LEASES (Tables)

9 Months Ended

Sep. 30, 2020

Leases [Abstract]

Lease Cost

The components of lease expense were as follows:

($ in thousands)	Classification in the Condensed Consolidated Statements of Income	Three Months Ended September 30,				Nine Months Ended September 30,
		2020		2019		2020		2019
Operating lease cost (a)	Cost of sales, exclusive of depreciation and amortization	$	1,115	$	1,114	$	3,036	$	3,369
Operating lease cost (a)	Selling, general and administrative	34		34		102		103
Total lease cost		$	1,149	$	1,148	$	3,138	$	3,472

(a) Short-term lease costs were approximately $0.2 million and $0.1 million for the three months ended September 30, 2020 and 2019, respectively. Short-term lease costs were approximately $0.3 million and $0.1 million for the nine months ended September 30, 2020 and 2019, respectively.

	Three Months Ended September 30,				Nine Months Ended September 30,
($ in thousands)	2020		2019		2020		2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows used for operating leases	$	925	$	1,127	$	2,806	$	2,260
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$	37	$	25	$	37	$	138

	September 30, 2020
Weighted-average remaining lease term (in years):
Operating leases	3.9
Weighted-average discount rate:
Operating leases	4.5	%

Schedule of Lease Assets and Liabilities

($ in thousands)	Classification on the Condensed Consolidated Balance Sheets	September 30, 2020		December 31, 2019
Assets:
Operating	Operating lease assets	$	11,154	$	13,512
Total leased assets		$	11,154	$	13,512
Liabilities:
Current:
Operating	Current portion of operating lease liabilities	$	3,148	$	3,174
Noncurrent:
Operating	Operating lease liabilities	8,006		10,338
Total lease liabilities		$	11,154	$	13,512

Operating Lease Maturities

As of September 30, 2020, maturities of lease liabilities were as follows:

($ in thousands)	Operating Leases
2020	$	902
2021	3,553
2022	3,231
2023	2,339
2024	1,026
Thereafter	1,082
Total lease payments	$	12,133
Less: Interest	979
Total lease obligations	$	11,154