XML 71 R24.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Valuation and Qualifying Accounts | 12 Months Ended
--- | ---
Dec. 31, 2013
Valuation and Qualifying Accounts | LIFETIME BRANDS, INC. SCHEDULE II—VALUATION AND QUALIFYING ACCOUNTS (in thousands)
COL. A |  | COL. B |  |  | COL. C |  |  | COL. D |  |  | COL. E |
|  |  |  |  | Additions |  |  |  |  |  |  |
Description |  | Balance at beginning of period |  |  | Due to acquisitions |  |  | Charged to costs and expenses |  |  | Deductions |  |  | Balance at end of period |
Year ended December 31, 2013 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deducted from asset accounts: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Allowance for doubtful accounts |  | $ | 361 |  |  | $ | — |  |  | $ | 260 |  |  | $ | (148 | )(a) |  | $ | 473 |
Reserve for sales returns and allowances |  |  | 3,635 |  |  |  | — |  |  |  | 6,004 | (c) |  |  | (4,903 | )(b) |  |  | 4,736 |
|  | $ | 3,996 |  |  | $ | — |  |  | $ | 6,264 |  |  | $ | (5,051 | ) |  | $ | 5,209 |
Year ended December 31, 2012 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deducted from asset accounts: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Allowance for doubtful Accounts |  | $ | 328 |  |  | $ | 67 |  |  | $ | 181 |  |  | $ | (215 | )(a) |  | $ | 361 |
Reserve for sales returns and allowances |  |  | 4,274 |  |  |  | 179 |  |  |  | 6,660 | (c) |  |  | (7,478 | )(b) |  |  | 3,635 |
|  | $ | 4,602 |  |  | $ | 246 |  |  | $ | 6,841 |  |  | $ | (7,693 | ) |  | $ | 3,996 |
Year ended December 31, 2011 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deducted from asset accounts: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Allowance for doubtful accounts |  | $ | 1,057 |  |  | $ | — |  |  | $ | 63 |  |  | $ | (792 | )(a) |  | $ | 328 |
Reserve for sales returns and allowances |  |  | 11,554 |  |  |  | — |  |  |  | 3,378 | (c) |  |  | (10,658 | )(b) |  |  | 4,274 |
|  | $ | 12,611 |  |  | $ | — |  |  | $ | 3,441 |  |  | $ | (11,450 | ) |  | $ | 4,602 |
(a) | Uncollectible accounts written off, net of recoveries.
(b) | Allowances granted.
(c) | Charged to net sales.

X
- Definition The entire disclosure for any allowance and reserve accounts (their beginning and ending balances, as well as a reconciliation by type of activity during the period). Alternatively, disclosure of the required information may be within the footnotes to the financial statements or a supplemental schedule to the financial statements. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e24092-122690 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 09 -Article 12 + Details
Name: | us-gaap_ScheduleOfValuationAndQualifyingAccountsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration