LEASES (Tables)

3 Months Ended

Mar. 31, 2019



($ in thousands)	Classification on the Condensed Consolidated Balance Sheets	March 31, 2019
Assets:
Operating	Operating lease assets	$	16,137
Finance	Property, plant, and equipment	—
Total leased assets		$	16,137

Liabilities:
Current
Operating	Current portion of operating lease liabilities	$	3,568
Finance	Short-term debt and current portion of long-term debt	—
Noncurrent
Operating	Operating lease liabilities	12,566
Finance	Long-term debt	—
Total lease liabilities		$	16,134



($ in thousands)	Three Months Ended March 31, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows used for operating leases	$	1,133
Operating cash flows used for finance leases	—
Financing cash flows used for finance leases	—
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	113
Finance leases	—



	As of March 31, 2019
Weighted-average remaining lease term (in years):
Operating leases	5.0
Finance leases	0.0
Weighted-average discount rate:
Operating leases	4.5	%
Finance leases	—	%

The components of lease expense were as follows:



($ in thousands)	Classification in the Condensed Consolidated Statements of Income	Three Months Ended March 31, 2019
Operating lease cost (a)	Cost of sales, exclusive of depreciation and amortization	$	1,139
Operating lease cost (a)	Selling, general and administrative	34
Total operating lease cost		$	1,173

Finance lease cost:
Amortization of right-of-use assets	Depreciation	$	—
Interest on lease liabilities	Interest Expense	—
Total finance lease cost		$	—

Total lease cost		$	1,173

(a) Short-term lease costs were approximately $40 thousand during the period.

As of March 31, 2019, maturities of lease liabilities were as follows:

As of March 31, 2019, maturities of lease liabilities were as follows:

Minimum lease commitments as of December 31, 2018 that have initial or remaining lease terms in excess of one year are as follows: