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OPERATING LEASES (Tables)
3 Months Ended
Mar. 31, 2019
Leases [Abstract]  
Assets And Liabilities Lessee [Table Text Block]



 

 

 

 

 

 



 

 

 

(Upon ASC 842 Adoption)

 

 



 

March 31,

 

January 1,

 

 

($ in thousands)

 

2019

 

2019

 

Financial Statement Line Item

Assets:

 

 

 

 

 

 

Operating ROU Assets

$

1,037 

$

1,136 

 

Leased assets



 

 

 

 

 

 

Liabilities:

 

 

 

 

 

 

Current

 

 

 

 

 

 

Operating

$

529 

$

626 

 

Other current liabilities

Noncurrent

 

 

 

 

 

 

Operating

 

517 

 

544 

 

Long-term lease liabilities

Total leased liabilities

$

1,046 

$

1,170 

 

 



Lessee, Operating Lease, Liability, Maturity [Table Text Block]



 

 



 

Operating

($ in thousands)

 

Leases

04/01/2019 through 12/31/2019

$

493 

2020

 

298 

2021

 

177 

2022

 

86 

2023

 

67 

After 2023

 

 -

Total lease payments

 

1,121 

Less: Interest

 

75 

Present value of lease liabilities

$

1,046 



Lease, Cost, Supplemental [Table Text Block]



 

 

 



 

March 31,

 



 

2019

 

Weighted-average remaining lease term (years)

 

 

 

Operating leases

 

1.8 

 



 

 

 

Weighted-average discount rate

 

 

 

Operating leases

 

5.3 

%



Schedule of Cash Flow, Lease Supplemental Disclosures [Table Text Block]



 

 



 

March 31,

($ in thousands)

 

2019

Cash paid for amounts included in the measurement of lease liabilities

 

 

Operating cash flows from operating leases

$

221 



 

 

Right-of-use assets obtained in exchange for lease obligations

 

 

Operating leases

$

84 



Lease, Cost [Table Text Block]







 

 

 

 



 

March 31,

 

 

($ in thousands)

 

2019

 

Financial Statement Line Item

Operating lease expenses - Manufacturing & Sourcing (1)

$

161 

 

Cost of goods sold

Operating lease expenses (1)

 

63 

 

Operating expenses

Total lease expenses

$

224 

 

 



(1) includes short-term lease expenses of approximately $27,000 for the three months ended March 31, 2019.