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LEASES | 9 Months Ended
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Sep. 30, 2024
LEASES |
LEASES | NOTE 9 — LEASES The table below summarizes the right-of-use assets and lease liabilities in the Company’s Condensed Consolidated Balance sheets: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Operating Leases |  | Balance Sheet Classification |  | September 30, 2024 |  | December 31, 2023
Right-of-use assets |  | Other assets | ​ | $ | 58,565 | ​ | $ | 53,284
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Current liabilities |  | Other current liabilities | ​ | $ | 13,794 | ​ | $ | 13,104
Noncurrent liabilities |  | Other liabilities | ​ |  | 46,330 | ​ |  | 41,576
Total lease liabilities |  |  | ​ | $ | 60,124 | ​ | $ | 54,680
​ Total lease expense, which is included in Cost of goods sold and Selling, general & administrative expenses in the Company’s Consolidated Statements of Income, was $5,657 and $18,390 in the three and nine months ended September 30, 2024 and $5,322 and $11,173 in the three and nine months ended September 30, 2023, respectively. Cash paid for amounts included in the measurement of lease liabilities for the three and nine months ended September 30, 2024, respectively, were $3,771 and $11,918 and are included in Net cash provided by operating activities in the Company’s Consolidated Statements of Cash Flows. Cash paid for amounts included in the measurement of lease liabilities for the three and nine months ended September 30, 2023, respectively, were $3,494 and $9,716 and are included in Net cash provided by operating activities in the Company’s Consolidated Statements of Cash Flows. Right-of-use assets obtained in exchange for operating lease liabilities were $5,426 and $16,043 during the three and nine months ended September 30, 2024 and $1,077 and $6,410 during the three and nine months ended September 30, 2023, respectively. The total future minimum lease payments for noncancelable operating leases were as follows: ​
​ | ​ | ​ | ​
​ |  | September 30, 2024
2024 | ​ | $ | 5,404
2025 | ​ |  | 15,311
2026 | ​ |  | 12,570
2027 | ​ |  | 10,093
2028 | ​ |  | 8,190
After 2028 | ​ |  | 17,069
Total lease payments | ​ | $ | 68,637
Less: Imputed interest | ​ |  | 8,513
Operating lease liabilities | ​ | $ | 60,124
​ As of September 30, 2024 the weighted average remaining lease term is 6.5 years and the weighted average discount rate used to determine the operating lease liability is 3.7%.

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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//842-20/tableOfContent + Details
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