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BUSINESS SEGMENTS | 12 Months Ended
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Dec. 31, 2019
Segment Reporting [Abstract] |
BUSINESS SEGMENTS | BUSINESS SEGMENTS Segment information The Company has two reportable segments, U.S. and International. Prior to December 31, 2018, certain international operations of the Company’s business were managed domestically by the U.S. segment. In 2019, the Company realigned its operating segments to reflect the changes in how the Company manages its business, reviews operating performance and allocates resources. The prior period segment information has been recast to reflect the current reportable segment structure of the Company. The Company has segmented its operations to reflect the manner in which management reviews and evaluates the results of its operations. The U.S. segment includes the Company’s primary domestic business that designs, markets and distributes its products to retailers, distributors and its internet websites. The International Segment consists of certain business operations conducted outside the U.S. Management evaluates the performance of the U.S. and International segments based on net sales and income (loss) from operations. Such measures give recognition to specifically identifiable operating costs such as cost of sales, distribution expenses and selling, general and administrative expenses. Certain general and administrative expenses, such as senior executive salaries and benefits, stock compensation, director fees and accounting, legal fees and consulting fees, are not allocated to the specific segments and are reflected as unallocated corporate expenses.
| Year Ended December 31, |  |  |  |
| 2019 |  | 2018 |  | 2017
|  |  | (in thousands) |  |
Net sales: |  |  |  |  |
U.S. | $ | 644,171 |  |  | $ | 609,114 |  |  | $ | 478,144 |
International | 90,731 |  |  | 95,428 |  |  | 101,332 |
Total net sales | $ | 734,902 |  |  | $ | 704,542 |  |  | $ | 579,476 |
Income from operations: |  |  |  |  |
U.S. (1)(2) | $ | 19,826 |  |  | $ | 44,213 |  |  | $ | 39,341 |
International (3)(4) | (22,962) |  |  | (5,395) |  |  | (6,984) |
Unallocated corporate expenses | (20,259) |  |  | (20,239) |  |  | (17,177) |
Total income from operations | $ | (23,395) |  |  | $ | 18,579 |  |  | $ | 15,180 |
Depreciation and amortization: |  |  |  |  |
U.S. | $ | 20,653 |  |  | $ | 18,840 |  |  | $ | 10,004 |
International | 4,462 |  |  | 4,489 |  |  | 4,185 |
Total depreciation and amortization | $ | 25,115 |  |  | $ | 23,329 |  |  | $ | 14,189 |
Capital expenditures: |  |  |  |  |
U.S. | $ | 2,078 |  |  | $ | 7,746 |  |  | $ | 4,176 |
International | 7,091 |  |  | 156 |  |  | 2,135 |
Total capital expenditures | $ | 9,169 |  |  | $ | 7,902 |  |  | $ | 6,311 |
(1)In 2019 and 2018, income from operations for the U.S. segment includes $0.7 million and $2.1 million of restructuring expenses related to the U.S. restructuring plan and the Filament integration, respectively, as described in Note A – Significant Accounting Policies. (2)In 2019, the the Company recognized a non-cash goodwill impairment charge of $33.2 million related to its U.S. reporting unit, as described in Note G - Goodwill and intangible assets. (3)In 2019, 2018 and 2017, income from operations for the International segment includes $0.7 million, $0.2 million and $1.0 million, respectively, of restructuring expenses related to the integration of entities in Europe, as described in Note A – Significant Accounting Policies. (4)In 2019 and 2018, T he Company recognized a $9.7 million non-cash goodwill impairment charge related to the European kitchenware business and a non-cash goodwill impairment charge of $2.2 million related to the European tableware business, respectively, as described in Note G - Goodwill and intangible assets.
| December |  |
| 2019 |  | 2018
| (in thousands) |  |
Assets: |  |  |
U.S. | $ | 639,047 |  |  | $ | 604,532 |
International | 117,935 |  |  | 94,210 |
Unallocated corporate | 13,041 |  |  | 9,830 |
Total assets | $ | 770,023 |  |  | $ | 708,572 |
| Year Ended December |  |
| 2019 |  | 2018
| (in thousands) |  |
Goodwill: |  |  |
U.S. |  |  |
Beginning balance | $ | 81,641 |  |  | $ | 2,846 |
Acquisition activity | — |  |  | 78,795 |
Purchase price adjustment | 972 |  |  | — |
Impairment | (33,242) |  |  | — |
Ending balance | 49,371 |  |  | 81,641 |
International |  |  |
Beginning balance | 10,049 |  |  | 12,926 |
Foreign currency translation adjustment | (301) |  |  | (672) |
Impairment | (9,748) |  |  | (2,205) |
Ending balance | — |  |  | 10,049 |
Total goodwill | $ | 49,371 |  |  | 91,690 |
Geographical information The following table sets forth long-lived assets by the major geographic locations:
| December, |  |
| 2019 |  | 2018
| (in thousands) |  |
Long-lived assets, excluding intangible assets, at period-end: |  |  |
United States | $ | 23,455 |  |  | $ | 25,229 |
Mexico | 21,288 |  |  | 22,583 |
United Kingdom | 8,353 |  |  | 1,896 |
Rest of World | 432 |  |  | 480 |
Total | $ | 53,528 |  |  | $ | 50,188 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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