash, cash equivalents, and restricted cash as presented on the Condensed Consolidated Statements of Cash Flows (in thousands):

	Three Months Ended March 31,
	2022		2021
Cash and cash equivalents	$	107,839	$	261,013
Customer funds	19,385		21,185
Restricted cash (1)	2,598		2,914
Total cash, cash equivalents, and restricted cash	$	129,822	$	285,112

(1)Restricted cash consists of collateral for letters of credit required for leased office space. At both March 31, 2022 and December 31, 2021, restricted cash is included in other assets in the Condensed Consolidated Balance Sheets. The short-term or long-term classification is determined in accordance with the expiration of the underlying letters of credit.

Schedule of Restricted Cash and Cash Equivalents

The following table summarizes the period ending cash and cash equivalents as presented on the Company's Condensed Consolidated Balance Sheets and the total cash, cash equivalents, and restricted cash as presented on the Condensed Consolidated Statements of Cash Flows (in thousands):

	Three Months Ended March 31,
	2022		2021
Cash and cash equivalents	$	107,839	$	261,013
Customer funds	19,385		21,185
Restricted cash (1)	2,598		2,914
Total cash, cash equivalents, and restricted cash	$	129,822	$	285,112

(1)Restricted cash consists of collateral for letters of credit required for leased office space. At both March 31, 2022 and December 31, 2021, restricted cash is included in other assets in the Condensed Consolidated Balance Sheets. The short-term or long-term classification is determined in accordance with the expiration of the underlying letters of credit.