XML 45 R36.htm IDEA: XBRL DOCUMENT
v3.23.2

BASIS OF PRESENTATION AND SUMMARY OF ACCOUNTING POLICIES - Additional Information (Details) - USD ($) $ in Thousands |  |  | 3 Months Ended | 6 Months Ended |
--- | --- | --- | --- | --- | ---
Jun. 30, 2023 | Nov. 01, 2022 | Jun. 30, 2023 | Dec. 31, 2022 | Jun. 30, 2022 | Jun. 30, 2023 | Dec. 31, 2022 | Jun. 30, 2022 | Dec. 31, 2021 | Oct. 01, 2022
Schedule Of Significant Accounting Policies [Line Items] |  |  |  |  |  |  |  |  |  |
Percentage of total annual net sales in the third and fourth quarters |  |  |  |  |  |  | 54.00% |  | 56.00% |
Restructuring expenses |  |  | $ 0 |  | $ 0 | $ 856 |  | $ 0 |  |
Trade names(1) |  |  |  |  |  |  |  |  |  |
Schedule Of Significant Accounting Policies [Line Items] |  |  |  |  |  |  |  |  |  |
Goodwill, percentage of fair value in excess of carrying value |  |  |  |  |  |  |  |  |  | 12.00%
U.S. |  |  |  |  |  |  |  |  |  |
Schedule Of Significant Accounting Policies [Line Items] |  |  |  |  |  |  |  |  |  |
Goodwill, percentage of fair value in excess of carrying value |  |  |  |  |  |  |  |  |  | 10.00%
U.S. | Reorganization Structure Charge |  |  |  |  |  |  |  |  |  |
Schedule Of Significant Accounting Policies [Line Items] |  |  |  |  |  |  |  |  |  |
Restructuring expenses | $ 200 |  |  | $ 400 |  |  |  |  |  |
Unallocated [Member] |  |  |  |  |  |  |  |  |  |
Schedule Of Significant Accounting Policies [Line Items] |  |  |  |  |  |  |  |  |  |
Employment Termination Costs |  | $ 1,400 |  |  |  |  |  |  |  |
Unallocated [Member] | Employee Severance |  |  |  |  |  |  |  |  |  |
Schedule Of Significant Accounting Policies [Line Items] |  |  |  |  |  |  |  |  |  |
Restructuring expenses |  |  |  | $ 600 |  | 800 |  |  |  |
HSBC Bank [Member] |  |  |  |  |  |  |  |  |  |
Schedule Of Significant Accounting Policies [Line Items] |  |  |  |  |  |  |  |  |  |
Receivables sold outstanding | 0 |  | 0 |  | 25,600 | 0 |  | 25,600 |  |
Receivables Purchase Agreement |  |  |  |  |  |  |  |  |  |
Schedule Of Significant Accounting Policies [Line Items] |  |  |  |  |  |  |  |  |  |
Sale of receivables |  |  |  |  | 33,500 |  |  | 79,800 |  |
Receivables available for sale | $ 23,300 |  | $ 23,300 |  |  | $ 23,300 |  |  |  |
Receivables Purchase Agreement | Selling, general and administrative expense |  |  |  |  |  |  |  |  |  |
Schedule Of Significant Accounting Policies [Line Items] |  |  |  |  |  |  |  |  |  |
Charge related to sale of receivables |  |  |  |  | $ 200 |  |  | $ 300 |  |

X
- Definition Discount on receivables sold. + References No definition available. + Details
Name: | lcut_DiscountOnReceivablesSold
Namespace Prefix: | lcut_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Employment Termination Costs + References No definition available. + Details
Name: | lcut_EmploymentTerminationCosts
Namespace Prefix: | lcut_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Percentage of total annual net sales in the third and fourth quarters. + References No definition available. + Details
Name: | lcut_PercentageOfAnnualNetSales
Namespace Prefix: | lcut_
Data Type: | dtr-types1:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Receivables available for sale + References No definition available. + Details
Name: | lcut_ReceivablesAvailableForSale
Namespace Prefix: | lcut_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The amount of receivables sold during the period. + References No definition available. + Details
Name: | lcut_SaleOfReceivables
Namespace Prefix: | lcut_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Schedule Of Significant Accounting Policies [Line Items] + References No definition available. + Details
Name: | lcut_ScheduleOfSignificantAccountingPoliciesLineItems
Namespace Prefix: | lcut_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage of fair value of reporting unit in excess of carrying amount. + References No definition available. + Details
Name: | us-gaap_ReportingUnitPercentageOfFairValueInExcessOfCarryingAmount
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Amount of expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses related to a discontinued operation or an asset retirement obligation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 45 -Paragraph 28 -Subparagraph (b) -SubTopic 10 -Topic 230 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-28 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(b)(1)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479823/420-10-S99-2 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482047/420-10-45-3 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 5.P.3) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479823/420-10-S99-1 + Details
Name: | us-gaap_RestructuringCharges
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of derecognized financial assets from transactions which comprise an initial transfer and an agreement entered into in contemplation of the initial transfer resulting in retention of substantially all of the exposure to the economic return throughout the term of the transaction, at the date of derecognition. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 4D -Subparagraph (a) -SubTopic 20 -Topic 860 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481326/860-20-50-4D + Details
Name: | us-gaap_TransferOfFinancialAssetsAccountedForAsSalesAmountDerecognized
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassAxis=us-gaap_TradeNamesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=lcut_U.S.SegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RestructuringCostAndReserveAxis=lcut_ReorganizationStructureChargeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=lcut_UnallocatedMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RestructuringCostAndReserveAxis=us-gaap_EmployeeSeveranceMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionAxis=lcut_HSBCBankMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_TypeOfArrangementAxis=lcut_ReceivablesPurchaseAgreementMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_IncomeStatementLocationAxis=us-gaap_SellingGeneralAndAdministrativeExpensesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |