Leases (Tables)

3 Months Ended

Mar. 31, 2019

Schedules of Lease Cost and Other Information



			Three Months Ended
(In thousands)			March 31, 2019
Finance lease cost
Amortization of right-of-use assets⁽¹⁾			$	574
Interest on lease liabilities			73
Total finance lease cost			$	647

Operating lease cost⁽¹⁾
Fixed lease cost			$	3,174
Short-term lease cost			179
Variable lease cost			429
Sublease income			(389		)
Total operating lease cost			$	3,393

⁽¹⁾The lease costs, net of sublease income, are reflected in the Condensed Consolidated Statement of Operations and Comprehensive Loss as follows:
	Three Months Ended March 31, 2019
(In thousands)	Amortization of Right-of-Use Assets		Operating Lease Cost
Cost of revenues	$	421	$	1,101
Selling and marketing	61		1,164
Research and development	61		749
General and administrative	31		379
	$	574	$	3,393

Other information related to leases was as follows:



	Three Months Ended
(In thousands)	March 31, 2019
Supplemental Cash Flows Information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from finance leases	$	73
Operating cash flows from operating leases	5,159
Financing cash flows from finance leases	694
Right-of-use assets obtained in exchange for lease obligations:
Right-of-use assets obtained in exchange for new operating lease liabilities	$	336

Maturities of Operating Lease Liabilities

Maturities of finance and operating lease liabilities as of March 31, 2019 were as follows⁽¹⁾:




(In thousands)	Operating Leases			Finance Leases
Remainder of 2019	$	9,972		$	1,458
2020	12,806			479
2021	12,288			287
2022	9,127			75
2023	9,726			43
Thereafter	31,478			—
Total lease payments	85,397			2,342
Less: imputed interest	(31,029		)	(181		)
Total lease liabilities	54,368			2,161
Less: current lease liabilities	(6,629		)	(1,458		)
Total non-current lease liabilities	$	47,739		$	703

⁽¹⁾As of March 31, 2019, the Company has a rental commitment of approximately $4.4 million for equipment that has not yet commenced. This finance lease is expected to commence in the second quarter of 2019 with a lease term of 36 months.

Maturities of Finance Lease Liabilities

Maturities of finance and operating lease liabilities as of March 31, 2019 were as follows⁽¹⁾:




(In thousands)	Operating Leases			Finance Leases
Remainder of 2019	$	9,972		$	1,458
2020	12,806			479
2021	12,288			287
2022	9,127			75
2023	9,726			43
Thereafter	31,478			—
Total lease payments	85,397			2,342
Less: imputed interest	(31,029		)	(181		)
Total lease liabilities	54,368			2,161
Less: current lease liabilities	(6,629		)	(1,458		)
Total non-current lease liabilities	$	47,739		$	703

Schedule of Future Expected Cash Receipts From Subleases

Future expected cash receipts from subleases as of March 31, 2019 were as follows:




(In thousands)	Sublease Receipts
Remainder of 2019	$	1,186
2020	1,693
2021	1,597
2022	1,551
2023	1,145
Thereafter	2,905
Total sublease receipts	$	10,077

Schedule of Future Minimum Lease Payments for Capital Leases

Future minimum payments under capital leases with initial terms of one year or more were as follows:



	As of
(In thousands)	December 31, 2018
2019	$	2,582
2020	744
2021	417
2022	76
2023	44
Total minimum lease payments	3,863
Less amount representing interest	260
Present value of net minimum lease payments	3,603
Less current portion	2,421
Capital lease obligations, long-term	$	1,182

Schedule of Future Minimum Payments Under Non-cancellable Operating Leases

Future minimum lease commitments and sublease receipts under non-cancelable lease agreements with initial terms of one year or more in effect as of December 31, 2018 were as follows:



(In thousands)	Operating Lease Commitment		Sublease Receipts
2019	$	14,780	$	1,385
2020	13,027		1,693
2021	12,259		1,597
2022	9,322		1,551
2023	9,722		1,145
Thereafter	31,475		2,905
Total minimum lease payments	$	90,585	$	10,276