$LCUT
LIFETIME BRANDS, INC

2018 Q4 Form 10-Q Financial Statement

#000119312518322366 Filed on November 08, 2018

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3 2017 Q3
Revenue $228.3M $209.4M $166.0M
YoY Change 24.89% 26.21% -2.45%
Cost Of Revenue $143.5M $135.7M $108.8M
YoY Change 28.7% 24.73% -2.71%
Gross Profit $84.80M $73.79M $57.19M
YoY Change 19.1% 29.02% -1.94%
Gross Profit Margin 37.14% 35.23% 34.46%
Selling, General & Admin $60.90M $42.11M $34.09M
YoY Change -6.45% 23.54% 3.27%
% of Gross Profit 71.82% 57.08% 59.61%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $6.520M $6.080M $4.070M
YoY Change 86.82% 49.39% -13.03%
% of Gross Profit 7.69% 8.24% 7.12%
Operating Expenses $60.80M $42.11M $34.09M
YoY Change -6.61% 23.54% 3.27%
Operating Profit $24.00M $12.30M $9.333M
YoY Change 293.44% 31.82% -13.44%
Interest Expense -$5.700M $5.634M $1.172M
YoY Change -242.5% 380.72% -4.79%
% of Operating Profit -23.75% 45.79% 12.56%
Other Income/Expense, Net
YoY Change
Pretax Income $17.30M $6.669M $8.161M
YoY Change 78.35% -18.28% -14.55%
Income Tax $6.900M $900.0K $3.505M
% Of Pretax Income 39.88% 13.5% 42.95%
Net Earnings $10.00M $5.948M $4.330M
YoY Change 669.23% 37.37% -32.89%
Net Earnings / Revenue 4.38% 2.84% 2.61%
Basic Earnings Per Share $0.29 $0.30
Diluted Earnings Per Share $490.2K $0.29 $0.29
COMMON SHARES
Basic Shares Outstanding 20.76M shares 20.36M shares 14.57M shares
Diluted Shares Outstanding 20.48M shares 15.04M shares

Balance Sheet

Concept 2018 Q4 2018 Q3 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $7.600M $5.800M $5.500M
YoY Change 0.0% 5.45% -5.17%
Cash & Equivalents $7.647M $5.763M $5.533M
Short-Term Investments
Other Short-Term Assets $10.80M $13.30M $7.100M
YoY Change 3.85% 87.32% -14.46%
Inventory $173.6M $209.2M $175.6M
Prepaid Expenses
Receivables $125.3M $147.5M $119.7M
Other Receivables $1.400M $3.000M $900.0K
Total Short-Term Assets $318.8M $378.7M $308.9M
YoY Change 23.37% 22.61% -2.8%
LONG-TERM ASSETS
Property, Plant & Equipment $25.76M $26.46M $20.09M
YoY Change 11.69% 31.68% -6.13%
Goodwill $91.69M $102.0M $15.77M
YoY Change 481.35% 547.17% -12.91%
Intangibles $247.2M
YoY Change 239.94%
Long-Term Investments $22.60M $25.00M $24.50M
YoY Change -5.83% 2.04% 8.89%
Other Assets $1.844M $1.825M $1.768M
YoY Change 5.37% 3.22% -15.97%
Total Long-Term Assets $389.8M $421.7M $144.8M
YoY Change 172.38% 191.15% -3.52%
TOTAL ASSETS
Total Short-Term Assets $318.8M $378.7M $308.9M
Total Long-Term Assets $389.8M $421.7M $144.8M
Total Assets $708.6M $800.4M $453.7M
YoY Change 76.47% 76.41% -3.03%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $38.17M $60.03M $47.99M
YoY Change 49.9% 25.09% -2.52%
Accrued Expenses $45.46M $61.29M $45.34M
YoY Change 3.03% 35.19% -13.39%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $100.0K $100.0K
YoY Change -100.0% 0.0% 0.0%
Long-Term Debt Due $1.300M $1.200M
YoY Change
Total Short-Term Liabilities $84.88M $122.6M $93.45M
YoY Change 18.68% 31.24% -16.22%
LONG-TERM LIABILITIES
Long-Term Debt $304.8M $350.2M $128.5M
YoY Change 221.86% 172.53% -1.68%
Other Long-Term Liabilities $23.34M $21.17M $17.43M
YoY Change 15.26% 21.44% -9.49%
Total Long-Term Liabilities $23.34M $21.17M $17.43M
YoY Change 15.26% 21.44% -9.49%
TOTAL LIABILITIES
Total Short-Term Liabilities $84.88M $122.6M $93.45M
Total Long-Term Liabilities $23.34M $21.17M $17.43M
Total Liabilities $108.2M $143.8M $110.9M
YoY Change 17.93% 29.7% -15.23%
SHAREHOLDERS EQUITY
Retained Earnings $55.26M $46.17M $59.90M
YoY Change -8.72% -22.92% 27.83%
Common Stock $208.0K $208.0K $148.0K
YoY Change 39.6% 40.54% 2.78%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $279.5M $272.0M $208.1M
YoY Change
Total Liabilities & Shareholders Equity $708.6M $800.4M $453.7M
YoY Change 76.47% 76.41% -3.03%

Cashflow Statement

Concept 2018 Q4 2018 Q3 2017 Q3
OPERATING ACTIVITIES
Net Income $10.00M $5.948M $4.330M
YoY Change 669.23% 37.37% -32.89%
Depreciation, Depletion And Amortization $6.520M $6.080M $4.070M
YoY Change 86.82% 49.39% -13.03%
Cash From Operating Activities $49.61M -$24.66M -$16.63M
YoY Change 30.79% 48.29% 53.84%
INVESTING ACTIVITIES
Capital Expenditures -$2.480M -$2.250M -$1.560M
YoY Change 21.57% 44.23% 75.28%
Acquisitions
YoY Change
Other Investing Activities $1.240M $410.0K -$9.070M
YoY Change 12300.0% -104.52% 3.42%
Cash From Investing Activities -$1.240M -$1.840M -$10.63M
YoY Change -38.92% -82.69% 10.04%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -46.43M 26.34M 28.56M
YoY Change 36.96% -7.77% 44.97%
NET CHANGE
Cash From Operating Activities 49.61M -24.66M -16.63M
Cash From Investing Activities -1.240M -1.840M -10.63M
Cash From Financing Activities -46.43M 26.34M 28.56M
Net Change In Cash 1.940M -160.0K 1.300M
YoY Change -3.0% -112.31% -268.83%
FREE CASH FLOW
Cash From Operating Activities $49.61M -$24.66M -$16.63M
Capital Expenditures -$2.480M -$2.250M -$1.560M
Free Cash Flow $52.09M -$22.41M -$15.07M
YoY Change 30.32% 48.71% 51.92%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2017Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
108033000
CY2018Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
20762149 shares
CY2017Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5533000
CY2018Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
60026000
CY2018Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-31914000
CY2018Q3 us-gaap Assets
Assets
800434000
CY2018Q3 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
311000
CY2018Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
6546000
CY2018Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
61293000
CY2018Q3 us-gaap Assets Current
AssetsCurrent
378728000
CY2018Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
147520000
CY2018Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
257547000
CY2018Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
5763000
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5763000
CY2018Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
50000000 shares
CY2018Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
20762149 shares
CY2018Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2018Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
20762149 shares
CY2018Q3 us-gaap Common Stock Value
CommonStockValue
208000
CY2018Q3 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
9070000
CY2018Q3 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
34070000
CY2018Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
48760000
CY2018Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
1200000
CY2018Q3 us-gaap Goodwill
Goodwill
102027000
CY2018Q3 us-gaap Goodwill Gross
GoodwillGross
104232000
CY2018Q3 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
2205000
CY2018Q3 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
359369000
CY2018Q3 us-gaap Inventory Net
InventoryNet
209203000
CY2018Q3 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
2952000
CY2018Q3 us-gaap Indefinite Lived Trade Names
IndefiniteLivedTradeNames
62216000
CY2018Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
199583000
CY2018Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
9222000
CY2018Q3 us-gaap Liability For Uncertain Tax Positions Current
LiabilityForUncertainTaxPositionsCurrent
4000000
CY2018Q3 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
73000
CY2018Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
398000
CY2018Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
24987000
CY2018Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
800434000
CY2018Q3 us-gaap Liabilities Current
LiabilitiesCurrent
122641000
CY2018Q3 us-gaap Loans Payable Current
LoansPayableCurrent
1249000
CY2018Q3 us-gaap Long Term Loans Payable
LongTermLoansPayable
263009000
CY2018Q3 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
87227000
CY2018Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1825000
CY2018Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
21166000
CY2018Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
1.00
CY2018Q3 us-gaap Preferred Stock Value
PreferredStockValue
CY2018Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
13290000
CY2018Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
26455000
CY2018Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
46169000
CY2018Q3 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit
3000000
CY2018Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
695000
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
695000
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1281020 shares
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
13.53
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1601450 shares
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
13.73
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
272010000
CY2018Q3 lcut Intangible Assets Gross
IntangibleAssetsGross
410334000
CY2018Q3 lcut Indefinite Lived Trade Names Gross
IndefiniteLivedTradeNamesGross
62216000
CY2018Q3 lcut Reporting Unit Carrying Value
ReportingUnitCarryingValue
22900000
CY2018Q3 lcut Indefinite Lived Trade Name Accumulated Impairment Loss
IndefiniteLivedTradeNameAccumulatedImpairmentLoss
0
CY2018Q3 lcut Reporting Unit Percentage Of Carrying Value In Excess Of Fair Value
ReportingUnitPercentageOfCarryingValueInExcessOfFairValue
0.12 pure
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
7883000
CY2017Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
25461000
CY2017Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-29325000
CY2017Q4 us-gaap Assets
Assets
401521000
CY2017Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
1864000
CY2017Q4 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
311000
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
6190000
CY2017Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
44121000
CY2017Q4 us-gaap Assets Current
AssetsCurrent
258423000
CY2017Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
178909000
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
7600000
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
7600000
CY2017Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
4423000
CY2017Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
14902527 shares
CY2017Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2017Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
50000000 shares
CY2017Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
14902527 shares
CY2017Q4 us-gaap Common Stock Value
CommonStockValue
149000
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
401521000
CY2017Q4 us-gaap Liabilities Current
LiabilitiesCurrent
71515000
CY2017Q4 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
5826000
CY2017Q4 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
69000
CY2017Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
86000
CY2017Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
23978000
CY2017Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
38250000
CY2017Q4 us-gaap Goodwill
Goodwill
15772000
CY2017Q4 us-gaap Goodwill Gross
GoodwillGross
15772000
CY2017Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
88479000
CY2017Q4 us-gaap Inventory Net
InventoryNet
132436000
CY2017Q4 us-gaap Indefinite Lived Trade Names
IndefiniteLivedTradeNames
7616000
CY2017Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
125355000
CY2017Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
6995000
CY2017Q4 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
94744000
CY2017Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1750000
CY2017Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
20249000
CY2017Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
1.00
CY2017Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2017Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
10354000
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
23065000
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
60546000
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1456200 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
13.64
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
210279000
CY2017Q4 lcut Intangible Assets Gross
IntangibleAssetsGross
126729000
CY2017Q4 lcut Indefinite Lived Trade Names Gross
IndefiniteLivedTradeNamesGross
7616000
CY2017Q4 lcut Indefinite Lived Trade Name Accumulated Impairment Loss
IndefiniteLivedTradeNameAccumulatedImpairmentLoss
0
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
401000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-2350000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
8494000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
252780000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
10697000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
312000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.06
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.06
us-gaap Gross Profit
GrossProfit
143926000
us-gaap Income Taxes Paid
IncomeTaxesPaid
8675000
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-110000
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
862000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-6949000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1094000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
672000
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
644000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
863000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1901000
us-gaap Increase Decrease In Accounts Payable And Other Operating Liabilities
IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities
14539000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
10524000
us-gaap Interest Expense
InterestExpense
3114000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
32508000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
478000 shares
us-gaap Interest Paid Net
InterestPaidNet
2695000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-13341000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
31602000
us-gaap Payments Of Dividends
PaymentsOfDividends
1855000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
188000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
7534000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-20923000
us-gaap Net Income Loss
NetIncomeLoss
903000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
7591000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-47000
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
10000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4269000
us-gaap Operating Income Loss
OperatingIncomeLoss
4318000
us-gaap Profit Loss
ProfitLoss
903000
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
39000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1453000
us-gaap Payments To Acquire Business Two Net Of Cash Acquired
PaymentsToAcquireBusinessTwoNetOfCashAcquired
9072000
us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
114000
us-gaap Restricted Stock Expense
RestrictedStockExpense
1700000
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
72000
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
191087000
us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
119000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
99572000
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
149289000
us-gaap Restructuring Charges
RestructuringCharges
526000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
396706000
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
396706000
us-gaap Share Based Compensation
ShareBasedCompensation
2482000
us-gaap Stock Option Plan Expense
StockOptionPlanExpense
800000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
900000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14900000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14422000 shares
lcut Foreign Currency Translation Adjustment
ForeignCurrencyTranslationAdjustment
7534000
lcut Distribution Expenses
DistributionExpenses
39510000
lcut Increase Decrease In Deferred Rent
IncreaseDecreaseInDeferredRent
-469000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1103000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
11154000
dei Amendment Flag
AmendmentFlag
false
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1837000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-14296000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
305318000
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
us-gaap Depreciation And Amortization
DepreciationAndAmortization
16807000
us-gaap Derivative Maturity Dates
DerivativeMaturityDates
2023-03-31
dei Document Period End Date
DocumentPeriodEndDate
2018-09-30
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.61
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <b>Accounting pronouncements to be adopted in future periods</b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt"> Updates not listed below were assessed and either determined to not be applicable or are expected to have a minimal effect on the Company&#x2019;s financial position, results of operations, and disclosures.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt"> In February 2018, the FASB issued ASU <font style="WHITE-SPACE: nowrap">2018-02,</font> <i>Income Statement- Reporting Comprehensive Income: Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income</i>, which addresses the effect on items within accumulated other comprehensive income (loss) of the change in the U.S. federal corporate tax rate due to the enactment of the Tax Cuts and Jobs Act (the &#x201C;Tax Act&#x201D;) on December&#xA0;22, 2017. The guidance is effective for fiscal years beginning after December&#xA0;15, 2018, with early adoption permitted. The Company is evaluating the effect of adopting this pronouncement.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt"> In August 2016, the FASB issued ASU <font style="WHITE-SPACE: nowrap">2016-15,</font> <i>Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments</i>, which reduces the diversity in practice on how certain transactions are classified in the statement of cash flows. The guidance is effective for fiscal years beginning after December&#xA0;15, 2018, and interim periods within fiscal years beginning after December&#xA0;15, 2019. Early adoption is permitted. The Company is evaluating the effect of adopting this pronouncement.</p> <p style="MARGIN-BOTTOM: 0px; FONT-SIZE: 1px; MARGIN-TOP: 12px"> &#xA0;</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt"> In February 2016, the FASB issued ASU <font style="WHITE-SPACE: nowrap">2016-02,</font> <i>Leases (Topic 842),</i> which requires a lessee, in most leases, to initially recognize a lease liability for the obligation to make lease payments and a <font style="WHITE-SPACE: nowrap"><font style="WHITE-SPACE: nowrap">right-of-use</font></font> asset for the right to use the underlying asset for the lease term. The guidance is effective for fiscal years beginning after December&#xA0;15, 2018, and interim periods within with those years. Early adoption is permitted. The Company will adopt the standard in the first quarter of fiscal 2019. The Company developed a project team to assess the effect of the adoption of this standard on its existing accounting policies, business processes, internal controls over financial reporting and related disclosures. While the assessment is not complete, the Company expects the adoption will result in a material increase in assets and liabilities on the consolidated balance sheet, with an immaterial impact on the consolidated statement of operations and consolidated statement of cash flow. The increase in assets and liabilities on the consolidated balance sheet will be due to the recording of the <font style="WHITE-SPACE: nowrap"><font style="WHITE-SPACE: nowrap">right-of-use</font></font> assets and corresponding lease liabilities.</p> </div>
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2018
dei Document Type
DocumentType
10-Q
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-190000
dei Entity Registrant Name
EntityRegistrantName
LIFETIME BRANDS, INC
dei Entity Small Business
EntitySmallBusiness
false
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.61
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
dei Entity Central Index Key
EntityCentralIndexKey
0000874396
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
us-gaap Gross Profit
GrossProfit
170950000
us-gaap Income Taxes Paid
IncomeTaxesPaid
2527000
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-66000
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
88898000
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
2205000
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
2952000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-4245000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-16793000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
417000
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
417000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-4669000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-905000
us-gaap Income Tax Examination Description
IncomeTaxExaminationDescription
The Company is no longer subject to U.S. Federal income tax examinations for the years prior to 2015.
us-gaap Increase Decrease In Accounts Payable And Other Operating Liabilities
IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities
29059000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
13245000
us-gaap Interest Expense
InterestExpense
12413000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
51392000
us-gaap Interest Paid Net
InterestPaidNet
11003000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-222941000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
251723000
us-gaap Payments Of Dividends
PaymentsOfDividends
2405000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
442000
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 Segment
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-1985000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-30429000
us-gaap Net Income Loss
NetIncomeLoss
-11707000
us-gaap Operating Income Loss
OperatingIncomeLoss
-4314000
us-gaap Profit Loss
ProfitLoss
-11707000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-2589000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-54000
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-658000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
217521000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5420000
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
11171000
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
275000000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
143000
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
936000
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
1375000
us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
206000
us-gaap Restricted Stock Expense
RestrictedStockExpense
2400000
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
67000
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
203237000
us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
216000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
122330000
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P3Y4M24D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
15250 shares
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
210271000
us-gaap Restructuring Charges
RestructuringCharges
1353000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
476268000
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
476268000
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
17.66
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
13.56
us-gaap Share Based Compensation
ShareBasedCompensation
3027000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
14250 shares
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y4M24D
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
4.60
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
17.39
us-gaap Stock Option Plan Expense
StockOptionPlanExpense
600000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
221000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
205750 shares
dei Trading Symbol
TradingSymbol
LCUT
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
31000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
19123000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
19123000 shares
lcut Foreign Currency Translation Adjustment
ForeignCurrencyTranslationAdjustment
-1985000
lcut Distribution Expenses
DistributionExpenses
49376000
lcut Intangible Assets Including Goodwill Foreign Currency Translation Gain Loss
IntangibleAssetsIncludingGoodwillForeignCurrencyTranslationGainLoss
1391000
lcut Increase Decrease In Deferred Rent
IncreaseDecreaseInDeferredRent
357000
lcut Derivative Effective Date Month And Year
DerivativeEffectiveDateMonthAndYear
2018-04
CY2017 lcut Tax Cuts And Jobs Act Of2017 Incomplete Accounting Provisional Income Tax Expense Benefit
TaxCutsAndJobsActOf2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit
3300000
CY2017 lcut Percentage Of Annual Net Sales
PercentageOfAnnualNetSales
0.60 pure
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2016 lcut Percentage Of Annual Net Sales
PercentageOfAnnualNetSales
0.61 pure
CY2017Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
6588000
CY2017Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
108769000
CY2017Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
4063000
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.29
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.30
CY2017Q3 us-gaap Gross Profit
GrossProfit
57188000
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
8161000
CY2017Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-326000
CY2017Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3505000
CY2017Q3 us-gaap Interest Expense
InterestExpense
1172000
CY2017Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
471000 shares
CY2017Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
2246000
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
4330000
CY2017Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
2258000
CY2017Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-16000
CY2017Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-4000
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
9333000
CY2017Q3 us-gaap Restricted Stock Expense
RestrictedStockExpense
800000
CY2017Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
34088000
CY2017Q3 us-gaap Restructuring Charges
RestructuringCharges
272000
CY2017Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
165957000
CY2017Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
165957000
CY2017Q3 us-gaap Share Based Compensation
ShareBasedCompensation
1000000
CY2017Q3 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
200000
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
15043000 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14572000 shares
CY2017Q3 lcut Distribution Expenses
DistributionExpenses
13495000
CY2018Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
5710000
CY2018Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
135663000
CY2018Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
6076000
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.29
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.29
CY2018Q3 us-gaap Gross Profit
GrossProfit
73785000
CY2018Q3 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
2205000
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
6669000
CY2018Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
185000
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
906000
CY2018Q3 us-gaap Interest Expense
InterestExpense
5634000
CY2018Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
124000 shares
CY2018Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
124000
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
5948000
CY2018Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-238000
CY2018Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-19000
CY2018Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-381000
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
12303000
CY2018Q3 us-gaap Restricted Stock Expense
RestrictedStockExpense
1100000
CY2018Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
42113000
CY2018Q3 us-gaap Restructuring Charges
RestructuringCharges
552000
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
209448000
CY2018Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
209448000
CY2018Q3 us-gaap Share Based Compensation
ShareBasedCompensation
1300000
CY2018Q3 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
200000
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20481000 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20357000 shares
CY2018Q3 lcut Distribution Expenses
DistributionExpenses
16612000

Files In Submission

Name View Source Status
0001193125-18-322366-index-headers.html Edgar Link pending
0001193125-18-322366-index.html Edgar Link pending
0001193125-18-322366.txt Edgar Link pending
0001193125-18-322366-xbrl.zip Edgar Link pending
d644544d10q.htm Edgar Link pending
d644544dex311.htm Edgar Link pending
d644544dex312.htm Edgar Link pending
d644544dex321.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
lcut-20180930.xml Edgar Link completed
lcut-20180930.xsd Edgar Link pending
lcut-20180930_cal.xml Edgar Link unprocessable
lcut-20180930_def.xml Edgar Link unprocessable
lcut-20180930_lab.xml Edgar Link unprocessable
lcut-20180930_pre.xml Edgar Link unprocessable
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending