IBDesignable UILabel with rounded corners and paddings

RoundedLabel.swift

import UIKit

@IBDesignable
class RoundedLabel: UILabel {
	
	var edgeInsets: UIEdgeInsets {
		if autoPadding {
			if cornerRadius == 0 {
				return UIEdgeInsets.zero
			} else {
				return UIEdgeInsets(top: 1, left: 4, bottom: 1, right: 4)
			}
		} else {
			return UIEdgeInsets(top: verticalPadding, left: horizontalPadding, bottom: verticalPadding, right: horizontalPadding)
		}
	}
	
	@IBInspectable var horizontalPadding: CGFloat = 0
	@IBInspectable var verticalPadding: CGFloat = 0
	@IBInspectable var autoPadding: Bool = true
	
	@IBInspectable var cornerRadius: CGFloat = 0 {
		didSet {
			layer.cornerRadius = cornerRadius
			layer.masksToBounds = cornerRadius > 0
		}
	}

	override func drawText(in rect: CGRect) {
		super.drawText(in: UIEdgeInsetsInsetRect(rect, edgeInsets))
	}
	
	override var intrinsicContentSize: CGSize {
		var size = super.intrinsicContentSize
		
		let edgeInsets = self.edgeInsets
		size.width += edgeInsets.left + edgeInsets.right
		size.height += edgeInsets.top + edgeInsets.bottom
		
		return size
	}
	
}

This is well done

Line 30 update:

super.drawText(in: rect.inset(by: edgeInsets))