Leases (Tables)

6 Months Ended

Jun. 30, 2021

Leases [Abstract]

Components of Lease Expense

Components of lease expense required by ASC 842 are presented below for the three and six months ended June 30, 2021 and 2020.

	Three Months Ended June 30,
	2021		2020
	(in thousands)
Lease cost
Operating lease cost	$	1,479	$	1,394
Short-term lease cost	269		124
Variable lease cost	(603)		116
Total lease cost	$	1,145	$	1,634

	Six Months Ended June 30,
	2021		2020
	(in thousands)
Lease cost
Operating lease cost	$	2,918	$	2,749
Short-term lease cost	436		253
Variable lease cost	(531)		262
Total lease cost	$	2,823	$	3,264

Supplemental Information Required by ASC 842

Supplemental information required by ASC 842 is presented below for the six months ended June 30, 2021 and 2020.

	Six Months Ended June 30,
	2021			2020
	(dollar amounts in thousands)
Other information
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	3,243		$	2,793
Weighted-average remaining lease term — operating leases	5.2 years			5.1 years
Weighted-average discount rate — operating leases	4.2		%	4.9		%

Schedule of Future Minimum Lease Payments

The following is a schedule by calendar year of future minimum lease payments under operating leases that have remaining terms as of June 30, 2021:

Period/Year	Operating Leases
	(in thousands)
July 1 to December 31, 2021	$	3,195
2022	5,497
2023	3,649
2024	1,716
2025	1,311
2026	1,337
Thereafter	2,867
Total minimum lease payments	$	19,572
Less: imputed lease discount	1,778
Present value of lease liabilities	$	17,794