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Leases
12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Leases
Note 9. Leases
The Company primarily leases facilities for office and data center space under non-cancelable operating leases for its U.S. and international locations. As of December 31, 2023, non-cancelable leases expire on various dates between 2024 and 2029.
Generally, the non-cancelable leases include one or more options to renew, with renewal terms that can extend the lease term from one to five years or more. The Company has the right to exercise or forego the lease renewal options. The lease agreements do not contain any material residual value guarantees or material restrictive covenants.
As of December 31, 2023 and 2022, the balance sheet components of leases were as follows (in thousands):
December 31, 2023December 31, 2022
Operating lease right-of-use assets$42,989 $35,433 
Accrued liabilities$16,707 $17,513 
Operating lease liabilities28,178 20,182 
Total operating lease liabilities$44,885 $37,695 
The components of operating lease expense were as follows (in thousands):
Twelve Months Ended December 31,
202320222021
Operating lease cost (1)
$23,315 $22,800 $21,317 
Variable lease cost4,412 3,930 3,736 
Total lease cost$27,727 $26,730 $25,053 

    (1) Includes short-term lease costs, which were not material in the years ended December 31, 2023, 2022, and 2021.
As of December 31, 2023, maturities of operating lease liabilities were as follows (in thousands):
Year Ending December 31,
2024$18,643 
202513,018 
202610,219 
20274,594 
20282,634 
2029 onwards701 
Total future minimum lease payments49,809 
Less: Imputed interest(4,924)
Present value of lease liabilities$44,885 
The supplemental cash flow information related to operating leases were as follows (in thousands):
Year ended December 31,
20232022
Operating cash flows resulting from operating leases:
Cash paid for amounts included in the measurement of lease liabilities$22,844 $22,899 
New ROU assets obtained in exchange of lease liabilities:
Operating leases$27,846 $8,771 
Other information related to operating leases were as follows:
December 31, 2023December 31, 2022
Weighted-average remaining operating lease term (years)3.03.1
Weighted-average operating lease discount rate%%
As of December 31, 2023, the Company has additional operating leases of approximately $1.4 million that have not yet commenced and as such, have not yet been recognized on the Consolidated Balance Sheets. These operating leases are expected to commence in the second quarter of 2024 with lease terms of up to 5 years.