2020 Q4 Form 10-Q Financial Statement

#000162828020015785 Filed on November 05, 2020

View on sec.gov

Income Statement

Concept 2020 Q4 2020 Q3 2019 Q3
Revenue $249.2M $224.8M $215.5M
YoY Change 9.83% 4.29% 2.89%
Cost Of Revenue $161.1M $146.0M $142.6M
YoY Change 12.66% 2.38% 5.08%
Gross Profit $88.10M $78.79M $72.94M
YoY Change 5.01% 8.02% -1.14%
Gross Profit Margin 35.35% 35.06% 33.85%
Selling, General & Admin $63.70M $38.33M $37.39M
YoY Change -3.19% 2.5% -11.22%
% of Gross Profit 72.3% 48.64% 51.26%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $6.270M $6.090M $6.120M
YoY Change -1.26% -0.49% 0.66%
% of Gross Profit 7.12% 7.73% 8.39%
Operating Expenses $63.70M $38.33M $37.39M
YoY Change -3.19% 2.5% -11.22%
Operating Profit $24.40M $21.51M $6.929M
YoY Change 34.81% 210.38% -43.68%
Interest Expense -$4.000M $4.128M $5.539M
YoY Change -28.57% -25.47% -1.69%
% of Operating Profit -16.39% 19.19% 79.94%
Other Income/Expense, Net
YoY Change
Pretax Income $20.40M $17.48M $1.757M
YoY Change -196.68% 894.71% -73.65%
Income Tax $6.900M $3.700M $15.10M
% Of Pretax Income 33.82% 21.17% 859.42%
Net Earnings $15.20M $13.91M -$13.52M
YoY Change -204.83% -202.91% -327.29%
Net Earnings / Revenue 6.1% 6.19% -6.27%
Basic Earnings Per Share $0.66 -$0.66
Diluted Earnings Per Share $727.3K $0.65 -$0.66
COMMON SHARES
Basic Shares Outstanding 21.77M shares 20.94M shares 20.43M shares
Diluted Shares Outstanding 20.43M shares

Balance Sheet

Concept 2020 Q4 2020 Q3 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $36.00M $42.70M $4.800M
YoY Change 215.79% 789.58% -17.24%
Cash & Equivalents $35.96M $42.68M $4.761M
Short-Term Investments
Other Short-Term Assets $12.10M $9.600M $9.800M
YoY Change -14.18% -2.04% -26.32%
Inventory $203.2M $209.8M $229.9M
Prepaid Expenses
Receivables $170.0M $180.3M $161.9M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $421.3M $442.4M $406.5M
YoY Change 27.99% 8.84% 7.33%
LONG-TERM ASSETS
Property, Plant & Equipment $23.12M $23.84M $28.23M
YoY Change -17.92% -15.55% 6.71%
Goodwill $30.27M $30.27M $82.61M
YoY Change -38.69% -63.36% -19.03%
Intangibles $213.8M
YoY Change -7.51%
Long-Term Investments $20.00M $17.70M $20.30M
YoY Change -6.1% -12.81% -18.8%
Other Assets $2.468M $2.559M $3.925M
YoY Change -39.38% -34.8% 115.07%
Total Long-Term Assets $386.2M $389.4M $477.2M
YoY Change -12.4% -18.4% 13.17%
TOTAL ASSETS
Total Short-Term Assets $421.3M $442.4M $406.5M
Total Long-Term Assets $386.2M $389.4M $477.2M
Total Assets $807.5M $831.8M $883.7M
YoY Change 4.86% -5.87% 10.41%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $66.10M $109.5M $67.78M
YoY Change 82.72% 61.56% 12.92%
Accrued Expenses $80.05M $81.17M $58.25M
YoY Change 53.76% 39.34% -4.96%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $17.70M $18.50M $4.300M
YoY Change 110.71% 330.23% 258.33%
Total Short-Term Liabilities $180.1M $222.0M $145.5M
YoY Change 67.81% 52.65% 18.61%
LONG-TERM LIABILITIES
Long-Term Debt $266.3M $263.4M $350.0M
YoY Change -7.24% -24.74% -0.06%
Other Long-Term Liabilities $16.48M $16.39M $10.99M
YoY Change 34.95% 49.21% -48.09%
Total Long-Term Liabilities $16.48M $16.39M $10.99M
YoY Change 34.95% 49.21% -48.09%
TOTAL LIABILITIES
Total Short-Term Liabilities $180.1M $222.0M $145.5M
Total Long-Term Liabilities $16.48M $16.39M $10.99M
Total Liabilities $196.6M $238.4M $156.4M
YoY Change 64.45% 52.41% 8.79%
SHAREHOLDERS EQUITY
Retained Earnings $424.0K -$13.84M $22.63M
YoY Change -94.09% -161.16% -50.98%
Common Stock $218.0K $218.0K $213.0K
YoY Change 2.35% 2.35% 2.4%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $230.1M $211.8M $247.9M
YoY Change
Total Liabilities & Shareholders Equity $807.5M $831.8M $883.7M
YoY Change 4.86% -5.87% 10.41%

Cashflow Statement

Concept 2020 Q4 2020 Q3 2019 Q3
OPERATING ACTIVITIES
Net Income $15.20M $13.91M -$13.52M
YoY Change -204.83% -202.91% -327.29%
Depreciation, Depletion And Amortization $6.270M $6.090M $6.120M
YoY Change -1.26% -0.49% 0.66%
Cash From Operating Activities -$4.400M -$17.00M -$47.10M
YoY Change -106.3% -63.91% 91.0%
INVESTING ACTIVITIES
Capital Expenditures -$430.0K -$270.0K -$3.750M
YoY Change -72.26% -92.8% 66.67%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00
YoY Change -100.0%
Cash From Investing Activities -$430.0K -$270.0K -$3.750M
YoY Change -72.26% -92.8% 103.8%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.000M -3.900M 45.35M
YoY Change -96.76% -108.6% 72.17%
NET CHANGE
Cash From Operating Activities -4.400M -17.00M -47.10M
Cash From Investing Activities -430.0K -270.0K -3.750M
Cash From Financing Activities -2.000M -3.900M 45.35M
Net Change In Cash -6.830M -21.17M -5.500M
YoY Change -205.4% 284.91% 3337.5%
FREE CASH FLOW
Cash From Operating Activities -$4.400M -$17.00M -$47.10M
Capital Expenditures -$430.0K -$270.0K -$3.750M
Free Cash Flow -$3.970M -$16.73M -$43.35M
YoY Change -105.56% -61.41% 93.44%

Facts In Submission

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16294000 USD
CY2019Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-15740000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-25556000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-32164000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
279493000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
-4867000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
1306000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
596000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-13000 USD
CY2019Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-2952000 USD
CY2019Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
900000 USD
CY2019Q1 lcut Shares Repurchased For Tax Withholding For Share Based Compensation Value
SharesRepurchasedForTaxWithholdingForShareBasedCompensationValue
232000 USD
CY2019Q1 us-gaap Dividends
Dividends
898000 USD
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
276311000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
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CY2019Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-2953000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
982000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-12000 USD
CY2019Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-13472000 USD
CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1186000 USD
CY2019Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
133000 USD
CY2019Q2 lcut Shares Repurchased For Tax Withholding For Share Based Compensation Value
SharesRepurchasedForTaxWithholdingForShareBasedCompensationValue
158000 USD
CY2019Q2 us-gaap Dividends
Dividends
896000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
263104000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
-13519000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-2385000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
151000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-13000 USD
CY2019Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-15740000 USD
CY2019Q3 lcut Stock Issued During Period To Employees Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodToEmployeesValueRestrictedStockAwardNetOfForfeitures
0 USD
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1498000 USD
CY2019Q3 us-gaap Dividends
Dividends
937000 USD
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
247925000 USD
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.1275
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.1275
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
236317000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-28164000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-4458000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-2877000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-20000 USD
CY2020Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-35479000 USD
CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1320000 USD
CY2020Q1 lcut Shares Repurchased For Tax Withholding For Share Based Compensation Value
SharesRepurchasedForTaxWithholdingForShareBasedCompensationValue
299000 USD
CY2020Q1 us-gaap Dividends
Dividends
932000 USD
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
200927000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-3977000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-2514000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
101000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-19000 USD
CY2020Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-6371000 USD
CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1415000 USD
CY2020Q2 lcut Shares Repurchased For Tax Withholding For Share Based Compensation Value
SharesRepurchasedForTaxWithholdingForShareBasedCompensationValue
187000 USD
CY2020Q2 us-gaap Dividends
Dividends
913000 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
194871000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
13913000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
2145000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
216000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-20000 USD
CY2020Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
16294000 USD
CY2020Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1570000 USD
CY2020Q3 us-gaap Dividends
Dividends
942000 USD
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
211793000 USD
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.1275
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.1275
us-gaap Net Income Loss
NetIncomeLoss
-18228000 USD
us-gaap Net Income Loss
NetIncomeLoss
-29899000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
18385000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
18771000 USD
us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
20100000 USD
us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
9748000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1326000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1312000 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-2316000 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
717000 USD
lcut Non Cash Lease Expense
NonCashLeaseExpense
2915000 USD
lcut Non Cash Lease Expense
NonCashLeaseExpense
1050000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
3011000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
316000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
4321000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
3605000 USD
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-362000 USD
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-395000 USD
lcut Stock Keeping Units Rationalization
StockKeepingUnitsRationalization
0 USD
lcut Stock Keeping Units Rationalization
StockKeepingUnitsRationalization
8500000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
55466000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
37659000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
37303000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
66195000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-3573000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1473000 USD
us-gaap Increase Decrease In Accounts Payable And Other Operating Liabilities
IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities
100798000 USD
us-gaap Increase Decrease In Accounts Payable And Other Operating Liabilities
IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities
43465000 USD
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-1577000 USD
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-1442000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
1521000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
4434000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
49208000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1645000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
7618000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1645000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-7618000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
107418000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
258647000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
113652000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
208737000 USD
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
7583000 USD
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
2063000 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
75000 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
18000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
486000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
390000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
133000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
1862000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
2693000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-16240000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
44879000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-18000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-188000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
31305000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-2886000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11370000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
7647000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
42675000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4761000 USD
lcut Percentage Of Annual Net Sales
PercentageOfAnnualNetSales
0.60
lcut Percentage Of Annual Net Sales
PercentageOfAnnualNetSales
0.62
lcut Sku Rationalization Charged To Cost Of Sales
SkuRationalizationChargedToCostOfSales
8500000 USD
CY2019Q2 lcut Percentage Of Inventory Effected
PercentageOfInventoryEffected
0.08
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
215502000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
10839000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
12877000 USD
CY2020Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
201453000 USD
CY2019Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
165950000 USD
CY2020Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
145000 USD
CY2019Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
61000 USD
CY2020Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
8227000 USD
CY2019Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
7416000 USD
CY2020Q3 us-gaap Inventory Net
InventoryNet
209825000 USD
CY2019Q4 us-gaap Inventory Net
InventoryNet
173427000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
38000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
224750000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
519960000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
507964000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
224750000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
215502000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
519960000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
507964000 USD
CY2020Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
4450000 USD
CY2019Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
4796000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
13755000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
13927000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
118054000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
4639000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
17965000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
18071000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
18050000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
17723000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
17697000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
54993000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
149138000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
33626000 USD
CY2020Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
115512000 USD
CY2020Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y4M24D
CY2020Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.062
CY2020Q2 us-gaap Discontinued Operation Equity Method Investment Retained After Disposal Ownership Interest Prior To Disposal
DiscontinuedOperationEquityMethodInvestmentRetainedAfterDisposalOwnershipInterestPriorToDisposal
1
us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-200000 USD
CY2020Q3 us-gaap Goodwill Gross
GoodwillGross
49371000 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
19100000 USD
CY2020Q3 us-gaap Goodwill
Goodwill
30271000 USD
CY2019Q4 us-gaap Goodwill Gross
GoodwillGross
92361000 USD
CY2019 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
42990000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
49371000 USD
CY2020Q3 lcut Intangible Assets Gross
IntangibleAssetsGross
349500000 USD
us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
20100000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
82220000 USD
CY2020Q3 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
247180000 USD
CY2019Q4 lcut Intangible Assets Gross
IntangibleAssetsGross
393558000 USD
CY2019 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
42990000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
70097000 USD
CY2019Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
280471000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
216000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
151000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-2560000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
1729000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
-300000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
-700000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
-100000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
-200000 USD
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1508325 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
13.43
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
37500 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
6.36
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
12313 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
11.86
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
232737 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
13.18
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1300775 shares
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
13.28
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
179000 USD
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
995982 shares
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
14.27
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P3Y10M24D
CY2020Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
22000 USD
CY2020Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
731000 USD
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y3M18D
CY2020Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1575000 USD
CY2020Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1575000 USD
CY2019Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1505000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4321000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3605000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
13913000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
-13519000 USD
us-gaap Net Income Loss
NetIncomeLoss
-18228000 USD
us-gaap Net Income Loss
NetIncomeLoss
-29899000 USD
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20935000 shares
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20429000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20835000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20494000 shares
CY2020Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
21285000 shares
CY2019Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
20429000 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
20835000 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
20494000 shares
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
15100000 USD
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.66
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.66
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.87
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.46
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.65
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.66
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.87
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.46
CY2020Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1850000 shares
CY2019Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2128000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2133000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2246000 shares
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3700000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3000000.0 USD
CY2020Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.212
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.203
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6800000 USD
CY2019Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
8.575
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.300
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
224750000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
215502000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
519960000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
507964000 USD
CY2020Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
21506000 USD
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
6929000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
557000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-7903000 USD
CY2020Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
6090000 USD
CY2019Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
6122000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
18385000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
18771000 USD
CY2020Q3 us-gaap Assets
Assets
831846000 USD
CY2019Q4 us-gaap Assets
Assets
770023000 USD
lcut Number Of Tableware Collections
NumberOfTablewareCollections
7 tablewareCollection
lcut Number Of Remaining Tableware Collections
NumberOfRemainingTablewareCollections
29 tablewareCollection
lcut Period Of Investigation
PeriodOfInvestigation
P5Y
CY2020Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.0425
CY2020Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.0425
CY2020Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.0425
CY2020Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.0425
CY2020Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.0425
CY2020Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.0425
CY2020Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.0425
us-gaap Interest Paid Net
InterestPaidNet
11750000 USD
us-gaap Interest Paid Net
InterestPaidNet
13876000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-85000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
938000 USD
lcut Non Cash Foreign Currency Translation Gain Loss Adjustment
NonCashForeignCurrencyTranslationGainLossAdjustment
-5062000 USD
lcut Non Cash Foreign Currency Translation Gain Loss Adjustment
NonCashForeignCurrencyTranslationGainLossAdjustment
-4032000 USD

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