XML 40 R30.htm IDEA: XBRL DOCUMENT
v3.21.2

Comprehensive Income (Loss) (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2021
Equity |
Schedule of comprehensive income (loss) | Comprehensive income (loss) for the three and six months ended June 30, 2021 and 2020, was as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended June 30, | ​ | Six Months Ended June 30,
​ |  | 2021 |  | 2020 |  | 2021 |  | 2020
​ | ​ | (Dollars in thousands)
Net earnings (loss) | ​ | $ | 3,820 | ​ | $ | (8,883) | ​ | $ | 5,145 | ​ | $ | (7,721)
Foreign currency translation adjustments | ​ |  | 176 | ​ |  | 1,590 | ​ |  | 33 | ​ |  | (968)
Pension liability, net of tax of $65, $52, $129, and $100, respectively | ​ |  | 182 | ​ |  | 144 | ​ |  | 365 | ​ |  | 282
Total comprehensive income (loss) | ​ | $ | 4,178 | ​ | $ | (7,149) | ​ | $ | 5,543 | ​ | $ | (8,407)
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: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | June 30, |  | December 31,
​ | ​ | 2021 | ​ | 2020
​ | ​ | (Dollars in thousands)
Foreign currency translation adjustments | ​ | $ | (6,017) | ​ | $ | (6,050)
Pension liability, net of tax | ​ |  | (21,590) | ​ |  | (21,955)
Total accumulated other comprehensive loss | ​ | $ | (27,607) | ​ | $ | (28,005)
Schedule of changes in accumulated other comprehensive loss | The following presents a tabular disclosure about changes in accumulated other comprehensive loss during the six months ended June 30, 2021: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Foreign | ​ | Defined | ​ | ​ | ​
​ |  | Currency |  | Benefit |  | ​ | ​
​ | ​ | Translation | ​ | Pension | ​ | ​ | ​
​ | ​ | Adjustments | ​ | Items | ​ | Total
Beginning balance, December 31, 2020 | ​ | $ | (6,050) | ​ | $ | (21,955) | ​ | $ | (28,005)
Other comprehensive income before reclassifications | ​ |  | 33 | ​ |  | — | ​ |  | 33
Amounts reclassified from accumulated other comprehensive loss | ​ |  | — | ​ |  | 365 | ​ |  | 365
Net current period other comprehensive income | ​ |  | 33 | ​ |  | 365 | ​ |  | 398
Ending balance, June 30, 2021 | ​ | $ | (6,017) | ​ | $ | (21,590) | ​ | $ | (27,607)
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 six months ended June 30, 2021: ​
​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Amounts reclassified from | ​ | ​
​ | ​ | accumulated other | ​ | ​
​ | ​ | comprehensive loss for | ​ | Affected line item in the
​ | ​ | the six months ended | ​ | statement where net income is
​ |  | June 30, 2021 |  | presented
Amortization of defined benefit pension items |  | ​ |  |  |
Prior service cost | ​ | $ | (31) | (1) | Other income (expense), net
Actuarial losses | ​ |  | 525 | (1) | Other income (expense), net
Total before tax | ​ |  | 494 | ​ |
Tax benefit | ​ |  | (129) | ​ |
Net of tax | ​ | $ | 365 | ​ |
| (1) | These amounts were included in pension expense. 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://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901 Reference 2: 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=121641772&loc=SL7669686-108580 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 20 -URI http://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900 + 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=121641772&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_StockholdersEquityNoteAbstract
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