XML 264 R40.htm IDEA: XBRL DOCUMENT
v3.23.1

Long-term Debt - Additional Information (Detail) |  | 1 Months Ended | 3 Months Ended |  |
--- | --- | --- | --- | --- | ---
Jul. 02, 2021 USD ($) | May 09, 2023 | Mar. 31, 2023 USD ($) | Dec. 31, 2022 USD ($) | Jul. 31, 2021
Debt Instrument [Line Items] |  |  |  |  |
Letters of credit outstanding |  |  | $ 0 | $ 0 |
2021 Revolving Facility |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Total net first lien leverage ratio |  |  | 4.50 |  |
Percent of total commitments not reimbursed |  |  | 35.00% |  |
Line of credit outstanding |  |  | $ 0 | $ 0 |
2021 Revolving Facility | Federal Funds Effective Rate |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Effective interest rate |  |  |  |  | 0.50%
Revolving Credit Facility | 2021 Revolving Facility |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Line of credit maximum borrowing capacity | $ 150,000,000 |  |  |  |
Debt issuance costs | $ 800,000 |  |  |  |
One month LIBOR floor | 1.00% |  |  |  |
Rate added to one month LIBOR | 1.00% |  |  |  |
LIBOR floor | 0.00% |  |  |  |
Rate added to LIBOR | 2.00% |  |  |  |
Basis spread on variable rate, initial reduction | 0.25% |  |  |  |
Basis spread on variable rate, further reduction | 0.25% |  |  |  |
Total net first lien leverage ratio, first reduction requirement | 3.50 |  |  |  |
Total net first lien leverage ratio, second reduction requirement | 2.50 |  |  |  |
Commitment fee | 0.35% |  |  |  |
Commitment fee reduction | 0.10% |  |  |  |
Total net first lien leverage ratio, maximum | 3.50 |  |  |  |
Revolving Credit Facility | 2021 Revolving Facility | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate | Subsequent Event |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Basis spread |  | 0.10% |  |  |
Letter of Credit |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Line of credit maximum borrowing capacity | $ 20,000,000 |  |  |  |
Swingline Loan |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |
Line of credit maximum borrowing capacity | $ 10,000,000 |  |  |  |

X
- Definition Debt Instrument, Basis Spread on Variable Rate Added To LIBOR + References No definition available. + Details
Name: | lz_DebtInstrumentBasisSpreadOnVariableRateAddedToLIBOR
Namespace Prefix: | lz_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Debt Instrument, Basis Spread on Variable Rate Added To One Month LIBOR + References No definition available. + Details
Name: | lz_DebtInstrumentBasisSpreadOnVariableRateAddedToOneMonthLIBOR
Namespace Prefix: | lz_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Debt Instrument, Basis Spread on Variable Rate, Additional Reduction + References No definition available. + Details
Name: | lz_DebtInstrumentBasisSpreadOnVariableRateAdditionalReduction
Namespace Prefix: | lz_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Debt Instrument, Basis Spread on Variable Rate, Initial Reduction + References No definition available. + Details
Name: | lz_DebtInstrumentBasisSpreadOnVariableRateInitialReduction
Namespace Prefix: | lz_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Debt Instrument, Basis Spread On Variable Rate, LIBOR Floor + References No definition available. + Details
Name: | lz_DebtInstrumentBasisSpreadOnVariableRateLIBORFloor
Namespace Prefix: | lz_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Debt Instrument, Basis Spread On Variable Rate, One Month LIBOR Floor + References No definition available. + Details
Name: | lz_DebtInstrumentBasisSpreadOnVariableRateOneMonthLIBORFloor
Namespace Prefix: | lz_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Debt Instrument, Percentage of Total Commitments Not Reimbursed + References No definition available. + Details
Name: | lz_DebtInstrumentPercentageOfTotalCommitmentsNotReimbursed
Namespace Prefix: | lz_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Debt Instrument, Total Net First Lien Leverage Ratio + References No definition available. + Details
Name: | lz_DebtInstrumentTotalNetFirstLienLeverageRatio
Namespace Prefix: | lz_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | duration

X
- Definition Debt Instrument, Total Net First Lien Leverage Ratio, First Reduction Requirement + References No definition available. + Details
Name: | lz_DebtInstrumentTotalNetFirstLienLeverageRatioFirstReductionRequirement
Namespace Prefix: | lz_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | duration

X
- Definition Debt Instrument, Total Net First Lien Leverage Ratio, Maximum + References No definition available. + Details
Name: | lz_DebtInstrumentTotalNetFirstLienLeverageRatioMaximum
Namespace Prefix: | lz_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | duration

X
- Definition Debt Instrument, Total Net First Lien Leverage Ratio, Second Reduction Requirement + References No definition available. + Details
Name: | lz_DebtInstrumentTotalNetFirstLienLeverageRatioSecondReductionRequirement
Namespace Prefix: | lz_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line of Credit Facility, Unused Capacity, Commitment Fee Percentage Reduction + References No definition available. + Details
Name: | lz_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentageReduction
Namespace Prefix: | lz_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage points added to the reference rate to compute the variable rate on the debt instrument. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Effective interest rate for the funds borrowed under the debt agreement considering interest compounding and original issue discount or premium. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 6 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=123466204&loc=SL6036836-161870 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124435984&loc=d3e28551-108399 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=124429444&loc=SL124452920-239629 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateEffectivePercentage
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount, after accumulated amortization, of debt issuance costs. Includes, but is not limited to, legal, accounting, underwriting, printing, and registration costs. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1D -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495340-112611 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=124435984&loc=d3e28555-108399 + Details
Name: | us-gaap_DeferredFinanceCostsNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The total amount of the contingent obligation under letters of credit outstanding as of the reporting date. + References No definition available. + Details
Name: | us-gaap_LettersOfCreditOutstandingAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI https://asc.fasb.org/extlink&oid=126897435&loc=d3e534808-122878 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(16)) -URI https://asc.fasb.org/extlink&oid=126734703&loc=d3e572229-122910 + Details
Name: | us-gaap_LineOfCredit
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The fee, expressed as a percentage of the line of credit facility, for available but unused credit capacity under the credit facility. + References No definition available. + Details
Name: | us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_DebtInstrumentAxis=lz_TwoThousandAndTwentyOneRevolvingFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=lz_FederalFundsEffectiveRateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=us-gaap_RevolvingCreditFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=us-gaap_SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_SubsequentEventTypeAxis=us-gaap_SubsequentEventMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=us-gaap_LetterOfCreditMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=lz_SwinglineLoanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |