XML 41 R28.htm IDEA: XBRL DOCUMENT v3.21.1
Leases (Tables)
 3 Months Ended
Mar. 31, 2021
Leases [Abstract]  
Components of Lease Cost
The following table summarizes the components of lease expense for the three months ended March 31, 2021 and 2020 (in thousands):
Three Months Ended
March 31,
20212020
Operating lease cost$882 $1,157 
Short-term lease cost6 6 
Variable lease cost281 290 
Sublease income(84)(84)
    Total lease cost$1,085 $1,369 
Lease Assets and Liabilities
The following table summarizes the presentation in our condensed consolidated balance sheets of our operating leases (in thousands):
March 31, 2021December 31, 2020
Assets:
Operating lease right-of-use assets$8,474 $8,541 
Liabilities:
Operating lease liabilities$3,796 $3,587 
Long-term operating lease liabilities10,558 10,774 
Total operating lease liabilities$14,354 $14,361 
Weighted average remaining lease term (years)6.947.28
Weighted average discount rate3.5 %3.6 %
Lease Liability Maturity
Maturities of lease liabilities were as follows (in thousands):
Years ending December 31,
2021 (excluding the three months ended March 31, 2021)$2,973 
20222,818 
20231,931 
20241,427 
20251,350 
Thereafter5,625 
    Total lease payments16,124 
Less interest(1,770)
    Present value of operating lease liabilities$14,354