XML 20 R10.htm IDEA: XBRL DOCUMENT v3.23.3

Inventories, Net

9 Months Ended

Sep. 30, 2023

Inventory Disclosure [Abstract]

Inventories, Net

INVENTORIES, NET

Inventories, net consist of the following (in thousands):

			September 30,						December 31,
			2023						2022
Loose diamonds			$	8,986					$	11,894
Fine jewelry and other			28,626						27,744
Allowance for inventory obsolescence			(356)						(307)
Total inventories, net			$	37,256					$	39,331

The allowance for inventory obsolescence consists of the following (in thousands):

			September 30,						September 30,
			2023						2022
Balance at beginning of period			$	(307)					$	(260)
Change in allowance for inventory obsolescence			(49)						(19)
Balance at end of period			$	(356)					$	(279)

As of September 30, 2023 and December 31, 2022, the Company had $27.7 million and $27.6 million, respectively, in consigned inventory held on behalf of suppliers which is not recorded in the unaudited condensed consolidated balance sheets.

X

- References

No definition available.

+ Details

Name:	us-gaap_InventoryDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 330
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org//330/tableOfContent

+ Details

Name:	us-gaap_InventoryDisclosureTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration