XML 56 R41.htm IDEA: XBRL DOCUMENT v3.22.2
Leases (Tables)
 6 Months Ended
Jun. 30, 2022
Leases [Abstract]  
Schedule of primary office leases and maturity of lease liabilities
The following table summarizes our primary office leases as of June 30, 2022 (in thousands, other than term):
LocationLease Termination Term (in years)Future Minimum Lease CommitmentsLetter of Credit Amount Required
Arlington, VA9.6$34,014 $1,579 
Riverside, IL 8.839,712 232 
Edison, NJ3.81,981 222 
Pune, India1.3864 — 
Brea, CA4.94,304 — 
Maturity of lease liabilities (in thousands) as of June 30, 2022, is as follows:
Operating lease expense
2022$5,196 
202310,271 
202410,025 
20259,651 
20268,987 
Thereafter40,377 
Total lease payments84,507 
Less:
Interest19,537 
Present value of lease liabilities$64,970 
Schedule of components of lease expense, weighted-average discount rate and weighted-remaining lease terms
The following table summarizes the components of our lease expense (in thousands):
For the Three Months Ended June 30,For the Six Months Ended June 30,
2022202120222021
Operating lease cost$2,231 $2,437 $4,505 $7,255 
Variable lease cost1,171 1,192 2,497 2,513 
Total lease cost$3,402 $3,629 $7,002 $9,768 
Our weighted-average discount rate and our weighted remaining lease terms (in years) are as follows:

June 30, 2022
Weighted average discount rate6.30 %
Weighted average remaining lease term8.3