XML 46 R20.htm IDEA: XBRL DOCUMENT
v3.20.4

Accrued Acquisition Liability | 12 Months Ended
--- | ---
Dec. 31, 2020
Business Combinations [Abstract] |
Accrued Acquisition Liability | Accrued Acquisition LiabilityOn August 31, 2020, Lawson acquired Partsmaster from NCH Corporation. As part of the purchase price the Company agreed to pay $33.0 million in May 2021. The payment obligation has been discounted to its present value using an implied interest rate of 1.8% and is recognized as a current liability of $32.7 million in the Company's consolidated balance sheet. Payment has been guaranteed under the Purchase Agreement which includes the issuance of a $33.0 million irrevocable standby letter of credit. The accrued acquisition liability is included as outstanding debt in the quarterly financial covenants. See Note 13 - Credit Agreement for further details.

X
- Definition Business Combination, Consideration Liability Disclosure + References No definition available. + Details
Name: | laws_BusinessCombinationConsiderationLiabilityDisclosureTextBlock
Namespace Prefix: | laws_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_BusinessCombinationsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration