Leases (Tables)

6 Months Ended

Jun. 30, 2021

Leases [Abstract]

Schedule of Maturity of Finance Lease Liability

At June 30, 2021, the maturity of lease liabilities under Topic 842 "Leases" are as follows:

Year	Operating Leases		Financing Leases		Total
	(in thousands)
2021 (Remaining six months)	$	1,944	$	115	$	2,059
2022	3,591		199		3,790
2023	3,205		139		3,344
2024	1,858		114		1,972
2025	1,236		4		1,240
Thereafter	1,566		—		1,566
Total	13,400		571		13,971
Less: present value discount*	(1,361)		(47)		(1,408)
Present value of lease liabilities	12,039		524		12,563
Less: current portion of lease liabilities	(3,249)		(200)		(3,449)
Total long-term lease liabilities	$	8,790	$	324	$	9,114
* The discount rate used was the incremental borrowing rates respective to the country where the assets are located.

Schedule of Maturity of Operating Lease Liability

At June 30, 2021, the maturity of lease liabilities under Topic 842 "Leases" are as follows:

Year	Operating Leases		Financing Leases		Total
	(in thousands)
2021 (Remaining six months)	$	1,944	$	115	$	2,059
2022	3,591		199		3,790
2023	3,205		139		3,344
2024	1,858		114		1,972
2025	1,236		4		1,240
Thereafter	1,566		—		1,566
Total	13,400		571		13,971
Less: present value discount*	(1,361)		(47)		(1,408)
Present value of lease liabilities	12,039		524		12,563
Less: current portion of lease liabilities	(3,249)		(200)		(3,449)
Total long-term lease liabilities	$	8,790	$	324	$	9,114
* The discount rate used was the incremental borrowing rates respective to the country where the assets are located.

Schedule of Lease, Cost

The lease cost is recognized in our Condensed Consolidated Statement of Income in the category of General and Administrative and is summarized as follows:

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2021		2020		2021		2020
	(in thousands)				(in thousands)
Operating Lease Cost	$	1,325	$	1,770	$	2,764	$	3,849
Finance Lease Cost:
Amortization of Lease Assets	59		43		98		87
Interest on Lease Liabilities	12		10		19		21
Finance Lease Cost	71		53		117		108
Sublease Income	(187)		(113)		(225)		(225)
Total Net Lease Cost	$	1,209	$	1,710	$	2,656	$	3,732

Schedule of Other Operating and Finance Lease Information

Other information about lease amounts recognized in our Condensed Consolidated Statement of Income is summarized as follows:

	June 30, 2021
Weighted Average Lease Term - Operating Leases	4.4 years
Weighted Average Lease Term - Finance Leases	3.0 years
Weighted Average Discount Rate - Operating Leases	7.2	%
Weighted Average Discount Rate - Finance Leases	6.7	%

Schedule of Other Commitments

Such arrangements represent further commitments of approximately $44.3 million as follows:

Year	Commitments
	(in thousands)
2021 (Remaining six months)	$	9,351
2022	17,751
2023	17,244
Thereafter	—
Total	$	44,346