Annual report pursuant to Section 13 and 15(d)

Leases (Tables)

v3.22.4
Leases (Tables)
 12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Lease Cost
Our operating lease cost included the following components for the year ended December 31, (in thousands):
2022 2021 2020
Operating lease cost $ 6,804  $ 5,868  $ 5,032 
Short-term lease cost 204  202  622 
Less: sublease income (294) (152) (666)
Total lease cost, net $ 6,714  $ 5,918  $ 4,988 
Future Minimum Annual Non-cancelable Commitments - Leases
The table below summarizes future minimum lease payments under operating leases, recorded on the balance sheet, as of December 31, 2022 (in thousands):
Year ending December 31,
2023 $ 9,217 
2024 9,424 
2025 9,192 
2026 7,785 
2027 3,666 
Thereafter 6,843 
Minimum lease payments 46,127 
Less: imputed interest (6,533)
Present value of minimum lease payments 39,594 
Less: current portion of lease liabilities(1)
(7,254)
Long-term lease liabilities $ 32,340 
(1) Current portion of lease liabilities are presented within Accrued expenses and other current liabilities on our consolidated balance sheets. Refer to Note (9) "Accrued Expenses and Other Current Liabilities."
Supplemental Lease Information
Other supplemental operating lease information for the year ended December 31, was as follows (in thousands):
2022 2021 2020
Cash paid for amounts included in the measurement of operating lease liabilities $ 7,372  $ 6,309  $ 3,681 
Right-of-use assets obtained in exchange for new operating lease liabilities $ 12,295  $ 11,175  $ 4,728