XML 50 R31.htm IDEA: XBRL DOCUMENT v3.23.1
Acquisitions, Divestitures and Variable Interest Entities - Sale of Majority Interest in Isaac Mizrahi Brand (Details)
 7 Months Ended 12 Months Ended
May 31, 2022
USD ($)
shares
May 27, 2022
USD ($)
Y
Mar. 18, 2021
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2022
USD ($)
shares
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]          
Additional shares issued | shares 65,275        
Amount of de-recognized asset $ 44,500,000        
Fair value of retained interest 19,800,000        
Expenses related to this transaction 900,000        
Agent fees paid 100,000        
Gain on sale of majority interest in Isaac Mizrahi brand         $ 20,586,000
Loss from equity method investment         (1,202,000)
Members contribution         $ 600,000
IM Topco, LLC          
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]          
Company's noncontrolling ownership interest   30.00%      
Management          
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]          
Cash bonus $ 1,000,000.0        
IM Topco, LLC          
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]          
Ownership interest 70.00%        
Loss from equity method investment $ 1,200,000        
Members contribution   $ 600,000      
Lori Goldstein Brand | Senior Management          
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]          
Cash bonus     $ 175,000    
Restricted Stock          
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]          
Number of shares vested | shares         830,123
Isaac Mizrahi          
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]          
Shares surrendered for cancellation | shares 240,000        
Additional shares issued | shares 33,557        
Value of shares issued $ 50,000        
Payments to related party $ 100,000        
Isaac Mizrahi | Restricted Stock          
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]          
Number of shares vested | shares 522,500        
Business Venture Agreement          
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]          
Net cash flow distributable to members (in percent) 100.00%        
Net cash flow distributable to members $ 1,316,200        
Business Venture Agreement | WHP          
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]          
Net cash flow distributable to members (in percent) 100.00%        
Net cash flow distributable to members $ 8,852,000        
Services Agreement | IM Topco          
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]          
Due from related party 300,000        
License Agreement | IM Topco          
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]          
Royalty guarantees $ 400,000        
Disposed of by Sale | Isaac Mizrahi | WHP          
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]          
Adjustments to purchase price payable       $ 11,680,000 $ 11,680,000
WHP earned in cashflow       $ 4,320,000  
IM Brand trademarks and other intellectual property rights | Disposed of by Sale          
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]          
Percentage of membership interests sold   70.00%      
Purchase price paid in cash   $ 46,200,000      
Earn-out consideration   2,000,000.0      
Amount of adjustments to retained interest   17,500,000      
EBITDA   11,800,000      
Royalty guarantees   $ 13,347,000      
Number of consecutive quarters for royalty payable term | Y   4      
Royalty payable term   3 years      
Adjustments to purchase price payable   $ 16,000,000