XML 36 R27.htm IDEA: XBRL DOCUMENT v3.23.2

Comprehensive Income (Tables)

6 Months Ended

Jun. 30, 2023

Comprehensive Income

Schedule of comprehensive income

​

​	​	​	​	​	​	​	​	​	​	​	​	​
​	​	Three Months Ended June 30,					​	Six Months Ended June 30,
​		2023			2022			2023			2022
​	​	(Dollars in thousands)
Net earnings	​	$	4,864	​	$	4,495	​	$	12,309	​	$	8,548
Foreign currency translation adjustments	​		262	​		(1,235)	​		(44)	​		(714)
Pension liability, net of tax of $30, $60, $65, and $114, respectively	​		84	​		170	​		183	​		324
Total comprehensive income	​	$	5,210	​	$	3,430	​	$	12,448	​	$	8,158

Schedule of accumulated other comprehensive loss

​

​	​	​	​	​	​	​
​		June 30,			December 31,
​	​	2023		​	2022
​	​	(Dollars in thousands)
Foreign currency translation adjustments	​	$	(8,640)	​	$	(8,596)
Pension liability, net of tax	​		(11,414)	​		(11,597)
Total accumulated other comprehensive loss	​	$	(20,054)	​	$	(20,193)

Schedule of changes in accumulated other comprehensive loss

​

​	​	​	​	​	​	​	​	​	​
​		Foreign			Defined			​	​
​	​	Currency		​	Benefit		​	​	​
​	​	Translation		​	Pension		​	​	​
​	​	Adjustments		​	Items		​	Total
Beginning balance, December 31, 2022	​	$	(8,596)	​	$	(11,597)	​	$	(20,193)
Other comprehensive loss before reclassifications	​	​	(44)	​	​	—	​	​	(44)
Amounts reclassified from accumulated other comprehensive loss	​	​	—	​	​	183	​	​	183
Net current period other comprehensive (loss) income	​	​	(44)	​	​	183	​	​	139
Ending balance, June 30, 2023	​	$	(8,640)	​	$	(11,414)	​	$	(20,054)

​

​	​	​	​	​	​	​	​	​	​
​		Foreign			Defined			​	​
​	​	Currency		​	Benefit		​	​	​
​	​	Translation		​	Pension		​	​	​
​	​	Adjustments		​	Items		​	Total
Beginning balance, December 31, 2021	​	$	(6,783)	​	$	(18,011)	​	$	(24,794)
Other comprehensive loss before reclassifications	​	​	(714)	​	​	—	​	​	(714)
Amounts reclassified from accumulated other comprehensive loss	​	​	—	​	​	324	​	​	324
Net current period other comprehensive (loss) income		​	(714)		​	324		​	(390)
Ending balance, June 30, 2022	​	$	(7,497)	​	$	(17,687)	​	$	(25,184)

Schedule of reclassification adjustments out of accumulated other comprehensive loss

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Amounts Reclassified from Accumulated Other Comprehensive Loss

​

Affected line item in the

​

​

Three Months Ended June 30,

​

Six Months Ended June 30,

​

statement where net income is

​

2023

2022

2023

2022

presented

Amortization of defined benefit pension items

​

​

​

​

​

​

​

​

Prior service cost

​

$

5

​

$

1

​

$

10

​

$

3

(1)

Other (expense) income, net

Actuarial losses

​

109

​

​

229

​

​

238

​

435

(1)

Other (expense) income, net

Total before tax

​

114

​

​

230

​

​

248

​

438

Tax benefit

​

(30)

​

​

(60)

​

​

(65)

​

(114)

Net of tax

​

$

84

​

$

170

​

$

183

​

$

324

​

(1) These amounts were included in pension expense. See Note 7 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://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14A
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482790/220-10-45-14A

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 830
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481674/830-30-50-1

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 830
-SubTopic 30
-Name Accounting Standards Codification
-Section 45
-Paragraph 20
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481694/830-30-45-20

+ 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
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Paragraph 1
-Section 45
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482790/220-10-45-1

+ 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