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Leases (Tables)
 12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Summary of Components of Lease Expense

The components of lease expense were as follows (in thousands):

 

 

Years Ended December 31,

 

 

2024

 

 

2023

 

 

2022

 

Operating lease cost

$

11,542

 

 

$

12,671

 

 

$

14,284

 

Short-term lease cost

 

1,095

 

 

 

981

 

 

 

754

 

Variable lease cost

 

4,817

 

 

 

4,394

 

 

 

5,416

 

Sublease income

 

(524

)

 

 

(521

)

 

 

(746

)

Total lease cost

$

16,930

 

 

$

17,525

 

 

$

19,708

 

 
Summary of Additional Lease Information

Additional lease information is summarized in the following table (in thousands, except lease term and discount rate):

 

 

 

Years Ended December 31,

 

 

 

2024

 

 

2023

 

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

 

$

14,570

 

 

$

13,839

 

Operating ROU assets obtained in exchange for
   lease obligations

 

$

408

 

 

$

1,110

 

Weighted-average remaining lease term - operating
   leases (years)

 

 

3.7

 

 

 

4.3

 

Weighted-average discount rate - operating leases

 

 

4.1

%

 

 

4.3

%
Summary of Future Minimum Lease Payments Under Non-Cancelable Leases

Future minimum lease payments under non-cancelable leases as of December 31, 2024 are as follows (in thousands):

 

 

 

Operating Lease

 

 

 

Payments

 

2025

 

$

13,898

 

2026

 

 

12,302

 

2027

 

 

5,694

 

2028

 

 

2,865

 

2029

 

 

2,838

 

Thereafter

 

 

3,169

 

Total lease payments

 

 

40,766

 

Less imputed interest

 

 

(3,199

)

Present value of lease liabilities

 

$

37,567

 
Summary of Lease Balances

Lease balances are as follows (in thousands):

 

 

 

As of

 

 

 

December 31, 2024

 

Operating lease ROU assets

 

$

27,049

 

 

 

 

 

Short-term operating lease liabilities (1)

 

$

12,758

 

Non-current operating lease liabilities

 

 

24,809

 

Total operating lease liabilities

 

$

37,567

 
(1)
Included in accrued expenses and other current liabilities in the Consolidated Balance Sheets.