XML 51 R39.htm IDEA: XBRL DOCUMENT
v3.20.4

SEGMENT INFORMATION (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2020
SEGMENT INFORMATION |
Schedule of Segment Reporting Information | The accounting policies of the segments are the same as those described in the Summary of Significant Accounting Policies. Summarized segment data for the years ended December 31, 2020 and 2019 was as follows:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Wholesale |  | Retail |  | Other |  | Total
​ | ​ | (Dollars in thousands)
2020 |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Product sales | ​ | $ | 151,012 | ​ | $ | 21,499 | ​ | $ | 21,690 | ​ | $ | 194,201
Licensing revenues | ​ |  | 1,174 | ​ |  | — | ​ |  | — | ​ |  | 1,174
Net sales | ​ |  | 152,186 | ​ |  | 21,499 | ​ |  | 21,690 | ​ |  | 195,375
Depreciation | ​ |  | 1,973 | ​ |  | 211 | ​ |  | 717 | ​ |  | 2,901
Earnings (loss) from operations | ​ |  | 975 | (1) |  | (1,073) | (2) |  | (7,500) | (3) |  | (7,598)
Total assets | ​ |  | 222,255 | ​ |  | 7,374 | ​ |  | 27,090 | ​ |  | 256,719
Capital expenditures | ​ |  | 3,095 | ​ |  | 30 | ​ |  | 243 | ​ |  | 3,368
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
2019 | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Product sales | ​ | $ | 239,091 | ​ | $ | 25,231 | ​ | $ | 36,653 | ​ | $ | 300,975
Licensing revenues | ​ |  | 3,036 | ​ |  | — | ​ |  | — | ​ |  | 3,036
Net sales | ​ |  | 242,127 | ​ |  | 25,231 | ​ |  | 36,653 | ​ |  | 304,011
Depreciation | ​ |  | 2,088 | ​ |  | 315 | ​ |  | 889 | ​ |  | 3,292
Earnings (loss) from operations | ​ |  | 27,755 | ​ |  | 2,791 | ​ |  | (3,506) | ​ |  | 27,040
Total assets | ​ |  | 250,266 | ​ |  | 11,783 | ​ |  | 34,868 | ​ |  | 296,917
Capital expenditures | ​ |  | 6,902 | ​ |  | 20 | ​ |  | 470 | ​ |  | 7,392
​
(1) | Includes $2.0 million in employee costs related to restructuring and temporary closures, $4.3 million from two large customer receivable write-offs due to bankruptcies filed during the pandemic, and $0.2 million in other related charges, partially offset by $1.7 million of income from government wage subsidies.
(2) | Includes $0.3 million in employee costs related to restructuring and temporary closures, $1.0 million for the impairment of retail store fixed assets, and $1.5 million in early lease termination charges, partially offset by $0.2 million of income from government wage subsidies.
(3) | Includes $3.6 million in employee costs related to restructuring and temporary closures, $2.1 million for the impairment of retail store fixed assets and operating lease right-of-use assets, $2.0 million in reserves for obsolete and slow-moving inventory due to COVID-19-related impacts, and $0.3 million in related charges, partially offset by $3.5 million of income from government wage and rent subsidies.
Schedule of Company's business by geographic area | Financial information relating to the Company’s business by geographic area was as follows for the years ended December 31, 2020 and 2019:
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2020 |  | 2019
​ | ​ | (Dollars in thousands)
Net Sales |  | ​ |  |  | ​ |
United States | ​ | $ | 155,955 | ​ | $ | 245,073
Canada | ​ |  | 17,730 | ​ |  | 22,285
Europe | ​ |  | 2,600 | ​ |  | 6,223
Australia | ​ |  | 15,252 | ​ |  | 22,459
Asia | ​ |  | 1,969 | ​ |  | 5,085
South Africa | ​ |  | 1,869 | ​ |  | 2,886
Total | ​ | $ | 195,375 | ​ | $ | 304,011
​ | ​ | ​ | ​ | ​ | ​ | ​
Long-Lived Assets | ​ |  |  | ​ |  |
United States | ​ | $ | 77,975 | ​ | $ | 81,603
Other | ​ |  | 9,756 | ​ |  | 16,972
​ | ​ | $ | 87,731 | ​ | $ | 98,575
​

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of entity wide geographic areas Financial information relating to net sales and long-lived assets in individual foreign countries by country. + References No definition available. + Details
Name: | weys_ScheduleOfEntityWideDisclosureOnGeographicAreasNetSalesAndLongLivedAssetsInIndividualForeignCountriesByCountryTableTextBlock
Namespace Prefix: | weys_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration