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The components of lease expense were as follows:
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| ($ in thousands) |
Classification in the Condensed Consolidated Statements of Income |
Three Months Ended
September 30, |
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Nine Months Ended
September 30, |
| 2020 |
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2019 |
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2020 |
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2019 |
| Operating lease cost (a) |
Cost of sales, exclusive of depreciation and amortization |
$ |
1,115 |
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$ |
1,114 |
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$ |
3,036 |
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$ |
3,369 |
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| Operating lease cost (a) |
Selling, general and administrative |
34 |
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34 |
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102 |
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103 |
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| Total lease cost |
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$ |
1,149 |
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$ |
1,148 |
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$ |
3,138 |
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$ |
3,472 |
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(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 $0.1 million for the nine months ended September 30, 2020 and 2019, respectively.
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Three Months Ended
September 30, |
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Nine Months Ended
September 30, |
| ($ in thousands) |
2020 |
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2019 |
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2020 |
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2019 |
| Cash paid for amounts included in the measurement of lease liabilities: |
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| Operating cash flows used for operating leases |
$ |
925 |
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$ |
1,127 |
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$ |
2,806 |
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$ |
2,260 |
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| Right-of-use assets obtained in exchange for lease obligations: |
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| Operating leases |
$ |
37 |
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$ |
25 |
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$ |
37 |
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$ |
138 |
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September 30, 2020 |
| Weighted-average remaining lease term (in years): |
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| Operating leases |
3.9 |
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| Weighted-average discount rate: |
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| Operating leases |
4.5 |
% |
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