Hamilton Beach Brands Holding (HBB) 10-Q 7 Nov 19 2019 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2019	Nov. 01, 2019
Entity Information [Line Items]
Entity Registrant Name	HAMILTON BEACH BRANDS HOLDING COMPANY
Entity Central Index Key	0001709164
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Document Type	10-Q
Document Period End Date	Sep. 30, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q3
Amendment Flag	false
Entity Current Reporting Status	Yes
Entity Shell Company	false
Shares Outstanding Class A
Entity Information [Line Items]
Shares Outstanding (in shares)		9,147,309
Shares Outstanding Class B
Entity Information [Line Items]
Shares Outstanding (in shares)		4,369,489

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018	Sep. 30, 2018
Assets
Cash and cash equivalents	$ 1,866	$ 6,352	$ 2,139
Trade receivables, net	106,135	102,592	113,683
Inventory	181,847	144,691	183,831
Prepaid expenses and other current assets	22,445	24,514	20,766
Total current assets	312,293	278,149	320,419
Property, plant and equipment, net	22,653	22,630	23,309
Goodwill	6,253	6,253	6,253
Other intangible assets, net	3,483	4,519	4,864
Deferred income taxes	6,161	8,163	10,450
Deferred costs	8,925	8,012	10,306
Other non-current assets	1,561	2,701	3,322
Total assets	361,329	330,427	378,923
Liabilities and stockholders' equity
Accounts payable	147,206	132,968	143,955
Accounts payable to NACCO Industries, Inc.	220	2,419	2,480
Revolving credit agreements	59,702	11,624	69,883
Accrued compensation	15,568	17,023	16,575
Accrued product returns	8,266	10,941	9,601
Accrued cooperative advertising	9,940	10,314	8,950
Other current liabilities	20,711	21,612	18,189
Total current liabilities	261,613	206,901	269,633
Revolving credit agreements	30,000	35,000	30,000
Other long-term liabilities	14,961	23,088	24,840
Total liabilities	306,574	264,989	324,473
Stockholders' equity
Capital in excess of par value	54,143	51,714	51,366
Treasury stock, at cost; 129,687 shares as of June 30,2019, no shares as of December 31, 2018 and June 30, 2018, respectively	(5,960)	0	0
Retained earnings	24,955	30,897	17,031
Accumulated other comprehensive loss	(18,522)	(17,310)	(14,084)
Total stockholders' equity	54,755	65,438	54,450
Total liabilities and stockholders' equity	361,329	330,427	378,923
Class A Common Stock
Stockholders' equity
Common stock	95	93	92
Class B Common Stock
Stockholders' equity
Common stock	$ 44	$ 44	$ 45

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Income Statement [Abstract]
Revenue	$ 169,778	$ 196,901	$ 463,582	$ 501,475
Cost of sales	129,194	146,550	352,618	372,478
Gross profit	40,584	50,351	110,964	128,997
Selling, general and administrative expenses	36,182	39,211	108,306	117,328
Amortization of intangible assets	345	345	1,036	1,036
Operating profit	4,057	10,795	1,622	10,633
Interest expense, net	864	1,001	2,514	2,422
Other expense (income), net	688	(426)	230	(253)
Income (loss) before income taxes	2,505	10,220	(1,122)	8,464
Income tax expense	2,108	2,176	1,186	1,712
Net income (loss)	$ 397	$ 8,044	$ (2,308)	$ 6,752
Basic and diluted loss per share (in usd per share)	$ 0.03	$ 0.59	$ (0.17)	$ 0.49
Basic weighted average shares outstanding (in shares)	13,579	13,704	13,726	13,694
Diluted weighted average shares outstanding (in shares)	13,595	13,713	13,726	13,697

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 397	$ 8,044	$ (2,308)	$ 6,752
Foreign currency translation adjustment	(312)	1,257	244	1,282
Loss on long-term intra-entity foreign currency transactions	(509)	(53)	(373)	(1,066)
Cash flow hedging activity	(127)	(301)	(1,570)	452
Reclassification of hedging activities into earnings	122	(102)	268	105
Reclassification of pension adjustments into earnings	127	115	219	415
Total other comprehensive income (loss), net of tax	(699)	916	(1,212)	1,188
Comprehensive income (loss)	$ (302)	$ 8,960	$ (3,520)	$ 7,940

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Operating activities
Net income (loss)	$ (2,308)	$ 6,752
Adjustments to reconcile net income (loss) to net cash used for operating activities:
Depreciation and amortization	3,279	3,775
Deferred income taxes	2,969	1,900
Share-based compensation expense	2,430	3,270
Impairment of property, plant and equipment	975	244
Other	142	(3,064)
Net changes in operating assets and liabilities:
Affiliate payable	(2,199)	(6,709)
Trade receivables	(4,897)	(4,992)
Inventory	(37,641)	(49,087)
Other assets	(231)	(6,524)
Accounts payable	14,927	943
Other liabilities	(12,577)	6,912
Net cash used for operating activities	(35,131)	(46,580)
Investing activities
Expenditures for property, plant and equipment	(3,305)	(7,240)
Other	37	7
Net cash used for investing activities	(3,268)	(7,233)
Financing activities
Net additions to revolving credit agreements	43,074	48,538
Cash dividends paid	(3,634)	(3,492)
Purchase of treasury stock	(5,960)	0
Net cash provided by financing activities	33,480	45,046
Effect of exchange rate changes on cash	433	0
Cash and cash equivalents
Decrease for the period	(4,486)	(8,767)
Balance at the beginning of the period	6,352	10,906
Balance at the end of the period	$ 1,866	$ 2,139

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Changes in Equity - USD ($) $ in Thousands	Total	Capital in excess of par value	Treasury stock	Retained earnings	Accumulated other comprehensive income (loss)	Class A Common StockCommon Stock	Class B Common StockCommon Stock
Balance, beginning of period at Dec. 31, 2017	$ 46,408	$ 47,773		$ 12,603	$ (14,104)	$ 88	$ 48
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(418)			(418)
Issuance of common stock, net of conversions	324	323				4	(3)
Share-based compensation expense	955	955
Cash dividends on Class A Common and Class B Common	(1,162)			(1,162)
Other comprehensive loss	1,206				1,206
Reclassification adjustment to net income	324				324
Balance, end of period at Mar. 31, 2018	47,637	49,051		12,191	(13,742)	92	45
Balance, beginning of period at Dec. 31, 2017	46,408	47,773		12,603	(14,104)	88	48
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	6,752
Balance, end of period at Sep. 30, 2018	54,450	51,366		17,031	(14,084)	92	45
Balance, beginning of period at Mar. 31, 2018	47,637	49,051		12,191	(13,742)	92	45
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(874)			(874)
Issuance of common stock, net of conversions	198	198
Share-based compensation expense	1,472	1,472
Cash dividends on Class A Common and Class B Common	(1,165)			(1,165)
Other comprehensive loss	(1,441)				(1,441)
Reclassification adjustment to net income	183				183
Balance, end of period at Jun. 30, 2018	46,010	50,721		10,152	(15,000)	92	45
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	8,044			8,044
Issuance of common stock, net of conversions	246	246
Share-based compensation expense	399	399
Cash dividends on Class A Common and Class B Common	(1,165)			(1,165)
Other comprehensive loss	903				903
Reclassification adjustment to net income	13				13
Balance, end of period at Sep. 30, 2018	54,450	51,366		17,031	(14,084)	92	45
Balance, beginning of period at Dec. 31, 2018	65,438	51,714	$ 0	30,897	(17,310)	93	44
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(1,761)			(1,761)
Issuance of common stock, net of conversions	1	(1)				2
Share-based compensation expense	807	807
Cash dividends on Class A Common and Class B Common	(1,177)			(1,177)
Other comprehensive loss	(221)				(221)
Reclassification adjustment to net income	(8)				(8)
Balance, end of period at Mar. 31, 2019	63,079	52,520	0	27,959	(17,539)	95	44
Balance, beginning of period at Dec. 31, 2018	65,438	51,714	0	30,897	(17,310)	93	44
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(2,308)
Purchase of treasury stock	(6,000)
Balance, end of period at Sep. 30, 2019	54,755	54,143	(5,960)	24,955	(18,522)	95	44
Balance, beginning of period at Mar. 31, 2019	63,079	52,520	0	27,959	(17,539)	95	44
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(944)			(944)
Share-based compensation expense	822	822
Cash dividends on Class A Common and Class B Common	(1,242)			(1,242)
Other comprehensive loss	(530)				(530)
Reclassification adjustment to net income	246				246
Purchase of treasury stock	(2,334)		(2,334)
Balance, end of period at Jun. 30, 2019	59,097	53,342	(2,334)	25,773	(17,823)	95	44
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	397			397	0
Share-based compensation expense	801	801			0
Cash dividends on Class A Common and Class B Common	(1,215)			(1,215)	0
Other comprehensive loss	(948)				(948)
Reclassification adjustment to net income	249				249
Purchase of treasury stock	(3,626)		(3,626)
Balance, end of period at Sep. 30, 2019	$ 54,755	$ 54,143	$ (5,960)	$ 24,955	$ (18,522)	$ 95	$ 44

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Changes in Equity (Parenthetical) - $ / shares	3 Months Ended
	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018
Statement of Stockholders' Equity [Abstract]
Cash Dividends on Class A Common and Class B Common per share (in usd per share)	$ 0.09	$ 0.09	$ 0.085	$ 0.085	$ 0.085	$ 0.085

Basis of Presentation

Basis of Presentation	9 Months Ended
	Sep. 30, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The unaudited interim condensed consolidated financial statements of Hamilton Beach Brands Holding Company and its subsidiaries ("Hamilton Beach Holding” or the “Company”) have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and notes required by U.S. GAAP for complete financial statements. In the opinion of management, all adjustments of a normal recurring nature considered necessary for a fair presentation have been included. These financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company's Annual Report on Form 10-K for the year ended December 31, 2018. The Company operates through its subsidiaries, Hamilton Beach Brands, Inc. ("HBB") and The Kitchen Collection, LLC ("KC"). HBB is a leading designer, marketer and distributor of branded, small electric household and specialty housewares appliances, as well as commercial products for restaurants, bars and hotels. KC is a national specialty retailer of kitchenware primarily in outlet malls throughout the United States ("U.S."). Operating results for the three and nine months ended September 30, 2019 are not necessarily indicative of the results that may be expected for the remainder of the year due to the highly seasonal nature of our primary markets. A majority of revenue and operating profit occurs in the second half of the calendar year when sales of our products to retailers and consumers increase significantly for the fall holiday-selling season. Prior period interest income amounts have been reclassified from other expense (income), net to interest expense, net and prior period non-trade customer receivable amounts have been reclassified from trade receivables, net to prepaid expenses and other current assets to conform to the current period presentation. The following new accounting policy is reflected in these quarterly financial statements as a result of the share repurchases made during the first nine months of 2019: Treasury Stock The Company records the aggregate purchase price of treasury stock at cost and includes treasury stock as a reduction to stockholders' equity.

Recently Issued Accounting Stan

Recently Issued Accounting Standards	9 Months Ended
	Sep. 30, 2019
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Recently Issued Accounting Standards	Recently Issued Accounting Standards Accounting Standards Adopted In March 2017, the FASB issued ASU 2017-07, "Compensation - Retirement Benefits (Topic 715)," which amends the requirements in U.S. GAAP related to the income statement presentation of the components of net periodic benefit cost for an entity's sponsored defined benefit pension and other post-retirement plans. The Company adopted this guidance on January 1, 2019. The change in presentation of the components of net periodic pension cost was applied retrospectively which resulted in $0.2 million and $0.6 million of net periodic pension income for the three and nine months ended September 30, 2018, respectively, being reclassified from selling, general and administrative expenses to other expense (income), net. Accounting Standards Not Yet Adopted The Company is an emerging growth company and has elected not to opt out of the extended transition period for complying with new or revised accounting standards, which means that when a standard is issued or revised and it has different application dates for public or nonpublic entities, the Company can adopt the new or revised standard at the time nonpublic entities adopt the new or revised standard. In February 2016, the FASB issued ASU 2016-02, “Leases (Topic 842)," which requires an entity to recognize assets and liabilities for the rights and obligations created by leased assets. For nonpublic entities, the amendments are effective for fiscal years beginning after December 15, 2019, and interim periods within fiscal years beginning after December 15, 2020. Early adoption is permitted. The Company is planning to adopt ASU 2016-02 for its year ending December 31, 2020 and is currently evaluating to what extent ASU 2016-02 will affect the Company's financial position, results of operations, cash flows and related disclosures. In June 2016, the FASB issued ASU 2016-13, “Financial Instruments - Credit Losses (Topic 326)," which requires an entity to recognize credit losses as an allowance rather than as a write-down. For nonpublic entities, the amendments are effective for fiscal years beginning after December 15, 2020, and interim periods within fiscal years beginning after December 15, 2020. Early adoption is permitted. The Company is planning to adopt ASU 2016-03 for its year ending December 31, 2021 and is currently evaluating to what extent ASU 2016-13 will affect the Company's financial position, results of operations, cash flows and related disclosures.

Transfer of Financial Assets

Transfer of Financial Assets	9 Months Ended
	Sep. 30, 2019
Transfers and Servicing [Abstract]
Transfer of financial assets	Transfer of Financial Assets T he Company has entered into an arrangement with a financial institution to sell certain U.S. trade receivables on a non-recourse basis. The Company utilizes this arrangement as an integral part of financing working capital. Under the terms of the agreement, the Company receives cash proceeds and retains no rights or interest and has no obligations with respect to the sold receivables. These transactions are accounted for as sold receivables which result in a reduction in trade receivables because the agreement transfers effective control over and risk related to the receivables to the buyer. Under this arrangement, the Company derecognized $36.9 million and $104.8 million of trade receivables during the three and nine months ending September 30, 2019 , respectively, $37.0 million and $107.2 million of trade receivables during the three and nine months ending September 30, 2018, respectively, and $165.4 million during the year ending December 31, 2018. The loss incurred on sold receivables in the consolidated results of operations for the three and nine months ended September 30, 2019 and 2018 was not material. The Company does not carry any servicing assets or liabilities. Cash proceeds from this arrangement are reflected as operating activities in the Condensed Consolidated Statements of Cash Flows.

Inventory

Inventory	9 Months Ended
	Sep. 30, 2019
Inventory Disclosure [Abstract]
Inventory	Inventory Inventory is summarized as follows: SEPTEMBER 30 DECEMBER 31 SEPTEMBER 30 HBB $ 161,043 $ 122,697 $ 155,744 KC 20,804 21,994 28,087 Total inventory $ 181,847 $ 144,691 $ 183,831

Fair Value Disclosure

Fair Value Disclosure	9 Months Ended
	Sep. 30, 2019
Fair Value Disclosures [Abstract]
Fair Value Disclosure	Fair Value Disclosure The following table presents the Company's assets and liabilities accounted for at fair value on a recurring basis: Description Balance Sheet Location SEPTEMBER 30 2019 DECEMBER 31 2018 SEPTEMBER 30 2018 Assets: Interest rate swap agreements Current Prepaid expenses and other current assets $ — $ 349 $ 440 Long-term Other non-current assets — 710 1,268 Foreign currency exchange contracts Current Prepaid expenses and other current assets — 231 29 $ — $ 1,290 $ 1,737 Liabilities: Interest rate swap agreements Current Other current liabilities $ 4 $ — $ — Long-term Other long-term liabilities 244 — — Foreign currency exchange contracts Current Other current liabilities 78 87 310 $ 326 $ 87 $ 310 The Company measures its derivatives at fair value using significant observable inputs, which is Level 2 as defined in the fair value hierarchy. The Company uses a present value technique that incorporates the LIBOR swap curve, foreign currency spot rates and foreign currency forward rates to value its derivatives, including its interest rate swap agreements and foreign currency exchange contracts, and also incorporates the effect of its subsidiary and counterparty credit risk into the valuation. During the periods ended September 30, 2019 , December 31, 2018 and September 30, 2018, there were no transfers into or out of Levels 1, 2 or 3. Nonrecurring Fair Value Measurements: The Company evaluates long-lived assets for impairment whenever events or circumstances indicate that the carrying amount of an asset may not be recoverable. Certain factors, such as the estimated property, plant and equipment salvage value, used for this nonrecurring fair value measurement are considered a Level 3 input. At September 30, 2019, the Company determined the carrying value of KC’s long-lived assets compared to the estimated undiscounted future cash flows were not recoverable as the Company lowered KC’s outlook for the prospect of a future return to profitability due to the continued decrease in comparable store sales. Based on the estimated selling price of KC’s property, plant and equipment in an orderly transaction between market participants, the Company recorded a $1.0 million impairment charge in selling, general and administrative expenses during the third quarter of 2019.

Stockholders' Equity

Stockholders' Equity	9 Months Ended
	Sep. 30, 2019
Equity [Abstract]
Stockholders' Equity	Stockholders' Equity Capital Stock: The following table sets forth the Company's authorized capital stock information: SEPTEMBER 30 2019 DECEMBER 31 2018 SEPTEMBER 30 2018 (In thousands) Preferred stock, par value $0.01 per share Preferred stock authorized 5,000 5,000 5,000 Preferred stock outstanding — — — Class A Common stock, par value $0.01 per share Class A Common stock authorized 70,000 70,000 70,000 Class A Common issued (1)(2) 9,488 9,291 9,238 Class B Common stock, par value $0.01 per share, convertible into Class A on a one-for-one basis Class B Common stock authorized 30,000 30,000 30,000 Class B Common issued (1) 4,377 4,422 4,465 (1) Class B Common converted to Class A Common were 6 and 44 shares during the three and nine months ending September 30, 2019, respectively, and 11 and 343 shares during the three and nine months ending September 30, 2018, respectively. (2) The Company issued Class A Common shares of 13 and 153 during the three and nine months ending September 30, 2019, respectively, and 9 and 30 during the three and nine months ending September 30, 2018, respectively. Stock Repurchase Program: In May 2018, the Company established a stock repurchase program allowing for the purchase of up to $25.0 million of the Company's Class A Common Stock outstanding through December 31, 2019. During the nine months ended September 30, 2019, the Company repurchased 364,893 shares at prevailing market prices for an aggregate purchase price of $6.0 million . There were no share repurchases during the twelve months ended December 31, 2018. Accumulated Other Comprehensive Income (Loss): The following table summarizes changes in accumulated other comprehensive income (loss) by component and related tax effects for periods shown: Foreign Currency Deferred Gain (Loss) on Cash Flow Hedging Pension Plan Adjustment Total Balance, January 1, 2019 $ (9,099 ) $ 1,023 $ (9,234 ) $ (17,310 ) Other comprehensive income (loss) 362 (774 ) — (412 ) Reclassification adjustment to net loss — 3 (49 ) (46 ) Tax effects (17 ) 207 39 229 Balance, March 31, 2019 $ (8,754 ) $ 459 $ (9,244 ) $ (17,539 ) Other comprehensive income (loss) 360 (1,198 ) — (838 ) Reclassification adjustment to net loss — 202 142 344 Tax effects (13 ) 263 (40 ) 210 Balance, June 30, 2019 $ (8,407 ) $ (274 ) $ (9,142 ) $ (17,823 ) Other comprehensive loss (852 ) (166 ) — (1,018 ) Reclassification adjustment to net income — 171 166 337 Tax effects 31 (10 ) (39 ) (18 ) Balance, September 30, 2019 $ (9,228 ) $ (279 ) $ (9,015 ) $ (18,522 ) Balance, January 1, 2018 $ (7,934 ) $ 508 $ (6,678 ) $ (14,104 ) Reclassification due to adoption of ASU 2018-02 — 118 (1,286 ) (1,168 ) Other comprehensive income 917 379 — 1,296 Reclassification adjustment to net loss — 230 202 432 Tax effects — (154 ) (44 ) (198 ) Balance, March 31, 2018 $ (7,017 ) $ 1,081 $ (7,806 ) $ (13,742 ) Other comprehensive income (loss) (1,999 ) 624 — (1,375 ) Reclassification adjustment to net loss — 54 188 242 Tax effects 94 (173 ) (46 ) (125 ) Balance, June 30, 2018 $ (8,922 ) $ 1,586 $ (7,664 ) $ (15,000 ) Other comprehensive income 1,138 (425 ) — 713 Reclassification adjustment to net income — (143 ) 152 9 Tax effects 66 165 (37 ) 194 Balance, September 30, 2018 $ (7,718 ) $ 1,183 $ (7,549 ) $ (14,084 )

Revenue

Revenue	9 Months Ended
	Sep. 30, 2019
Revenue Recognition and Deferred Revenue [Abstract]
Revenue	Revenue Revenue is recognized when control of the promised goods or services is transferred to the Company's customers, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services. A description of the performance obligations for each segment is as follows: HBB • Product revenue - Product revenue consists of sales of small electric household and specialty housewares appliances to traditional brick and mortar and e-commerce retailers, distributors and directly to the end consumer as well as sales of commercial products for restaurants, bars and hotels. Transactions with these customers generally originate upon the receipt of a purchase order from the customer, which in some cases are governed by master sales agreements, specifying product(s) that the customer desires. Contracts for product revenue generally have an original duration of one year or less, and payment terms are generally standard and based on customer creditworthiness. Revenue from product sales is recognized at the point in time when control transfers to the customer, which is either when product is shipped from the Company's facility, or delivered to customers, depending on the shipping terms. The amount of consideration received and revenue recognized varies with changes in incentives, returns and consideration paid to customers for advertising arrangements. • License revenues - From time to time, the Company enters into exclusive and non-exclusive licensing agreements which grant the right to use certain of the Company’s intellectual property (IP) in connection with designing, manufacturing, distributing, advertising, promoting and selling the licensees’ products during the term of the agreement. The IP that is licensed generally consists of trademarks, tradenames, patents, trade dress, and/or logos (the “Licensed IP”). In exchange for granting the right to use the Licensed IP, the Company receives a royalty payment, which is a function of (1) the total net sales of products that use the Licensed IP and (2) the royalty percentage that is stated in the licensing agreement. The Company recognizes revenue at the later of when the subsequent sales occur or satisfying the performance obligation (over time). KC • Product revenue - KC sells a variety of kitchenware products from a number of highly recognizable name brands to individual consumers. Products are sold through brick and mortar retail stores whereby customers come into KC stores, explore the assortment of merchandise available for sale, select various products that they desire to purchase, bring those products to the sales register and pay the cashier the agreed-upon price using either cash, check or credit card. Once the sale is complete, a receipt is generated and provided to the customer as proof of purchase. Therefore, the sales process is both originated and completed simultaneously at the point of sale. Revenue from product sales is recognized at the point in time when control transfers to the customer, which occurs when the products are scanned at the sales register. The amount of consideration received and revenue recognized varies with changes in returns. HBB’s warranty program to the consumer consists generally of an assurance-type limited warranty lasting for varying periods of up to ten years for electric appliances, with the majority of products having a warranty of one to three years . There is no guarantee to the customer as HBB may repair or replace, at its option, those products returned under warranty. Accordingly, the Company determined that no separate performance obligation exists. The following table presents the Company's revenue on a disaggregated basis for the three and nine months ending: THREE MONTHS ENDED SEPTEMBER 30 2019 2018 HBB KC Consolidated (1) HBB KC Consolidated (1) Type of good or service: Products $ 149,876 $ 20,288 $ 168,753 $ 171,346 $ 25,884 $ 195.783 Licensing 1,025 — 1,025 1,118 — 1,118 Total revenue $ 150,901 $ 20,288 $ 169,778 $ 172,464 $ 25,884 $ 196,901 NINE MONTHS ENDED SEPTEMBER 30 2019 2018 HBB KC Consolidated (1) HBB KC Consolidated (1) Type of good or service: Products $ 405,129 $ 57,824 $ 460,231 $ 430,941 $ 70,746 $ 498.669 Licensing 3,351 — 3,351 2,806 — 2,806 Total revenue $ 408,480 $ 57,824 $ 463,582 $ 433,747 $ 70,746 $ 501,475 (1) Includes the required intercompany eliminations between HBB and KC.

Contingencies

Contingencies	9 Months Ended
	Sep. 30, 2019
Commitments and Contingencies Disclosure [Abstract]
Contingencies	Contingencies Various legal and regulatory proceedings and claims have been or may be asserted against Hamilton Beach Holding relating to the conduct of its businesses, including product liability, patent infringement, asbestos related claims, environmental and other claims. These proceedings and claims are incidental to the ordinary course of business of the Company. Management believes that it has meritorious defenses and will vigorously defend the Company in these actions. Any costs that management estimates will be paid as a result of these claims are accrued when the liability is considered probable and the amount can be reasonably estimated. If a range of amounts can be reasonably estimated and no amount within the range is a better estimate than any other amount, then the minimum of the range is accrued. The Company does not accrue liabilities when the likelihood that the liability has been incurred is probable but the amount cannot be reasonably estimated or when the liability is believed to be only reasonably possible or remote. For contingencies where an unfavorable outcome is probable or reasonably possible and which are material, the Company discloses the nature of the contingency and, in some circumstances, an estimate of the possible loss. These matters are subject to inherent uncertainties and unfavorable rulings could occur. If an unfavorable ruling were to occur, there exists the possibility of an adverse impact on the Company’s financial position, results of operations and cash flows of the period in which the ruling occurs, or in future periods. HBB is a defendant in a legal proceeding in which the plaintiff alleges that certain HBB products infringe the plaintiff’s patents. On May 3, 2019, the jury returned its verdict finding that the Company had infringed certain patents of the plaintiff and, as a result, awarded the plaintiff damages in the amount of $3.2 million . Accordingly, the Company recorded $3.2 million expense in selling, general and administrative expenses during the second quarter of 2019 for the contingent loss. On September 23, 2019 the Company filed post-trial motions challenging the jury verdict of infringement and the award of damages and the plaintiffs filed motions seeking interest, post-trial accounting, injunctive relief, and attorneys’ fees. A hearing date on the post-trial motions has not been set. The Company maintains that its products do not infringe on the plaintiff’s patents and will vigorously defend against the plantiff's post-trial motions. Environmental matters HBB is investigating or remediating historical environmental contamination at some current and former sites operated by HBB or by businesses it acquired. Based on the current stage of the investigation or remediation at each known site, HBB estimates the total investigation and remediation costs and the period of assessment and remediation activity required for each site. The estimate of future investigation and remediation costs is primarily based on variables associated with site clean-up, including, but not limited to, physical characteristics of the site, the nature and extent of the contamination and applicable regulatory programs and remediation standards. No assessment can fully characterize all subsurface conditions at a site. There is no assurance that additional assessment and remediation efforts will not result in adjustments to estimated remediation costs or the time frame for remediation at these sites. HBB's estimates of investigation and remediation costs may change if it discovers contamination at additional sites or additional contamination at known sites, if the effectiveness of its current remediation efforts change, if applicable federal or state regulations change or if HBB's estimate of the time required to remediate the sites changes. HBB's revised estimates may differ materially from original estimates. At September 30, 2019 , December 31, 2018 , and September 30, 2018, HBB had accrued undiscounted obligations of $4.5 million , $8.2 million , and $8.6 million respectively, for environmental investigation and remediation activities. The reduction in the amount accrued at September 30, 2019 compared to December 31, 2018 is the result of a reduction to the accrual recorded in the second quarter of 2019 due to a change in the expected type and extent of investigation and remediation activities associated with one of the sites based upon additional testing and assessment performed with respect to that site in the second quarter of 2019. In addition, HBB estimates that it is reasonably possible that it may incur additional expenses in the range of zero to $3.9 million related to the environmental investigation and remediation at these sites.

Business Segments

Business Segments	9 Months Ended
	Sep. 30, 2019
Segment Reporting [Abstract]
Business Segments	Business Segments The Company manages its subsidiaries primarily by reportable segment, which are HBB and KC. The Company includes the required intercompany eliminations between its reportable segments and intercompany revenue based on current market prices of similar third-party transactions. Costs incurred as a stand-alone public entity are allocated to the HBB segment. The only material assets held by Hamilton Beach Brands Holding Company are its investments in consolidated subsidiaries. Substantially all of its cash flows are provided by dividends paid or distributions made by its subsidiaries. THREE MONTHS ENDED SEPTEMBER 30 NINE MONTHS ENDED 2019 2018 2019 2018 Revenue HBB $ 150,901 $ 172,464 $ 408,480 $ 433,747 KC 20,288 25,884 57,824 70,746 Eliminations (1,411 ) (1,447 ) (2,722 ) (3,018 ) Total $ 169,778 $ 196,901 $ 463,582 $ 501,475 Operating profit (loss) HBB $ 7,291 $ 13,238 $ 11,905 $ 21,212 KC (3,143 ) (2,407 ) (10,063 ) (10,545 ) Eliminations (91 ) (36 ) (220 ) (34 ) Total $ 4,057 $ 10,795 $ 1,622 $ 10,633 Depreciation and amortization HBB $ 972 $ 1,055 $ 2,813 $ 2,991 KC 154 258 466 784 Total $ 1,126 $ 1,313 $ 3,279 $ 3,775 Capital expenditures HBB $ 1,184 $ 2,610 $ 3,156 $ 6,964 KC 30 75 149 276 Total $ 1,214 $ 2,685 $ 3,305 $ 7,240

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2019
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The Company recognized income tax expense of $2.1 million and $1.2 million on income before taxes of $2.5 million in the three months ended September 30, 2019 and a loss before taxes of $1.1 million for the nine months ended September 30, 2019. Income tax expense includes $1.9 million of deferred tax expense related to a change in judgment regarding the valuation allowance recorded against deferred tax assets of KC.

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2019
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events During the three months ended September 30, 2019, KC continued to experience decreased comparable store sales as a result of declining foot traffic. Further deterioration in foot traffic has lowered the Company's outlook for the prospect of a future return to profitability. As a result, on October 10, 2019, the board of directors of the Company approved the wind down of the retail operations of KC and the closure of all of its 160 stores by the end of 2019. During the fourth quarter, KC expects to incur expenses in the range of $4.0 million to $6.0 million primarily for severance obligations and professional fees. The Company expects KC's total cash expenditures relating to the wind down, excluding cash expenditures in the ordinary course as KC continues to operate, to be in the range of $6.0 million to $8.0 million . These charges and expenses do not include lease termination obligations as the amount is subject to negotiation and is not known at this time. The Company’s estimate of the charges and expenses are preliminary and subject to change until finalized. The Company expects that the historical and future financial results of KC will be classified as discontinued operations in the period during which the assets are abandoned, which is currently anticipated to occur during the quarter ending December 31, 2019. On October 23, 2019, KC and its lender entered into a Forbearance Agreement (the “Forbearance Agreement”) with respect to KC's secured revolving line of credit ("KC Facility"). The wind down of KC's operations constitutes an event of default under the KC Facility. Under the terms of the Forbearance Agreement, the lender has agreed to forebear from exercising its rights and remedies as a result of the events of default pending accelerated payment in full of the obligations under the KC facility on or before December 15, 2019. The Forbearance Agreement reduces the amount of the aggregate commitments to $15.0 million and converts all LIBO rate loans to base rate loans and triggers default interest. In addition, KC will pay a forbearance fee of $12,500 each week until all obligations under the KC Facility are paid in full. The Company has not guaranteed any of the obligations of KC under the KC Facility.

Basis of Presentation (Policies

Basis of Presentation (Policies)	9 Months Ended
	Sep. 30, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	The unaudited interim condensed consolidated financial statements of Hamilton Beach Brands Holding Company and its subsidiaries ("Hamilton Beach Holding” or the “Company”) have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and notes required by U.S. GAAP for complete financial statements. In the opinion of management, all adjustments of a normal recurring nature considered necessary for a fair presentation have been included. These financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company's Annual Report on Form 10-K for the year ended December 31, 2018. The Company operates through its subsidiaries, Hamilton Beach Brands, Inc. ("HBB") and The Kitchen Collection, LLC ("KC"). HBB is a leading designer, marketer and distributor of branded, small electric household and specialty housewares appliances, as well as commercial products for restaurants, bars and hotels. KC is a national specialty retailer of kitchenware primarily in outlet malls throughout the United States ("U.S."). Operating results for the three and nine months ended September 30, 2019 are not necessarily indicative of the results that may be expected for the remainder of the year due to the highly seasonal nature of our primary markets. A majority of revenue and operating profit occurs in the second half of the calendar year when sales of our products to retailers and consumers increase significantly for the fall holiday-selling season. Prior period interest income amounts have been reclassified from other expense (income), net to interest expense, net and prior period non-trade customer receivable amounts have been reclassified from trade receivables, net to prepaid expenses and other current assets to conform to the current period presentation. The following new accounting policy is reflected in these quarterly financial statements as a result of the share repurchases made during the first nine months of 2019:
Accounting Standard Adopted and Not Yet Adopted	Accounting Standards Adopted In March 2017, the FASB issued ASU 2017-07, "Compensation - Retirement Benefits (Topic 715)," which amends the requirements in U.S. GAAP related to the income statement presentation of the components of net periodic benefit cost for an entity's sponsored defined benefit pension and other post-retirement plans. The Company adopted this guidance on January 1, 2019. The change in presentation of the components of net periodic pension cost was applied retrospectively which resulted in $0.2 million and $0.6 million of net periodic pension income for the three and nine months ended September 30, 2018, respectively, being reclassified from selling, general and administrative expenses to other expense (income), net. Accounting Standards Not Yet Adopted The Company is an emerging growth company and has elected not to opt out of the extended transition period for complying with new or revised accounting standards, which means that when a standard is issued or revised and it has different application dates for public or nonpublic entities, the Company can adopt the new or revised standard at the time nonpublic entities adopt the new or revised standard. In February 2016, the FASB issued ASU 2016-02, “Leases (Topic 842)," which requires an entity to recognize assets and liabilities for the rights and obligations created by leased assets. For nonpublic entities, the amendments are effective for fiscal years beginning after December 15, 2019, and interim periods within fiscal years beginning after December 15, 2020. Early adoption is permitted. The Company is planning to adopt ASU 2016-02 for its year ending December 31, 2020 and is currently evaluating to what extent ASU 2016-02 will affect the Company's financial position, results of operations, cash flows and related disclosures. In June 2016, the FASB issued ASU 2016-13, “Financial Instruments - Credit Losses (Topic 326)," which requires an entity to recognize credit losses as an allowance rather than as a write-down. For nonpublic entities, the amendments are effective for fiscal years beginning after December 15, 2020, and interim periods within fiscal years beginning after December 15, 2020. Early adoption is permitted. The Company is planning to adopt ASU 2016-03 for its year ending December 31, 2021 and is currently evaluating to what extent ASU 2016-13 will affect the Company's financial position, results of operations, cash flows and related disclosures.

Inventory (Tables)

Inventory (Tables)	9 Months Ended
	Sep. 30, 2019
Inventory Disclosure [Abstract]
Schedule of Inventory	Inventory is summarized as follows: SEPTEMBER 30 DECEMBER 31 SEPTEMBER 30 HBB $ 161,043 $ 122,697 $ 155,744 KC 20,804 21,994 28,087 Total inventory $ 181,847 $ 144,691 $ 183,831

Fair Value Disclosure (Tables)

Fair Value Disclosure (Tables)	9 Months Ended
	Sep. 30, 2019
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	The following table presents the Company's assets and liabilities accounted for at fair value on a recurring basis: Description Balance Sheet Location SEPTEMBER 30 2019 DECEMBER 31 2018 SEPTEMBER 30 2018 Assets: Interest rate swap agreements Current Prepaid expenses and other current assets $ — $ 349 $ 440 Long-term Other non-current assets — 710 1,268 Foreign currency exchange contracts Current Prepaid expenses and other current assets — 231 29 $ — $ 1,290 $ 1,737 Liabilities: Interest rate swap agreements Current Other current liabilities $ 4 $ — $ — Long-term Other long-term liabilities 244 — — Foreign currency exchange contracts Current Other current liabilities 78 87 310 $ 326 $ 87 $ 310

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	9 Months Ended
	Sep. 30, 2019
Equity [Abstract]
Schedule of Capital Stock	The following table sets forth the Company's authorized capital stock information: SEPTEMBER 30 2019 DECEMBER 31 2018 SEPTEMBER 30 2018 (In thousands) Preferred stock, par value $0.01 per share Preferred stock authorized 5,000 5,000 5,000 Preferred stock outstanding — — — Class A Common stock, par value $0.01 per share Class A Common stock authorized 70,000 70,000 70,000 Class A Common issued (1)(2) 9,488 9,291 9,238 Class B Common stock, par value $0.01 per share, convertible into Class A on a one-for-one basis Class B Common stock authorized 30,000 30,000 30,000 Class B Common issued (1) 4,377 4,422 4,465 (1) Class B Common converted to Class A Common were 6 and 44 shares during the three and nine months ending September 30, 2019, respectively, and 11 and 343 shares during the three and nine months ending September 30, 2018, respectively. (2) The Company issued Class A Common shares of 13 and 153 during the three and nine months ending September 30, 2019, respectively, and 9 and 30 during the three and nine months ending September 30, 2018, respectively.
Schedule of Accumulated Other Comprehensive Income (Loss) Reclassifications	Accumulated Other Comprehensive Income (Loss): The following table summarizes changes in accumulated other comprehensive income (loss) by component and related tax effects for periods shown: Foreign Currency Deferred Gain (Loss) on Cash Flow Hedging Pension Plan Adjustment Total Balance, January 1, 2019 $ (9,099 ) $ 1,023 $ (9,234 ) $ (17,310 ) Other comprehensive income (loss) 362 (774 ) — (412 ) Reclassification adjustment to net loss — 3 (49 ) (46 ) Tax effects (17 ) 207 39 229 Balance, March 31, 2019 $ (8,754 ) $ 459 $ (9,244 ) $ (17,539 ) Other comprehensive income (loss) 360 (1,198 ) — (838 ) Reclassification adjustment to net loss — 202 142 344 Tax effects (13 ) 263 (40 ) 210 Balance, June 30, 2019 $ (8,407 ) $ (274 ) $ (9,142 ) $ (17,823 ) Other comprehensive loss (852 ) (166 ) — (1,018 ) Reclassification adjustment to net income — 171 166 337 Tax effects 31 (10 ) (39 ) (18 ) Balance, September 30, 2019 $ (9,228 ) $ (279 ) $ (9,015 ) $ (18,522 ) Balance, January 1, 2018 $ (7,934 ) $ 508 $ (6,678 ) $ (14,104 ) Reclassification due to adoption of ASU 2018-02 — 118 (1,286 ) (1,168 ) Other comprehensive income 917 379 — 1,296 Reclassification adjustment to net loss — 230 202 432 Tax effects — (154 ) (44 ) (198 ) Balance, March 31, 2018 $ (7,017 ) $ 1,081 $ (7,806 ) $ (13,742 ) Other comprehensive income (loss) (1,999 ) 624 — (1,375 ) Reclassification adjustment to net loss — 54 188 242 Tax effects 94 (173 ) (46 ) (125 ) Balance, June 30, 2018 $ (8,922 ) $ 1,586 $ (7,664 ) $ (15,000 ) Other comprehensive income 1,138 (425 ) — 713 Reclassification adjustment to net income — (143 ) 152 9 Tax effects 66 165 (37 ) 194 Balance, September 30, 2018 $ (7,718 ) $ 1,183 $ (7,549 ) $ (14,084 )

Revenue (Tables)

Revenue (Tables)	9 Months Ended
	Sep. 30, 2019
Revenue Recognition and Deferred Revenue [Abstract]
Disaggregation of Revenue	The following table presents the Company's revenue on a disaggregated basis for the three and nine months ending: THREE MONTHS ENDED SEPTEMBER 30 2019 2018 HBB KC Consolidated (1) HBB KC Consolidated (1) Type of good or service: Products $ 149,876 $ 20,288 $ 168,753 $ 171,346 $ 25,884 $ 195.783 Licensing 1,025 — 1,025 1,118 — 1,118 Total revenue $ 150,901 $ 20,288 $ 169,778 $ 172,464 $ 25,884 $ 196,901 NINE MONTHS ENDED SEPTEMBER 30 2019 2018 HBB KC Consolidated (1) HBB KC Consolidated (1) Type of good or service: Products $ 405,129 $ 57,824 $ 460,231 $ 430,941 $ 70,746 $ 498.669 Licensing 3,351 — 3,351 2,806 — 2,806 Total revenue $ 408,480 $ 57,824 $ 463,582 $ 433,747 $ 70,746 $ 501,475 (1) Includes the required intercompany eliminations between HBB and KC.

Business Segments (Tables)

Business Segments (Tables)	9 Months Ended
	Sep. 30, 2019
Segment Reporting [Abstract]
Segment reporting information	THREE MONTHS ENDED SEPTEMBER 30 NINE MONTHS ENDED 2019 2018 2019 2018 Revenue HBB $ 150,901 $ 172,464 $ 408,480 $ 433,747 KC 20,288 25,884 57,824 70,746 Eliminations (1,411 ) (1,447 ) (2,722 ) (3,018 ) Total $ 169,778 $ 196,901 $ 463,582 $ 501,475 Operating profit (loss) HBB $ 7,291 $ 13,238 $ 11,905 $ 21,212 KC (3,143 ) (2,407 ) (10,063 ) (10,545 ) Eliminations (91 ) (36 ) (220 ) (34 ) Total $ 4,057 $ 10,795 $ 1,622 $ 10,633 Depreciation and amortization HBB $ 972 $ 1,055 $ 2,813 $ 2,991 KC 154 258 466 784 Total $ 1,126 $ 1,313 $ 3,279 $ 3,775 Capital expenditures HBB $ 1,184 $ 2,610 $ 3,156 $ 6,964 KC 30 75 149 276 Total $ 1,214 $ 2,685 $ 3,305 $ 7,240

Recently Issued Accounting St_2

Recently Issued Accounting Standards (Details) - Restatement Adjustment - Accounting Standards Update 2017-07 - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2018
Other Income, Net
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Reclassification of net periodic benefit income	$ (0.2)	$ (0.4)
Selling, General and Administrative Expenses
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Reclassification of net periodic benefit income	$ 0.2	$ 0.6

Transfer of Financial Assets (D

Transfer of Financial Assets (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Transfers and Servicing [Abstract]
Accounts receivable derecognized	$ 36.9	$ 37	$ 104.8	$ 107.2	$ 165.4

Inventory (Details)

Inventory (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018	Sep. 30, 2018
Segment Reporting Information [Line Items]
Total inventory	$ 181,847	$ 144,691	$ 183,831
HBB
Segment Reporting Information [Line Items]
Total inventory	161,043	122,697	155,744
KC
Segment Reporting Information [Line Items]
Total inventory	$ 20,804	$ 21,994	$ 28,087

Fair Value Disclosure (Details)

Fair Value Disclosure (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Liabilities:
Impairment of property, plant and equipment		$ 975	$ 244
Fair value measurements, recurring
Assets:
Assets at fair value	$ 0	0	1,737	$ 1,290
Liabilities:
Liabilities at fair value	326	326	310	87
Prepaid expenses and other current assets | Fair value measurements, recurring
Assets:
Interest rate swap agreements	0	0	440	349
Foreign currency exchange contracts	0	0	29	231
Liabilities:
Interest rate swap agreements	4	4	0	0
Other non-current assets | Fair value measurements, recurring
Assets:
Interest rate swap agreements	0	0	1,268	710
Other long-term liabilities | Fair value measurements, recurring
Liabilities:
Interest rate swap agreements	244	244	0	0
Other current liabilities | Fair value measurements, recurring
Liabilities:
Foreign currency exchange contracts	78	$ 78	$ 310	$ 87
Level 3 | Fair value measurements, nonrecurring
Liabilities:
Impairment of property, plant and equipment	$ 1,000

Stockholders' Equity - Schedule

Stockholders' Equity - Schedule of Capital Stock (Details) - shares shares in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Class of Stock [Line Items]
Preferred stock, shares authorized (in shares)	5,000	5,000	5,000	5,000	5,000
Preferred stock, shares outstanding (in shares)	0	0	0	0	0
Class A Common Stock
Class of Stock [Line Items]
Common stock, shares authorized (in shares)	70,000	70,000	70,000	70,000	70,000
Common stock, shares issued (in shares)	9,488	9,238	9,488	9,238	9,291
Class A Common shares issued (in shares)	13	9	153	30
Class B Common Stock
Class of Stock [Line Items]
Common stock, shares authorized (in shares)	30,000	30,000	30,000	30,000	30,000
Common stock, shares issued (in shares)	4,377	4,465	4,377	4,465	4,422
Class B Common converted to Class A Common (in shares)	6	11	44	343

Stockholders' Equity - Narrativ

Stockholders' Equity - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended	12 Months Ended
	Sep. 30, 2019	Jun. 30, 2019	Sep. 30, 2019	Dec. 31, 2018	May 31, 2018
Class of Stock [Line Items]
Shares repurchased (in shares)			364,893	0
Shares repurchased	$ 3,626	$ 2,334	$ 6,000
Stock Repurchase Program | Class A Common Stock
Class of Stock [Line Items]
Approved repurchase amount (up to)					25,000,000

Stockholders' Equity - Accumula

Stockholders' Equity - Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance			$ 65,438
Reclassification due to adoption of ASU 2018-02						$ (1,168)
Other comprehensive income (loss)	$ (1,018)	$ (838)	(412)	$ 713	$ (1,375)	1,296
Reclassification adjustment to net loss	337	344	(46)	9	242	432
Tax effects	(18)	210	229	194	(125)	(198)
Ending balance	54,755			54,450
Foreign Currency
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(8,407)	(8,754)	(9,099)	(8,922)	(7,017)	(7,934)
Reclassification due to adoption of ASU 2018-02						0
Other comprehensive income (loss)	(852)	360	362	1,138	(1,999)	917
Reclassification adjustment to net loss	0	0	0	0	0	0
Tax effects	31	(13)	(17)	66	94	0
Ending balance	(9,228)	(8,407)	(8,754)	(7,718)	(8,922)	(7,017)
Deferred Gain (Loss) on Cash Flow Hedging
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(274)	459	1,023	1,586	1,081	508
Reclassification due to adoption of ASU 2018-02						118
Other comprehensive income (loss)	(166)	(1,198)	(774)	(425)	624	379
Reclassification adjustment to net loss	171	202	3	(143)	54	230
Tax effects	(10)	263	207	165	(173)	(154)
Ending balance	(279)	(274)	459	1,183	1,586	1,081
Pension Plan Adjustment
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(9,142)	(9,244)	(9,234)	(7,664)	(7,806)	(6,678)
Reclassification due to adoption of ASU 2018-02						(1,286)
Other comprehensive income (loss)	0	0	0	0	0	0
Reclassification adjustment to net loss	166	142	(49)	152	188	202
Tax effects	(39)	(40)	39	(37)	(46)	(44)
Ending balance	(9,015)	(9,142)	(9,244)	(7,549)	(7,664)	(7,806)
Accumulated other comprehensive income (loss)
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(17,823)	(17,539)	(17,310)	(15,000)	(13,742)	(14,104)
Ending balance	$ (18,522)	$ (17,823)	$ (17,539)	$ (14,084)	$ (15,000)	$ (13,742)

Revenue (Details)

Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Disaggregation of Revenue [Line Items]
Revenue	$ 169,778	$ 196,901	$ 463,582	$ 501,475
Products
Disaggregation of Revenue [Line Items]
Revenue	168,753	195,783	460,231	498,669
Licensing
Disaggregation of Revenue [Line Items]
Revenue	1,025	1,118	3,351	2,806
HBB
Disaggregation of Revenue [Line Items]
Revenue	150,901	172,464	408,480	433,747
HBB | Products
Disaggregation of Revenue [Line Items]
Revenue	149,876	171,346	405,129	430,941
HBB | Licensing
Disaggregation of Revenue [Line Items]
Revenue	1,025	1,118	3,351	2,806
KC
Disaggregation of Revenue [Line Items]
Revenue	20,288	25,884	57,824	70,746
KC | Products
Disaggregation of Revenue [Line Items]
Revenue	20,288	25,884	57,824	70,746
KC | Licensing
Disaggregation of Revenue [Line Items]
Revenue	$ 0	$ 0	$ 0	$ 0
Maximum
Disaggregation of Revenue [Line Items]
Warranty term			3 years
Maximum | Electric appliances
Disaggregation of Revenue [Line Items]
Warranty term			10 years
Minimum
Disaggregation of Revenue [Line Items]
Warranty term			1 year

Contingencies (Details)

Contingencies (Details) - USD ($)	May 03, 2019	Jun. 30, 2019	Sep. 30, 2019	Dec. 31, 2018	Sep. 30, 2018
Loss Contingencies [Line Items]
Damages awarded to plaintiff	$ 3,200,000
Litigation settlement expense		$ 3,200,000
Accrual for environmental investigation and remediation activities			$ 4,500,000	$ 8,200,000	$ 8,600,000
Minimum
Loss Contingencies [Line Items]
Estimate of additional expenses			0
Maximum
Loss Contingencies [Line Items]
Estimate of additional expenses			$ 3,900,000

Business Segments (Details)

Business Segments (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Segment Reporting Information [Line Items]
Revenues	$ 169,778	$ 196,901	$ 463,582	$ 501,475
Operating profit (loss)	4,057	10,795	1,622	10,633
Depreciation and amortization	1,126	1,313	3,279	3,775
Capital expenditures	1,214	2,685	3,305	7,240
HBB
Segment Reporting Information [Line Items]
Revenues	150,901	172,464	408,480	433,747
KC
Segment Reporting Information [Line Items]
Revenues	20,288	25,884	57,824	70,746
Operating segments | HBB
Segment Reporting Information [Line Items]
Revenues	150,901	172,464	408,480	433,747
Operating profit (loss)	7,291	13,238	11,905	21,212
Depreciation and amortization	972	1,055	2,813	2,991
Capital expenditures	1,184	2,610	3,156	6,964
Operating segments | KC
Segment Reporting Information [Line Items]
Revenues	20,288	25,884	57,824	70,746
Operating profit (loss)	(3,143)	(2,407)	(10,063)	(10,545)
Depreciation and amortization	154	258	466	784
Capital expenditures	30	75	149	276
Eliminations
Segment Reporting Information [Line Items]
Revenues	(1,411)	(1,447)	(2,722)	(3,018)
Operating profit (loss)	$ (91)	$ (36)	$ (220)	$ (34)

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Income Tax Disclosure [Abstract]
Income tax expense	$ 2,108	$ 2,176	$ 1,186	$ 1,712
Income (loss) before income taxes	2,505	$ 10,220	(1,122)	$ 8,464
Valuation allowance related to deferred tax assets	$ 1,900		$ 1,900

Subsequent Events (Details)

Subsequent Events (Details) - Subsequent Event	Oct. 23, 2019USD ($)	Oct. 10, 2019USD ($)store
Subsequent Event [Line Items]
Number of planned store closures | store		160
Minimum | Severance Obligations and Professional Fees
Subsequent Event [Line Items]
Expected cost of restructuring		$ 4,000,000
Minimum | Cash Expenditures Related to Wind Down
Subsequent Event [Line Items]
Expected cost of restructuring		6,000,000
Maximum | Severance Obligations and Professional Fees
Subsequent Event [Line Items]
Expected cost of restructuring		6,000,000
Maximum | Cash Expenditures Related to Wind Down
Subsequent Event [Line Items]
Expected cost of restructuring		$ 8,000,000
KC
Subsequent Event [Line Items]
Aggregate commitments	$ 15,000,000
Forbearance fees	$ 12,500

Uncategorized Items - hbb-20190

Label	Element	Value
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	$ 0
AOCI Attributable to Parent [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	(1,168,000)
Retained Earnings [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	$ 1,168,000