Annual report pursuant to Section 13 and 15(d)

LEASE AGREEMENTS (Tables)

v3.22.0.1
LEASE AGREEMENTS (Tables)
12 Months Ended
Dec. 31, 2021
LEASES  
Schedule of components of operating lease expense

The components of our operating lease expense for the periods presented were as follows (in thousands):

Year Ended December 31,

2021

2020

2019

Fixed operating lease expense

    

$

5,360

    

$

5,360

    

$

5,248

Variable operating lease expense

910

926

745

Total operating lease expense

 

$

6,270

 

$

6,286

 

$

5,993

Schedule of supplemental information related to operating lease

Supplemental information related to the Company’s operating lease for the periods presented were as follows (in thousands):

Year Ended December 31,

2021

2020

2019

Cash payments included in the measurement of operating lease liabilities

$

10,082

$

9,694

$

9,321

Schedule of operating sublease information

We have the following operating sublease information for the periods presented (in thousands):

Year Ended December 31,

2021

2020

2019

Fixed sublease expense

    

$

4,381

    

$

4,381

    

$

4,381

Variable sublease expense

917

962

829

Sublease income

(5,298)

(5,343)

(5,210)

Net

 

$

 

$

 

$

Schedule of future minimum lease payments

As of December 31, 2021, future minimum lease payments and obligations under our noncancelable operating lease, net of expected sublease receipts, were as follows (in thousands):

Operating Lease

Sublease Receipts

Net

For year ending December 31,

2022

$

10,485

(4,716)

$

5,769

2023

877

(394)

483

Total minimum payments required

$

11,362

$

(5,110)

$

6,252