Lifetime Brands (LCUT) 10-K 16 Mar 15 2014 FY Annual report Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
	Dec. 31, 2014	Feb. 28, 2015	Jun. 30, 2014
Document Type	10-K
Amendment Flag	FALSE
Document Period End Date	31-Dec-14
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	FY
Trading Symbol	LCUT
Entity Registrant Name	LIFETIME BRANDS, INC
Entity Central Index Key	874396
Current Fiscal Year End Date	-19
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		13,712,081
Entity Public Float			$167,944,704

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
CURRENT ASSETS
Cash and cash equivalents	$5,068	$4,947
Accounts receivable, less allowances of $6,663 at December 31, 2014 and $5,209 at December 31, 2013	107,211	87,217
Inventory (Note M)	137,924	112,791
Prepaid expenses and other current assets	7,914	5,781
Deferred income taxes (Note I)		3,940
TOTAL CURRENT ASSETS	258,117	214,676
PROPERTY AND EQUIPMENT, net (Note M)	26,801	27,698
INVESTMENTS (Note C)	28,155	36,948
INTANGIBLE ASSETS, net (Note D)	103,597	55,149
OTHER ASSETS	4,732	2,268
TOTAL ASSETS	421,402	336,739
CURRENT LIABILITIES
Current maturity of Credit Agreement Term Loan (Note E)	10,000
Current maturity of Senior Secured Term Loan (Note E)		3,937
Short term loan (Note E)	765
Accounts payable	28,694	21,426
Accrued expenses (Note M)	36,961	41,095
Deferred income taxes (Note I)	2,293
Income taxes payable (Note I)	5,156	3,036
TOTAL CURRENT LIABILITIES	83,869	69,494
DEFERRED RENT & OTHER LONG-TERM LIABILITIES (Note M)	20,160	18,644
DEFERRED INCOME TAXES (Note I)	1,485	1,777
REVOLVING CREDIT FACILITY (Note E)	92,655	49,231
CREDIT AGREEMENT TERM LOAN (Note E)	35,000
SENIOR SECURED TERM LOAN (Note E)		16,688
STOCKHOLDERS' EQUITY
Preferred stock, $.01 par value, shares authorized: 100 shares of Series A and 2,000,000 shares of Series B; none issued and outstanding
Common stock, $.01 par value, shares authorized: 25,000,000; shares issued and outstanding: 13,712,081 at December 31, 2014 and 12,777,407 at December 31, 2013	137	128
Paid-in capital	160,315	146,273
Retained earnings	37,703	38,224
Accumulated other comprehensive loss (Note M)	-9,922	-3,720
TOTAL STOCKHOLDERS' EQUITY	188,233	180,905
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$421,402	$336,739

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, except Share data, unless otherwise specified
Accounts receivable, allowances	$6,663	$5,209
Preferred stock, par value	$0.01	$0.01
Common stock, par value	$0.01	$0.01
Common stock, shares authorized	25,000,000	25,000,000
Common stock, shares issued	13,712,081	12,777,407
Common stock, shares outstanding	13,712,081	12,777,407
Preferred stock Series A
Preferred stock, shares authorized	100	100
Preferred stock, issued	0	0
Preferred stock, outstanding	0	0
Preferred stock Series B
Preferred stock, shares authorized	2,000,000	2,000,000
Preferred stock, issued	0	0
Preferred stock, outstanding	0	0

CONSOLIDATED_STATEMENTS_OF_OPE

CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Net sales	$586,010	$502,721	$486,842
Cost of sales	373,129	315,459	310,054
Gross margin	212,881	187,262	176,788
Distribution expenses	54,202	44,364	44,046
Selling, general and administrative expenses	133,786	114,345	104,338
Intangible asset impairment (Note D)	3,384		1,069
Restructuring expenses	125	367
Income from operations	21,384	28,186	27,335
Interest expense (Note E)	-6,418	-4,847	-5,898
Financing expense	-758
Loss on early retirement of debt (Note E)	-346	-102	-1,363
Income before income taxes and equity in earnings	13,862	23,237	20,074
Income tax provision (Note I)	-5,825	-9,175	-5,208
Equity in (losses) earnings, net of taxes (Note C)	-6,493	-4,781	6,081
NET INCOME	$1,544	$9,281	$20,947
BASIC INCOME PER COMMON SHARE (NOTE H)	$0.11	$0.73	$1.67
DILUTED INCOME PER COMMON SHARE (NOTE H)	$0.11	$0.71	$1.64

