XML 35 R25.htm IDEA: XBRL DOCUMENT
v3.20.2

LEASES (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2020
Leases [Abstract] |
Lease, Cost | The components of lease expense for the three and nine months ended September 30, 2020 and 2019 were as follows (in thousands):
| Three Months Ended September 30, |  | Nine Months Ended September 30, |  |
| 2020 |  | 2019 |  | 2020 |  | 2019 |  |
Operating lease expenses: |  |  |  |  |  |  |  |  |
Fixed | $ | 4,450 |  |  | $ | 4,796 |  |  | $ | 13,755 |  |  | $ | 13,927 |  |  |
Schedule Of Supplemental Cash Flow Information Related To Leases | Supplemental cash flow information for lease related liabilities and assets for the nine months ended September 30, 2020 and 2019 were as follows (in thousands):
| Nine Months Ended September 30,
| 2020 |  |  | 2019
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |
Operating cash flows for operating leases | $ | 10,839 |  |  |  | $ | 12,877 |
| Nine Months Ended September 30,
| 2020 |  |  | 2019
Right-of-use assets obtained in exchange for new lease obligations: |  |  |  |
Operating leases | $ | 38 |  |  |  | $ | 118,054 |
Lessee, Operating Lease, Liability, Maturity | The aggregate future lease payments for operating leases as of September 30, 2020 were as follows (in thousands):
| Operating
2020 (excluding the nine months ending September 30, 2020) | $ | 4,639 |
2021 | 17,965 |
2022 | 18,071 |
2023 | 18,050 |
2024 | 17,723 |
2025 | 17,697 |
Thereafter | 54,993 |
Total lease payments | 149,138 |
Less: Interest | (33,626) |
Present value of lease payments | $ | 115,512 |
Schedule Of Average Lease Terms And Discount Rates | Average lease terms and discount rates were as follows:
| September 30, 2020
Operating leases: |
Weighted-average remaining lease term (years) | 8.4
Weighted-average discount rate | 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=121609121&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=121609121&loc=SL77918701-209980 + Details
Name: | us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration