Lifting and Extracting

A simple cut in the timeline means to simply cut out a portion of the clip. When you cut, the other clips in the timeline stay in the same place.
A ripple edit is when you cut out a portion of a clip the same as a simple cut. You do this by right clicking on the selected clip to cut and select ripple delete. When you ripple delete, the other clips to the right of the deleted clip shift over. Lifting and extracting are two ways to cut the video in the program panel at one time. To do this, you set in and out points to decide the area of the clip you want to extract or lift. Lifting is like a simple cut, while extracting is like ripple deleting, in terms of what happens to the other clips in the timeline.
This is an example of an extraction edit, or a ripple delete. I decided to edit the two clips where I did because it shows the firts rider jumping tthen it cuts to the other rider watching for a second or two.