XML 39 R30.htm IDEA: XBRL DOCUMENT
v3.22.1

Comprehensive Income (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2022
Comprehensive Income |
Schedule of comprehensive income | Comprehensive income for the three months ended March 31, 2022 and 2021, was as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended March 31,
​ |  | 2022 |  | 2021
​ | ​ | (Dollars in thousands)
Net earnings | ​ | $ | 4,053 | ​ | $ | 1,325
Foreign currency translation adjustments | ​ |  | 521 | ​ |  | (143)
Pension liability, net of tax of $54 and $64, respectively | ​ |  | 154 | ​ |  | 183
Total comprehensive income | ​ | $ | 4,728 | ​ | $ | 1,365
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: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | March 31, |  | December 31,
​ | ​ | 2022 | ​ | 2021
​ | ​ | (Dollars in thousands)
Foreign currency translation adjustments | ​ | $ | (6,262) | ​ | $ | (6,783)
Pension liability, net of tax | ​ |  | (17,857) | ​ |  | (18,011)
Total accumulated other comprehensive loss | ​ | $ | (24,119) | ​ | $ | (24,794)
Schedule of changes in accumulated other comprehensive loss | The following table shows changes in accumulated other comprehensive loss during the three months ended March 31, 2022 and 2021: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Foreign |  | Defined |  | ​ | ​
​ | ​ | Currency | ​ | Benefit | ​ | ​ | ​
​ | ​ | Translation | ​ | Pension | ​ | ​ | ​
​ | ​ | Adjustments | ​ | Items | ​ | Total
Beginning balance, December 31, 2021 | ​ | $ | (6,783) | ​ | $ | (18,011) | ​ | $ | (24,794)
Other comprehensive income before reclassifications | ​ | ​ | 521 | ​ | ​ | — | ​ | ​ | 521
Amounts reclassified from accumulated other comprehensive loss | ​ | ​ | — | ​ | ​ | 154 | ​ | ​ | 154
Net current period other comprehensive income | ​ | ​ | 521 | ​ | ​ | 154 | ​ | ​ | 675
Ending balance, March 31, 2022 | ​ | $ | (6,262) | ​ | $ | (17,857) | ​ | $ | (24,119)
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Foreign |  | Defined |  | ​ | ​
​ | ​ | Currency | ​ | Benefit | ​ | ​ | ​
​ | ​ | Translation | ​ | Pension | ​ | ​ | ​
​ | ​ | Adjustments | ​ | Items | ​ | Total
Beginning balance, December 31, 2020 | ​ | $ | (6,050) | ​ | $ | (21,955) | ​ | $ | (28,005)
Other comprehensive loss before reclassifications | ​ | ​ | (143) | ​ | ​ | — | ​ | ​ | (143)
Amounts reclassified from accumulated other comprehensive loss | ​ | ​ | — | ​ | ​ | 183 | ​ | ​ | 183
Net current period other comprehensive (loss) income |  | ​ | (143) |  | ​ | 183 |  | ​ | 40
Ending balance, March 31, 2021 | ​ | $ | (6,193) | ​ | $ | (21,772) | ​ | $ | (27,965)
Schedule of reclassification adjustments out of accumulated other comprehensive loss | The following table shows reclassification adjustments out of accumulated other comprehensive loss during the three months ended March 31, 2022: ​
​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Amounts reclassified from | ​ | ​
​ | ​ | accumulated other | ​ | ​
​ | ​ | comprehensive loss for | ​ | Affected line item in the
​ | ​ | the three months ended | ​ | statement where net income is
​ |  | March 31, 2022 |  | presented
Amortization of defined benefit pension items |  | ​ |  |  |
Prior service cost | ​ | $ | 2 | (1) | Other (expense) income, net
Actuarial losses | ​ |  | 206 | (1) | Other (expense) income, net
Total before tax | ​ |  | 208 | ​ |
Tax benefit | ​ |  | (54) | ​ |
Net of tax | ​ | $ | 154 | ​ |
| (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: | dtr-types: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=124509347&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: | dtr-types: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=124509347&loc=d3e526-108580 + Details
Name: | us-gaap_ScheduleOfComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
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: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition n/a + References No definition available. + Details
Name: | weys_ComprehensiveIncomeLossAbstract
Namespace Prefix: | weys_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration