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Operating Leases (Notes) | 12 Months Ended
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Dec. 31, 2019
Operating Leases [Abstract] |
Leases of Lessee Disclosure [Text Block] | Leases During the first quarter 2019, the Company adopted ASU No. 2016-02, “Leases (Topic 842),” which requires leases with durations greater than twelve months to be recognized on the balance sheet. The Company adopted the standard using the modified retrospective approach with an effective date as of January 1, 2019. Upon adoption the Company recorded $194,100 for right-of-use asset and $209,000 for lease liabilities. The Company did not apply the new standard to comparative periods and therefore, those amounts are not presented below. The Company elected the package of three practical expedients. As such, the Company did not reassess whether expired or existing contracts are or contain a lease and did not need to reassess the lease classifications or reassess the initial direct costs associated with expired or existing leases. The Company did not elect the hindsight practical expedient or the land easement practical expedient, neither of which are applicable to the Company. Also, the Company has elected to take the practical expedient to not separate lease and non-lease components for all asset classes. The Company leases office space, sample production space, warehouses, showrooms, storage and retail stores under operating leases. The Company’s portfolio of leases is primarily related to real estate and since most of our leases do not provide a readily determinable implicit rate, the Company estimated its incremental borrowing rate to discount the lease payments based on information available at lease commencement. Lease Position The table below presents the lease-related assets and liabilities recorded on the balance sheet as of December 31, 2019:
| Classification on the Balance Sheet |  | December 31, 2019
Assets |  |  |
Noncurrent (1) | Operating lease right-of-use asset |  | $ | 155,700 |
Liabilities |  |  |
Current | Operating leases - current portion |  | $ | 38,624 |
Noncurrent | Operating leases - long-term portion |  | 133,172 |
Total operating lease liabilities |  |  | $ | 171,796 |
Weighted-average remaining lease term |  |  | 5.5 years |
Weighted-average discount rate (2) |  |  | 4.4 | %
(1) During the third quarter of 2019, the Company recorded a pre-tax charge related to the right-of-use asset of $1,883. (2) Upon adoption of the new lease standard, discount rates used for existing leases were established at January 1, 2019. Lease Costs The table below presents certain information related to lease costs for the year ended December 31, 2019:
Operating lease cost | $ | 48,387 |
Short-term lease cost | 239 |
Less: sublease income | 644 |
Total lease cost | $ | 47,982 |
Other Information The table below presents supplemental cash flow information related to leases for the year ended December 31, 2019:
Cash paid for amounts included in the measurement of lease liabilities |
Operating cash flows used for operating leases | $ | 46,324 |
Undiscounted Cash Flows The table below reconciles the undiscounted cash flows for each of the first five years and total of the remaining years to the lease liabilities recorded on the balance sheet as of December 31, 2019:
2020 | $ | 46,035 |
2021 | 39,586 |
2022 | 30,474 |
2023 | 21,680 |
2024 | 18,020 |
Thereafter | 38,119 |
Total minimum lease payments | 193,914 |
Less: interest | 22,118 |
Present value of lease liabilities | $ | 171,796 |
A majority of the retail store leases provide for contingent rental payments if gross sales exceed certain targets. In addition, many of the leases contain rent escalation clauses to compensate for increases in operating costs and real estate taxes. Rent expense for the years ended December 31, 2019, 2018 and 2017 was approximately $61,283, $58,332 and $56,027, respectively. Included in such amounts are contingent rents of $138, $516 and $424 in 2019, 2018 and 2017, respectively. Rent expense is calculated by amortizing total base rental payments (net of any rental abatements, construction allowances and other rental concessions), on a straight-line basis, over the lease term. Accordingly, rent expense charged to operations differs from rent paid resulting in the Company recording deferred rent in 2018 and 2017.

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- Definition Operating Leases [Abstract] + References No definition available. + Details
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- Definition The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=77888251 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -URI http://asc.fasb.org/topic&trid=2208923 + Details
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