XML 57 R26.htm IDEA: XBRL DOCUMENT v3.19.3

Comprehensive Income (Tables)

9 Months Ended

Sep. 30, 2019

Comprehensive Income

Schedule of comprehensive income

Comprehensive income for the three and nine months ended September 30, 2019 and 2018, was as follows:

		Three Months Ended September 30,						Nine Months Ended September 30,
		2019			2018			2019			2018
		(Dollars in thousands)
Net earnings		$	6,585		$	6,152		$	12,067		$	10,491
Foreign currency translation adjustments			(711)			(182)			(481)			(1,292)
Pension liability, net of tax of $40,  $41,  $122 and $124, respectively			116			116			347			352
Total comprehensive income		$	5,990		$	6,086		$	11,933		$	9,551

Schedule of accumulated other comprehensive loss

The components of accumulated other comprehensive loss as recorded in the Consolidated Condensed Balance Sheets (Unaudited) were as follows:

		September 30,			December 31,
		2019			2018
		(Dollars in thousands)
Foreign currency translation adjustments		$	(7,382)		$	(6,901)
Pension liability, net of tax			(14,324)			(14,671)
Total accumulated other comprehensive loss		$	(21,706)		$	(21,572)

Schedule of changes in accumulated other comprehensive loss

The following presents a tabular disclosure about changes in accumulated other comprehensive loss during the nine months ended September 30, 2019:

		Foreign			Defined
		Currency			Benefit
		Translation			Pension
		Adjustments			Items			Total
Beginning balance, December 31, 2018		$	(6,901)		$	(14,671)		$	(21,572)
Other comprehensive loss before reclassifications			(481)			—			(481)
Amounts reclassified from accumulated other comprehensive loss			—			347			347
Net current period other comprehensive (loss) income			(481)			347			(134)
Ending balance, September 30, 2019		$	(7,382)		$	(14,324)		$	(21,706)

Schedule of reclassification adjustments out of accumulated other comprehensive loss

The following presents a tabular disclosure about reclassification adjustments out of accumulated other comprehensive loss during the nine months ended September 30, 2019:

		Amounts reclassified
		from accumulated other
		comprehensive loss for			Affected line item in the
		the nine months ended			statement where net
		September 30, 2019			income is presented
Amortization of defined benefit pension items
Prior service cost		$	(47)	(1)	Other expense, net
Actuarial losses			516	(1)	Other expense, net
Total before tax			469
Tax benefit			(122)
Net of tax		$	347

These amounts were included in the net periodic pension cost. See Note 8 for additional details.

X

- Definition

Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss).

+ References

No definition available.

+ Details

Name:	us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of accumulated other comprehensive income (loss).

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14A
-URI http://asc.fasb.org/extlink&oid=118930883&loc=SL7669686-108580

+ Details

Name:	us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of components of comprehensive income (loss). Includes, but is not limited to, foreign currency translation adjustments, foreign currency transactions designated as economic hedges of a net investment in foreign entity, gain (loss) and prior service cost (credit) for pension plans and other postretirement benefit plans.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=118930883&loc=d3e526-108580

+ Details

Name:	us-gaap_ScheduleOfComprehensiveIncomeLossTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of changes in accumulated other comprehensive loss during the period.

+ References

No definition available.

+ Details

Name:	weys_ChangesInAccumulatedOtherComprehensiveLossTableTextBlock
Namespace Prefix:	weys_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration