XML 26 R15.htm IDEA: XBRL DOCUMENT v3.20.2
Leases
6 Months Ended
Jun. 30, 2020
Leases [Abstract]  
Leases Leases
We have operating leases for office space, data centers and certain equipment. Our leases have remaining lease terms of 1 year to 20 years, some of which may include options to extend the leases for up to 5 years, and some of which may include options to terminate the leases within 1 year. Operating lease costs recognized in our condensed consolidated statements of operations for the three months ended June 30, 2020 and 2019 totaled $4.7 million and $3.0 million, including short-term lease costs of $0.1 million. Year-to-date June 30, 2020 and 2019 costs totaled $9.6 million and $5.8 million, including short-term lease costs of $0.3 million and $0.1 million, respectively.

Other information related to our operating leases was as follows:
(in thousands, except lease term and discount rate)As of 
June 30, 
2020
As of 
December 31, 
2019
Balance Sheet Information
  Right-of-use assets$122,721  $128,192  
  Other current liabilities14,673  15,051  
  Operating lease liabilities 111,582  113,648  
Weighted Average Remaining Lease Term
       Operating leases 12.36 years12.59 years
Weighted Average Discount Rate
       Operating leases 5.17 %5.19 %

Three Months Ended 
June 30,
Six Months Ended 
June 30,
(in thousands)2020201920202019
Supplemental Cash Flows Information
    Cash paid for amounts included in the measurement of lease
liabilities
$4,160  $2,925  $8,338  $5,748  
    Right-of-use assets obtained in exchange for lease obligations 1,331  1,142  1,741  1,142  
Future minimum lease payments under non-cancellable operating leases as of June 30, 2020 were as follows:
(in thousands)Operating
Leases
Remainder of 2020$11,920  
202111,629  
202214,995  
202315,065  
202413,792  
Thereafter102,717  
  Total future minimum lease payments170,118  
Less: Imputed interest(43,863) 
    Total$126,255