XML 59 R49.htm IDEA: XBRL DOCUMENT
v3.20.2

DEBT - Additional Information (Details) - USD ($) | 6 Months Ended |
--- | --- | ---
Jun. 30, 2020 | Dec. 31, 2019
ABL Credit Agreement |  |
Debt Instrument [Line Items] |  |
Maximum aggregate principal allowed | $ 150,000,000 | $ 150,000,000
Minimum availability under revolving credit to maintain minimum fixed charge ratio for four consecutive months | $ 15,000,000.0 |
Commitment fee percentage | 10.00% |
Minimum fixed charge coverage ratio | 1.10 |
ABL Credit Agreement | One Month London Inter bank Offered Rate LIBOR |  |
Debt Instrument [Line Items] |  |
Basis spread on variable rate | 1.00% |
Debt Agreements |  |
Debt Instrument [Line Items] |  |
Debt instrument, face amount | $ 275,000,000.0 |
Percentage of capital stock of foreign subsidiaries pledged as collateral | 65.00% |
Minimum term under revolving credit to maintain minimum fixed charge ratio | 45 days |
Term Loan |  |
Debt Instrument [Line Items] |  |
Quarterly payments, percentage of principal amount | 0.25% |
Maximum debt instrument leverage ratio | 3.75 |
Interest rates on outstanding borrowings | 4.50% |
Term Loan | Federal Funds And Overnight Bank Funding Based Rate |  |
Debt Instrument [Line Items] |  |
Basis spread on variable rate | 0.50% |
Term Loan | Alternate Base Rate |  |
Debt Instrument [Line Items] |  |
Basis spread on variable rate | 2.50% |
Term Loan | London Interbank Offered Rate (LIBOR) |  |
Debt Instrument [Line Items] |  |
Basis spread on variable rate | 3.50% |
Minimum | Term Loan | Alternate Base Rate |  |
Debt Instrument [Line Items] |  |
Debt instrument, stated rate | 2.00% |
Senior Secured Asset Based Revolving Credit Facilities | ABL Credit Agreement |  |
Debt Instrument [Line Items] |  |
Maximum aggregate principal allowed | $ 150,000,000.0 |
Increase in maximum borrowing capacity | 200,000,000.0 |
Senior Secured Asset Based Revolving Credit Facilities | Incremental Facilities |  |
Debt Instrument [Line Items] |  |
Debt instrument, stated amount | $ 50,000,000.0 |
Revolving Credit Facility | ABL Credit Agreement | Federal Funds And Overnight Bank Funding Based Rate |  |
Debt Instrument [Line Items] |  |
Basis spread on variable rate | 0.50% |
Revolving Credit Facility | Term Loan | One Month London Inter bank Offered Rate LIBOR |  |
Debt Instrument [Line Items] |  |
Basis spread on variable rate | 1.00% |
Revolving Credit Facility | Minimum | ABL Credit Agreement |  |
Debt Instrument [Line Items] |  |
Interest rates on outstanding borrowings | 1.80% |
Commitment fee percentage | 0.375% |
Revolving Credit Facility | Minimum | ABL Credit Agreement | Alternate Base Rate |  |
Debt Instrument [Line Items] |  |
Basis spread on variable rate | 0.25% |
Revolving Credit Facility | Minimum | ABL Credit Agreement | London Interbank Offered Rate (LIBOR) |  |
Debt Instrument [Line Items] |  |
Basis spread on variable rate | 1.25% |
Revolving Credit Facility | Minimum | Term Loan | One Month London Inter bank Offered Rate LIBOR |  |
Debt Instrument [Line Items] |  |
Debt instrument, stated rate | 1.00% |
Revolving Credit Facility | Minimum | Term Loan | London Interbank Offered Rate (LIBOR) |  |
Debt Instrument [Line Items] |  |
Debt instrument, stated rate | 1.00% |
Revolving Credit Facility | Maximum | ABL Credit Agreement | Alternate Base Rate |  |
Debt Instrument [Line Items] |  |
Basis spread on variable rate | 0.75% |
Revolving Credit Facility | Maximum | ABL Credit Agreement | London Interbank Offered Rate (LIBOR) |  |
Debt Instrument [Line Items] |  |
Basis spread on variable rate | 1.75% |

X
- Definition Debt instrument additional stated amount if certain conditions met. + References No definition available. + Details
Name: | lcut_DebtInstrumentAdditionalStatedAmountIfCertainConditionsMet
Namespace Prefix: | lcut_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Debt Instrument, Covenant, Minimum Fixed Charge Coverage Ratio + References No definition available. + Details
Name: | lcut_DebtInstrumentCovenantMinimumFixedChargeCoverageRatio
Namespace Prefix: | lcut_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | duration

X
- Definition Debt instrument quarterly repayment percentage of principal amount. + References No definition available. + Details
Name: | lcut_DebtInstrumentQuarterlyRepaymentPercentageOfPrincipalAmount
Namespace Prefix: | lcut_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line of credit facility increased maximum borrowing capacity if certain condition met. + References No definition available. + Details
Name: | lcut_LineOfCreditFacilityIncreasedMaximumBorrowingCapacityIfCertainConditionMet
Namespace Prefix: | lcut_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Maximum Debt Instrument Leverage Ratio + References No definition available. + Details
Name: | lcut_MaximumDebtInstrumentLeverageRatio
Namespace Prefix: | lcut_
Data Type: | xbrli:decimalItemType
Balance Type: | na
Period Type: | duration

X
- Definition Minimum availability under revolving credit for three consecutive months to avoid debt covenant. + References No definition available. + Details
Name: | lcut_MinimumAmountOfBorrowingAvailabilityUnderRevolvingCreditFacility
Namespace Prefix: | lcut_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Minimum Term Under Revolving Credit Facility + References No definition available. + Details
Name: | lcut_MinimumTermUnderRevolvingCreditFacility
Namespace Prefix: | lcut_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage of capital stock of foreign subsidiaries pledged as collateral. + References No definition available. + Details
Name: | lcut_PercentageOfCapitalStockOfForeignSubsidiariesPledgedAsCollateral
Namespace Prefix: | lcut_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Percentage points added to the reference rate to compute the variable rate on the debt instrument. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Face (par) amount of debt instrument at time of issuance. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=119993939&loc=d3e28551-108399 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 + Details
Name: | us-gaap_DebtInstrumentFaceAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Contractual interest rate for funds borrowed, under the debt agreement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateStatedPercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The fee, expressed as a percentage of the line of credit facility, for the line of credit facility regardless of whether the facility has been used. + References No definition available. + Details
Name: | us-gaap_LineOfCreditFacilityCommitmentFeePercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The effective interest rate at the end of the reporting period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_LineOfCreditFacilityInterestRateAtPeriodEnd
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The fee, expressed as a percentage of the line of credit facility, for available but unused credit capacity under the credit facility. + References No definition available. + Details
Name: | us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_DebtInstrumentAxis=lcut_ABLCreditAgreementMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=lcut_OneMonthLondonInterBankOfferedRateLIBORMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=lcut_DebtAgreementsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=lcut_TermLoanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=lcut_FederalFundsAndOvernightBankFundingBasedRateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=lcut_AlternateBaseRateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=us-gaap_LondonInterbankOfferedRateLIBORMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MinimumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=lcut_SeniorSecuredAssetBasedRevolvingCreditFacilitiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=lcut_IncrementalFacilitiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=us-gaap_RevolvingCreditFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MaximumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |