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Leases (Tables) | 12 Months Ended
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Dec. 31, 2020
Leases [Abstract] |
Schedule of Operating Lease Costs | The components of operating lease costs were as follows (in thousands):
|  | Years Ended December 31, |
|  | 2020 |  |  | 2019 |  |  | 2018 |
Fixed lease cost (1) |  | $ | 17,407 |  |  | $ | 6,876 |  |  | $ | 7,188 |
Variable lease cost |  |  | 3,648 |  |  |  | 1,095 |  |  |  | — |
Less: sublease income |  |  | (5,423 | ) |  |  | — |  |  |  | — |
Total operating lease cost |  | $ | 15,632 |  |  | $ | 7,971 |  |  | $ | 7,188 |
(1) Includes short-term leases costs, which were immaterial.
Schedule of Other Information Related to Leases | Other information related to leases was as follows (in thousands, except lease term and discount rate):
|  | Years Ended December 31, |
|  | 2020 |  |  | 2019 |
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |  |  |  |  |
Operating cash flows from operating leases |  | $ | 16,770 |  |  | $ | 6,183 |
ROU assets obtained in exchange for new lease liabilities: |  |  |  |  |  |  |  |
Operating leases |  | $ | 5,775 |  |  | $ | 5,612 |
|  | December 31, 2020 |  |  | December 31, 2019 |
Weighted-average remaining lease term (years): |  |  |  |  |  |  |  |
Operating leases |  | 5.1 |  |  | 4.6 |
Weighted-average discount rate: |  |  |  |  |  |  |  |
Operating leases |  |  | 5.2 | % |  |  | 5.7 | %
Schedule of Future Minimum Lease Payments and Related Lease Liabilities | Future minimum lease payments and related lease liabilities as of December 31, 2020 were as follows (in thousands):
|  | Operating Lease Payments (1) |  |  | Sublease Income |  |  | Net Operating Lease Payments |
2021 |  | $ | 21,825 |  |  | $ | (6,257 | ) |  | $ | 15,568 |
2022 |  |  | 18,420 |  |  |  | (6,117 | ) |  |  | 12,303 |
2023 |  |  | 16,776 |  |  |  | (6,231 | ) |  |  | 10,545 |
2024 |  |  | 15,719 |  |  |  | (6,293 | ) |  |  | 9,426 |
2025 |  |  | 14,635 |  |  |  | (6,279 | ) |  |  | 8,356 |
Thereafter |  |  | 8,966 |  |  |  | (935 | ) |  |  | 8,031 |
Total lease payments |  |  | 96,341 |  |  |  | (32,112 | ) |  |  | 64,229 |
Less: imputed interest |  |  | (12,205 | ) |  |  | — |  |  |  | (12,205 | )
Present value of lease liabilities: |  | $ | 84,136 |  |  | $ | (32,112 | ) |  | $ | 52,024 |
Less: current obligations under leases (accrued liabilities) |  |  | 17,893 |  |  |  |  |  |  |  |  |
Noncurrent operating lease liabilities |  | $ | 66,243 |  |  |  |  |  |  |  |  |
(1) Future minimum lease payments exclude short-term leases as well as payments to landlords for variable common area maintenance, insurance and real estate taxes. As of December 31, 2019, future minimum lease payments were as follows (in thousands):
|  | Operating Leases |
2020 |  | $ | 6,387 |
2021 |  |  | 4,558 |
2022 |  |  | 3,259 |
2023 |  |  | 3,235 |
2024 |  |  | 2,619 |
Thereafter |  |  | 1,977 |
Total lease payments |  |  | 22,035 |
Less: imputed interest |  |  | (2,776 | )
Present value of lease liabilities |  | $ | 19,259 |
Less: current obligations under leases (accrued liabilities) |  |  | 5,845 |
Noncurrent operating lease liabilities |  | $ | 13,414 |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918686-209980 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918701-209980 + Details
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- Definition Tabular disclosure for lessee's operating leases. Includes, but is not limited to, description of lessee's operating lease, existence and terms of renewal or purchase options and escalation clauses, restrictions imposed by lease, such as those concerning dividends, additional debt, and further leasing, rent holidays, rent concessions, or leasehold improvement incentives and unusual provisions or conditions. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 10 -Section 55 -Paragraph 40 -Subparagraph (Note 1,3) -URI http://asc.fasb.org/extlink&oid=121580752&loc=d3e38371-112697 Reference 2: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121573735&loc=d3e41499-112717 Reference 3: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 460 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=121555522&loc=d3e12069-110248 Reference 4: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121573735&loc=d3e41502-112717 Reference 5: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121549808&loc=d3e36991-112694 + Details
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