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Leases (Tables)
3 Months Ended
Mar. 31, 2024
Leases [Abstract]  
Summary of Operating Lease Costs

The operating lease costs were as follows (in thousands):

 

 

 

Three Months Ended March 31,

 

 

 

2024

 

 

2023

 

Operating lease cost

 

$

2,810

 

 

$

2,181

 

Operating sublease income

 

 

(286

)

 

 

 

Net operating lease cost

 

$

2,524

 

 

$

2,181

 

Supplemental Cash Flow Information Related to the Company's Leases

Supplemental cash flow information related to the Company’s leases were as follows (in thousands):

 

 

 

Three Months Ended March 31,

 

 

 

2024

 

 

2023

 

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

 

 

 

 

 

 

Operating cash flows from operating leases

 

$

2,405

 

 

$

2,370

 

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

 

 

4,184

 

 

 

304

 

Summary of Balance Sheet Classification of Lease Liabilities

The balance sheet classification of the Company’s lease liabilities was as follows (in thousands):

 

 

 

March 31,
2024

 

 

December 31,
2023

 

Operating lease liabilities

 

 

 

 

 

 

Current portion included in accrued liabilities

 

$

10,453

 

 

$

9,405

 

Operating lease liabilities

 

 

49,189

 

 

 

47,800

 

Total operating lease liabilities

 

$

59,642

 

 

$

57,205

 

 

Summary of Maturities of Lease Liabilities

Maturities of lease liabilities were as follows (in thousands):

 

 

 

Operating Leases

 

Remainder of 2024

 

$

8,067

 

Years ending December 31,

 

 

 

2025

 

 

10,818

 

2026

 

 

10,182

 

2027

 

 

9,940

 

2028

 

 

9,520

 

Thereafter

 

 

20,606

 

Total lease payments

 

 

69,133

 

Less:

 

 

 

Imputed interest

 

 

(9,491

)

Total operating lease liabilities

 

$

59,642