UILabel subclass with configurable insets

PaddingLabel.swift

import Foundation
import UIKit

@IBDesignable public class PaddingLabel: UILabel {

    @IBInspectable public var topInset: CGFloat = 5.0
    @IBInspectable public var bottomInset: CGFloat = 5.0
    @IBInspectable public var leftInset: CGFloat = 7.0
    @IBInspectable public var rightInset: CGFloat = 7.0

    public override func drawText(in rect: CGRect) {
        let insets = UIEdgeInsets(top: topInset, left: leftInset, bottom: bottomInset, right: rightInset)
        super.drawText(in: rect.inset(by: insets))
    }

    public override var intrinsicContentSize: CGSize {
        let size = super.intrinsicContentSize
        return CGSize(width: size.width + leftInset + rightInset,
                      height: size.height + topInset + bottomInset)
    }

    public override var bounds: CGRect {
        didSet {
            preferredMaxLayoutWidth = bounds.width - (leftInset + rightInset)
        }
    }
}