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Leases (Tables)
3 Months Ended
Mar. 31, 2020
Leases [Abstract]  
Summary of Components of Lease Expense

The components of lease expense were as follows (in thousands):

 

 

Three Months Ended March 31,

 

 

2020

 

 

2019

 

Operating lease cost

$

3,768

 

 

$

3,117

 

Variable lease cost

 

886

 

 

 

594

 

 

Summary of Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to the leases was as follows (in thousands):

 

 

Three Months Ended March 31,

 

 

2020

 

 

2019

 

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

 

 

 

 

Operating cash flows from operating leases

$

2,600

 

 

$

2,216

 

 

 

 

 

 

 

 

 

Right-of-use assets obtained in exchange for lease obligations:

 

 

 

 

 

 

 

Operating leases

 

10,076

 

 

 

3,952

 

 

Summary of Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to the leases was as follows (in thousands):

 

 

As of

 

 

March 31,

 

 

December 31,

 

 

2020

 

 

2019

 

Operating lease right-of-use assets

$

58,667

 

 

$

52,152

 

 

 

 

 

 

 

 

 

Other current liabilities

$

12,556

 

 

$

10,977

 

Operating lease liabilities

 

51,395

 

 

 

45,212

 

Total operating lease liabilities

$

63,951

 

 

$

56,189

 

 

 

 

 

 

 

 

 

Weighted Average Remaining Lease Term (years)

 

 

 

 

 

 

 

Operating leases

6.2

 

 

6.3

 

Weighted Average Discount Rate

 

 

 

 

 

 

 

Operating leases

 

5.6

%

 

 

6.0

%

Schedule of Lease Payments Due Related To Lease Liabilities

 

Lease payments due related to lease liabilities as of March 31, 2020 were as follows (in thousands):

 

 

Related Party

 

 

Non-Related Parties

 

 

Total

 

 

Operating Leases

 

 

Operating Leases

 

 

Operating Leases

 

Remainder of 2020

$

4,200

 

 

$

6,920

 

 

$

11,120

 

2021

 

5,601

 

 

 

9,716

 

 

 

15,317

 

2022

 

5,269

 

 

 

6,516

 

 

 

11,785

 

2023

 

3,613

 

 

 

5,566

 

 

 

9,179

 

2024

 

3,613

 

 

 

4,294

 

 

 

7,907

 

Later years

 

9,666

 

 

 

11,339

 

 

 

21,005

 

Total lease payments

 

31,962

 

 

 

44,351

 

 

 

76,313

 

Less: imputed interest

 

(5,755

)

 

 

(6,607

)

 

 

(12,362

)

Total

$

26,207

 

 

$

37,744

 

 

$

63,951