Leases (Tables)
|
12 Months Ended |
Dec. 31, 2021 |
|---|
| Leases [Abstract] |
|
| Schedule of Lease Expense and Other Supplemental Information |
Lease expense consisted of the following for the years ended December 31, 2021 and 2020 (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, |
|
2021 |
|
2020 |
| Operating lease expense |
$ |
9,156 |
|
|
$ |
13,735 |
|
| Short-term lease expense |
335 |
|
|
812 |
|
| Finance lease expense: |
|
|
|
| Amortization of right-of-use assets |
1,582 |
|
|
1,311 |
|
| Interest on lease liabilities |
202 |
|
|
203 |
|
| Total lease expense |
$ |
11,275 |
|
|
$ |
16,061 |
|
Other supplemental information related to leases for the years ended December 31, 2021 and 2020 is as follows (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, |
|
2021 |
|
2020 |
| Cash paid for amounts included in the measurement of lease liabilities: |
|
|
|
| Operating cash flows from operating leases |
$ |
9,284 |
|
|
$ |
13,643 |
|
| Operating cash flows from finance leases |
202 |
|
|
203 |
|
| Financing cash flows from finance leases |
1,677 |
|
|
1,318 |
|
| Right-of-use assets obtained in exchange for lease obligations: |
|
|
|
| Operating leases |
$ |
594 |
|
|
$ |
(10,260) |
|
| Finance leases |
1,750 |
|
|
2,431 |
|
`
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, |
|
2021 |
|
2020 |
| Weighted-average remaining lease term: |
|
|
|
| Operating leases |
3.1 years |
|
3.2 years |
| Finance leases |
3.3 years |
|
4.2 years |
| Weighted-average discount rate: |
|
|
|
| Operating leases |
3.3 |
% |
|
3.5 |
% |
| Finance leases |
3.3 |
% |
|
3.5 |
% |
|
| Schedule of Lease Assets and Liabilities |
Supplemental balance sheet information related to leases as of December 31, 2021 and 2020 is as follows (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, |
|
2021 |
|
2020 |
| Operating leases: |
|
|
|
| Operating lease right-of-use assets |
$ |
12,168 |
|
|
$ |
20,179 |
|
| Current operating lease liability |
5,942 |
|
|
8,618 |
|
| Long-term operating lease liability |
5,918 |
|
|
11,377 |
|
| Finance leases: |
|
|
|
| Property and equipment, net |
$ |
6,065 |
|
|
$ |
6,065 |
|
| Accrued expenses and other current liabilities |
1,834 |
|
|
1,499 |
|
| Other liabilities |
4,375 |
|
|
4,618 |
|
|
| Schedule of Finance Lease Liabilities |
Maturities of lease liabilities as of December 31, 2021 are as follows (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating Leases |
|
Finance Leases |
| 2022 |
$ |
6,214 |
|
|
$ |
2,005 |
|
| 2023 |
3,600 |
|
|
2,261 |
|
| 2024 |
1,641 |
|
|
965 |
|
| 2025 |
517 |
|
|
524 |
|
| 2026 |
147 |
|
|
795 |
|
| Thereafter |
407 |
|
|
— |
|
| Total lease payments |
12,526 |
|
|
6,550 |
|
| Less: Present value discount |
666 |
|
|
341 |
|
| Present value of lease payments |
$ |
11,860 |
|
|
$ |
6,209 |
|
|
| Schedule of Operating Lease Liabilities |
Maturities of lease liabilities as of December 31, 2021 are as follows (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating Leases |
|
Finance Leases |
| 2022 |
$ |
6,214 |
|
|
$ |
2,005 |
|
| 2023 |
3,600 |
|
|
2,261 |
|
| 2024 |
1,641 |
|
|
965 |
|
| 2025 |
517 |
|
|
524 |
|
| 2026 |
147 |
|
|
795 |
|
| Thereafter |
407 |
|
|
— |
|
| Total lease payments |
12,526 |
|
|
6,550 |
|
| Less: Present value discount |
666 |
|
|
341 |
|
| Present value of lease payments |
$ |
11,860 |
|
|
$ |
6,209 |
|
|