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Leases (Tables)
6 Months Ended
Jun. 30, 2024
Leases [Abstract]  
Lessee, Assets And Liabilities
Right-of-use assets and lease liabilities consist of the following at June 30, 2024 and December 31, 2023:
As of June 30,
2024
As of December 31,
2023
Assets
Operating lease right-of-use assets, net$50,609 $43,349 
Finance lease right-of-use assets, net (included in property and equipment, net)5,342 5,794 
Total right-of-use assets$55,951 $49,143 
Liabilities
Current
Current portion of operating lease liabilities$7,450 $6,692 
Current portion of finance lease liabilities (included in accrued other)1,253 1,189 
Long-term8,703 7,881 
Long-term operating lease liabilities46,167 39,803 
Long-term finance lease liabilities (included in other long-term liabilities)4,009 4,548 
Total lease liabilities$58,879 $52,232 
Lease, Cost
The components of lease costs recognized in the condensed consolidated statements of operations and comprehensive (income) loss consist of the following for the three and six month periods ended June 30, 2024 and 2023 and are included in selling, general, and administrative expenses unless otherwise noted:
Three months ended June 30,Six Months Ended June 30,
2024202320242023
Operating lease costs$3,234 $2,931 $5,970 $5,630 
Finance lease costs
Amortization of finance lease right-of-use assets289 233 571233
Interest on finance lease liabilities (included in interest expense)84 44 17044
Variable lease costs655 584 1,2411,162
Total lease costs$4,262 $3,792 $7,952 $7,069 
The cash paid for amounts included in the measurement of lease liabilities for the six months ended June 30, 2024 and 2023 is as follows:
Six Months Ended
June 30,
20242023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$5,961 $4,984 
Operating cash flows from finance leases170 44 
Financing cash flows from finance leases593 233 
ROU assets obtained in exchange for new operating lease liabilities5,720 4,885 
ROU assets obtained in exchange for new finance lease liabilities120 1,103 
Lessee, Operating Lease, Liability, to be Paid, Maturity
The following table reconciles the undiscounted cash flows expected to be paid in each of the next five years and thereafter recorded in the condensed consolidated balance sheets for operating and finance leases as of June 30, 2024:
Operating
Leases
Finance
Leases
2024 (remainder of year after June 30, 2024)$4,855 $773 
202511,725 1,523 
202611,365 1,285 
202710,073 1,220 
20287,733 948 
Thereafter23,733 262 
Total lease payments69,484 6,011 
Less: amount representing interest(15,867)(749)
Present value of lease liabilities53,617 5,262 
Less: current portion of lease liabilities(7,450)(1,253)
Long-term lease liabilities, net of current portion$46,167 $4,009 
Finance Lease, Liability, to be Paid, Maturity
The following table reconciles the undiscounted cash flows expected to be paid in each of the next five years and thereafter recorded in the condensed consolidated balance sheets for operating and finance leases as of June 30, 2024:
Operating
Leases
Finance
Leases
2024 (remainder of year after June 30, 2024)$4,855 $773 
202511,725 1,523 
202611,365 1,285 
202710,073 1,220 
20287,733 948 
Thereafter23,733 262 
Total lease payments69,484 6,011 
Less: amount representing interest(15,867)(749)
Present value of lease liabilities53,617 5,262 
Less: current portion of lease liabilities(7,450)(1,253)
Long-term lease liabilities, net of current portion$46,167 $4,009