XML 45 R34.htm IDEA: XBRL DOCUMENT
v3.21.2

Leases (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2021
Leases [Abstract] |
Supplemental cash flow information related to leases | Supplemental cash flow information related to leases for the periods listed are as follows:
| Three Months Ended |  | Six Months Ended
| June 30, |  | June 30,
| 2021 |  | 2020 |  | 2021 |  | 2020
| (In thousands)
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |  |  |  |
Operating cash flows for operating leases | $ | 856 |  |  | $ | 2,131 |  |  | $ | 1,243 |  |  | $ | 4,117 |
Operating cash flows for finance leases | 85 |  |  | — |  |  | 179 |  |  | — |
Financing cash flows for finance leases | 869 |  |  | — |  |  | 1,728 |  |  | — |
Schedule of components of lease costs | The components of lease costs for the quarters ended June 30, 2021 and 2020 are as follows:
| Three Months Ended |  | Six Months Ended
| June 30, |  | June 30,
| 2021 |  | 2020 |  | 2021 |  | 2020
| (In thousands)
Finance lease cost |  |  |  |  |  |  |
Amortization of right of use assets | $ | 900 |  |  | $ | — |  |  | $ | 1,788 |  |  | $ | — |
Interest | 85 |  |  | — |  |  | 179 |  |  | — |
Operating lease cost | 1,624 |  |  | 5,367 |  |  | 3,481 |  |  | 6,764 |
Total lease cost | $ | 2,609 |  |  | $ | 5,367 |  |  | $ | 5,448 |  |  | $ | 6,764 |
| June 30, 2021 |  | June 30, 2020
Weighted Average Remaining Lease Term: |  |  |
Operating leases | 3.0 years |  | 3.4 years
Finance leases | 2.3 years |  | — |
Weighted Average Discount Rate: |  |  |
Operating leases | 7 | % |  | 7 | %
Finance leases | 4 | % |  | — | %
Supplemental balance sheet information related to leases | Supplemental balance sheet information related to leases was as follows:
| Classification on the Consolidated Balance Sheet |  | June 30, 2021 |  | December 31, 2020
|  |  | (In thousands)
Assets |  |  |  |  |
Operating right of use assets | Operating lease right of use assets |  | $ | 307 |  |  | $ | 614 |
Finance right of use assets | Property and equipment, net |  | 8,263 |  |  | 10,045 |
Liabilities |  |  |  |  |
Current liabilities: |  |  |  |  |
Operating lease liability | Operating lease liability |  | $ | 2,711 |  |  | $ | 5,718 |
Finance lease liability | Accrued expenses and other current liabilities |  | 3,563 |  |  | 3,488 |
Non-current liabilities: |  |  |  |  |
Operating lease liability | Operating lease liability, net of current portion |  | 3,250 |  |  | 7,180 |
Finance lease liability | Other liabilities |  | 4,307 |  |  | 6,176 |
Schedule of Future Minimum Lease Payments | Future minimum lease payments under non-cancellable operating and finance leases (with an initial or remaining lease terms in excess of one year) are as follows:
| June 30, 2021
| Operating Leases |  | Finance Leases
| (In thousands)
2021 (remaining six months for June 30, 2021) | $ | 1,740 |  |  | $ | 1,907 |
2022 | 2,619 |  |  | 3,813 |
2023 | 884 |  |  | 2,500 |
2024 | 534 |  |  | — |
2025 | 639 |  |  | — |
Thereafter | 266 |  |  | — |
Total minimum lease payments | 6,682 |  |  | 8,220 |
Less: present value adjustment | (721) |  |  | (350) |
Present value of lease liabilities | $ | 5,961 |  |  | $ | 7,870 |

X
- Definition Assets and Liabilities Lessee + References No definition available. + Details
Name: | lpsn_AssetsAndLiabilitiesLesseeTableTextBlock
Namespace Prefix: | lpsn_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918686-209980 + Details
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918701-209980 + Details
Name: | us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of supplemental cash flow information for the periods presented. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCashFlowSupplementalDisclosuresTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration