XML 22 R12.htm IDEA: XBRL DOCUMENT
v3.21.2

Accounts Receivable (Notes) | 6 Months Ended
--- | ---
Jul. 03, 2021
Accounts Receivables [Abstract] |
Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | ACCOUNTS RECEIVABLE The Company has an agreement with a financial institution to sell selected trade accounts receivable on a recurring, nonrecourse basis that expires in the fourth quarter of fiscal 2021, subject to renewal. Under the agreement, up to $75.0 million of accounts receivable may be sold to the financial institution and remain outstanding at any point in time. After the sale, the Company does not retain any interests in the accounts receivable and removes them from its consolidated condensed balance sheet, but continues to service and collect the outstanding accounts receivable on behalf of the financial institution. The Company recognizes a servicing asset or servicing liability, initially measured at fair value, each time it undertakes an obligation to service the accounts receivable under the agreement. For receivables sold under the agreement, 90% of the stated amount is paid in cash to the Company at the time of sale, with the remainder paid to the Company at the completion of the collection process. The following is a summary of the stated amount of accounts receivable that was sold as well as fees charged by the financial institution.
| Quarter Ended |  | Year-To-Date Ended
(In millions) | July 3, 2021 |  | June 27, 2020 |  | July 3, 2021 |  | June 27, 2020
Accounts receivable sold | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 14.1 |
Fees charged | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 0.1 |
The fees are recorded in the other expense (income), net line item on the consolidated statements of operations. Net proceeds of this program are classified in operating activities in the consolidated condensed statements of cash flows. There were no amounts outstanding under this program as of July 3, 2021 and June 27, 2020, respectively.

X
- Definition The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -URI http://asc.fasb.org/subtopic&trid=2196772 + Details
Name: | us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Accounts Receivables [Abstract] + References No definition available. + Details
Name: | www_AccountsReceivablesAbstract
Namespace Prefix: | www_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration