XML 31 R19.htm IDEA: XBRL DOCUMENT
v3.24.0.1

CONTINGENT CONSIDERATION | 12 Months Ended
--- | ---
Dec. 31, 2023
Contingent Consideration |
CONTINGENT CONSIDERATION | 11. CONTINGENT CONSIDERATION ​ The purchase price of our 2021 acquisition of Forsake included potential payments of future consideration that were contingent upon the achievement of certain milestones. As part of purchase accounting, a liability of $1.3 million was recorded for the estimated fair value of the contingent consideration on the acquisition date. Thereafter, the fair value of the contingent consideration was remeasured at each reporting period. In 2022, we recorded gains of approximately $0.9 million to write-down the fair value of the contingent consideration from $1.3 million to $0.5 million. These gains were recognized within selling and administrative expenses in the Consolidated Statements of Earnings. In early 2023, we reached an agreement with the former owners of Forsake to settle the contingent consideration liability for $0.5 million, which was paid out in the first quarter of 2023.

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

X
- Definition The entire disclosure for business combination contingent consideration. + References No definition available. + Details
Name: | weys_BusinessCombinationContingentConsiderationTextBlock
Namespace Prefix: | weys_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration