XML 37 R27.htm IDEA: XBRL DOCUMENT
v3.19.2

LEASES (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2019
Leases [Abstract] |
Schedule of components of lease costs | The components of lease costs for the three and six months ended June 30, 2019 were as follows (in thousands):
|  | Three Months Ended |  |  | Six Months Ended |
|  | June 30, 2019 |  |  | June 30, 2019 |
Operating lease costs: |  |  |  |  |  |  |  |
Fixed |  | $ | 4,907 |  |  | $ | 9,131 |
Total |  | $ | 4,907 |  |  | $ | 9,131 |
Schedule of supplemental cash flow information related to leases | Supplemental cash flow information for the three and six months ended June 30, 2019 was as follows (in thousands):
|  | Three Months Ended |  |  | Six Months Ended |
|  | June 30, 2019 |  |  | June 30, 2019 |
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |  |  |  |  |
Operating cash flows for operating leases |  | $ | 4,295 |  |  | $ | 7,975 |
Total |  | $ | 4,295 |  |  | $ | 7,975 |
|  | Three Months Ended |  |  | Six Months Ended |
|  | June 30, 2019 |  |  | June 30, 2019 |
Right-of-use assets obtained in exchange for new lease obligations: |  |  |  |  |  |  |  |
Operating leases |  | $ | 20,991 |  |  | $ | 115,488 |
Total |  | $ | 20,991 |  |  | $ | 115,488 |
Aggregate future lease payments for operating and finance leases | The aggregate future lease payments for operating leases as of June 30, 2019 were as follows (in thousands):
|  | Operating |
2019 (excluding the six months ending June 30, 2019) |  | $ | 9,952 |
2020 |  |  | 17,461 |
2021 |  |  | 17,102 |
2022 |  |  | 17,178 |
2023 |  |  | 17,343 |
Thereafter |  |  | 88,825 |
Total lease payments |  |  | 167,861 |
Less: Interest |  |  | (42,068 | )
Present value of lease liabilities |  | $ | 125,793 |
Schedule of average lease terms and discount rates | Average lease terms and discount rates were as follows:
|  | June 30, 2019 |
Weighted-average remaining lease term (years) |  |  |  |
Operating leases |  |  | 9.6 |
Weighted-average discount rate |  |  |  |
Operating leases |  |  | 6.2 | %

X
- Definition Tabular disclosure of average Lease terms and discount rates. + References No definition available. + Details
Name: | lcut_ScheduleOfAverageLeaseTermsAndDiscountRatesTableTextBlock
Namespace Prefix: | lcut_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of supplemental cash flow information related to leases. + References No definition available. + Details
Name: | lcut_ScheduleOfSupplementalCashFlowInformationRelatedToLeasesTableTextBlock
Namespace Prefix: | lcut_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980 + Details
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918701-209980 + Details
Name: | us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration