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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 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):
Six Months Ended June 30,
20222021
Cash and cash equivalents$147,970 $241,607 
Customer funds23,052 24,618 
Restricted cash (1)2,598 2,596 
Total cash, cash equivalents, and restricted cash$173,620 $268,821 
(1)Restricted cash consists of collateral for letters of credit required for leased office space and 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):
Six Months Ended June 30,
20222021
Cash and cash equivalents$147,970 $241,607 
Customer funds23,052 24,618 
Restricted cash (1)2,598 2,596 
Total cash, cash equivalents, and restricted cash$173,620 $268,821 
(1)Restricted cash consists of collateral for letters of credit required for leased office space and 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.