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Leases (Tables)
12 Months Ended
Dec. 31, 2020
Leases [Abstract]  
Lease, cost The table below summarizes the net lease cost recognized during the periods presented:
Year Ended December 31,
20202019
(In thousands)
Operating lease cost$4,717 $4,950 
Short-term lease cost49 95 
Variable lease cost967 781 
Sublease income(55)(71)
Total net lease cost$5,678 $5,755 
The tables below summarize other information related to the Company's operating leases during the periods presented:
Year Ended December 31,
20202019
(In thousands)
Operating cash used for amounts included in the measurement of lease liabilities$4,881 $4,858 
ROU assets obtained in exchange for lease liabilities, excluding adoption impact1,265 1,505 
December 31,
2020
December 31,
2019
Weighted average remaining lease term of operating leases, in years7.28.1
Weighted average discount rate of operating leases3.12 %3.27 %
Lease payment obligations
The following table outlines lease payment obligations as of December 31, 2020 as outlined in the Company’s lease agreements for each of the next five years and thereafter in addition to a reconciliation to the Company’s ROU liability at the date indicated:
Year Ending December 31,
(In thousands)
2021$3,547 
20223,136 
20233,105 
20242,759 
20252,508 
Thereafter6,611 
Total lease payments21,666 
Implied interest(2,391)
ROU liability$19,275