CONSOLIDATED_STATEMENTS_OF_COM

CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Net income	$1,544	$9,281	$20,947
Other comprehensive income (loss), net of tax:
Translation adjustment (Note M)	-4,736	-140	3,077
Deferred gains (losses) on cash flow hedges (Notes F & M):
Fair value adjustment, net of tax of $9 in 2014 and tax benefit of $160 in 2013	13	241	-272
Total deferred gains (losses) on cash flow hedges	13	241	-272
Effect of retirement benefit obligations (Note M):
Net (loss) income arising from retirement benefit obligations, net of tax of ($589) in 2014 and $241 in 2013	-1,507	361	-1,187
Less: amortization of loss included in net income, net of tax of $19 in 2014 and $36 in 2013	28	54	27
Total effects of retirement benefit obligations	-1,479	415	-1,160
Other comprehensive (loss) income, net of tax	-6,202	516	1,645
Comprehensive (loss) income	($4,658)	$9,797	$22,592

CONSOLIDATED_STATEMENTS_OF_COM1

CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME (Parenthetical) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Fair value adjustment, tax (benefit)	$9	$160
Net (loss) income arising from retirement benefit obligations, tax	-589	241
Amortization of loss included in net income, tax	$19	$36

CONSOLIDATED_STATEMENTS_OF_STO

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (USD $)	Total	Common Stock	Paid-in capital	Retained earnings	Accumulated other comprehensive loss
In Thousands, except Share data, unless otherwise specified
Beginning Balance at Dec. 31, 2011	$146,175	$124	$137,467	$14,465	($5,881)
Beginning Balance (in shares) at Dec. 31, 2011		12,431,000
Comprehensive income:
Net income	20,947			20,947
Translation adjustment	3,077				3,077
Derivative fair value adjustment (Note F)	-272				-272
Effect of retirement benefit obligations	-1,160				-1,160
Comprehensive (loss) income	22,592
Shares issued to directors (Note G) (in shares)		23,000
Shares issued to directors (Note G)	267		267
Stock compensation expense (Note G)	2,526		2,526
Issuance of common stock for acquisition of business (in shares)		144,000
Issuance of common stock for acquisition of business	1,507	1	1,506
Tax benefit on exercise of stock options	150		150
Exercise of stock options (in shares)	199,823	156,000
Exercise of stock options	576	3	573
Dividends (Note G)	-1,563			-1,563
Ending Balance at Dec. 31, 2012	172,230	128	142,489	33,849	-4,236
Ending Balance (in shares) at Dec. 31, 2012		12,754,000
Comprehensive income:
Net income	9,281			9,281
Translation adjustment	-140				-140
Derivative fair value adjustment (Note F)	241				241
Effect of retirement benefit obligations	415				415
Comprehensive (loss) income	9,797
Shares issued to directors (Note G) (in shares)		21,000
Shares issued to directors (Note G)	277		277
Stock compensation expense (Note G)	2,604		2,604
Reduction of tax benefit from stock options, net	-310		-310
Exercise of stock options (in shares)	247,827	248,000
Exercise of stock options	1,215	2	1,213
Treasury Stock Repurchase (in shares)		-246,000
Treasury Stock Repurchase	-3,229	-2		-3,227
Dividends (Note G)	-1,679			-1,679
Ending Balance at Dec. 31, 2013	180,905	128	146,273	38,224	-3,720
Ending Balance (in shares) at Dec. 31, 2013		12,777,000
Comprehensive income:
Net income	1,544			1,544
Translation adjustment	-4,736				-4,736
Derivative fair value adjustment (Note F)	13				13
Effect of retirement benefit obligations	-1,479				-1,479
Comprehensive (loss) income	-4,658
Shares issued to directors (Note G) (in shares)		23,000
Shares issued to directors (Note G)	344		344
Shares issued to employee (Note G) (in shares)		5,000
Shares issued to employee (Note G)	2		2
Stock compensation expense (Note G)	2,489		2,489
Issuance of common stock for acquisition of business (in shares)		581,000
Issuance of common stock for acquisition of business	8,382	6	8,376
Tax benefit on exercise of stock options	343		343
Exercise of stock options (in shares)	365,223	326,000
Exercise of stock options	2,491	3	2,488
Dividends (Note G)	-2,065			-2,065
Ending Balance at Dec. 31, 2014	$188,233	$137	$160,315	$37,703	($9,922)
Ending Balance (in shares) at Dec. 31, 2014		13,712,000

CONSOLIDATED_STATEMENTS_OF_STO1

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Parenthetical) (Common Stock)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2012
Common Stock
Common stock issued	581,432	143,568

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
OPERATING ACTIVITIES
Net income	$1,544	$9,281	$20,947
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for doubtful accounts	286	139	123
Depreciation and amortization	14,200	10,415	9,324
Amortization of financing costs	617	528	649
Deferred rent	-722	-962	-668
Deferred income taxes	-3,757	-2,275	-3,011
Stock compensation expense	4,493	2,881	2,793
Undistributed equity losses (earnings)	6,724	5,354	-5,665
Intangible asset impairment (Note D)	3,384		1,069
Loss on early retirement of debt (Note E)	346	102	1,363
Contingent consideration fair value adjustment	-4,203
Changes in operating assets and liabilities (excluding the effects of business acquisitions)
Accounts receivable	-6,209	10,099	-14,741
Inventory	-6,354	-8,207	9,694
Prepaid expenses, other current assets and other assets	-2,063	-449	-529
Accounts payable, accrued expenses and other liabilities	-950	9,437	-166
Income taxes payable	-2,747	-579	1,515
NET CASH PROVIDED BY OPERATING ACTIVITIES	4,589	35,764	22,697
INVESTING ACTIVITIES
Purchases of property and equipment	-6,171	-3,842	-4,955
Equity investments	-764		-2,765
Kitchen Craft acquisition, net of cash acquired	-59,977
Other acquisitions, net of cash acquired	-5,389		-14,500
Net proceeds from sale of property	68	11	27
NET CASH USED IN INVESTING ACTIVITIES	-72,233	-3,831	-22,193
FINANCING ACTIVITIES
Proceeds from Revolving Credit Facility (Note E)	278,014	220,222	183,600
Repayments from Revolving Credit Facility (Note E)	-234,067	-231,959	-180,257
Proceeds from Senior Secured Term Loan (Note E)			35,000
Repayments of Senior Secured Term Loan (Note E)	-20,625	-14,375
Repayments of Term Loan (Note E)			-40,000
Proceeds from Credit Agreement Term Loan (Note E)	50,000
Repayments of Credit Agreement Term Loan (Note E)	-5,000
Proceeds from Short Term Loan (Note E)	1,645
Payments from Short Term Loan (Note E)	-880
Payments for stock repurchase		-3,229
Payment of financing costs	-2,283
Cash dividends paid (Note G)	-2,031	-1,515	-1,249
Proceeds from the exercise of stock options	2,488	1,215	577
Excess tax benefit from stock options	553	613	150
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	67,814	-29,028	-2,179
Effect of foreign exchange on cash	-49	171	574
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	121	3,076	-1,101
Cash and cash equivalents at beginning of year	4,947	1,871	2,972
CASH AND CASH EQUIVALENTS AT END OF YEAR	$5,068	$4,947	$1,871

SIGNIFICANT_ACCOUNTING_POLICIE

SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2014
SIGNIFICANT ACCOUNTING POLICIES	NOTE A — SIGNIFICANT ACCOUNTING POLICIES
	Organization and business
	Lifetime Brands, Inc. (the “Company”) designs, sources and sells branded kitchenware, tableware and other products used in the home and markets its products under a number of brand names and trademarks, which are either owned or licensed by the Company or through retailers’ private labels. The Company markets and sells its products principally on a wholesale basis to retailers. The Company also markets and sells a limited selection of its products directly to consumers through its Pfaltzgraff®, Mikasa®, Fred® and Friends, Built NY®, Lifetime Sterling® and The English Table Internet websites.
	Basis of Presentation
	The accompanying consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) for financial information and with the instructions to Form 10-K.
	The accompanying consolidated financial statements include estimates and assumptions relating to the reporting of assets and liabilities and the disclosure of contingent assets and liabilities to prepare these financial statements in conformity with U.S. GAAP. The most significant of these estimates and assumptions relate to revenue recognition, allowances for doubtful accounts, reserves for sales returns and allowances and customer chargebacks, inventory mark-down provisions, impairment of tangible and intangible assets, stock option expense, estimates for unpaid healthcare claims, derivative valuations, accruals related to the Company’s tax positions and tax valuation allowances. Although these and other estimates and assumptions are based on the best available information, actual results could be materially different from these estimates.
	Principles of consolidation
	The accompanying consolidated financial statements include the accounts of the Company and its subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation.
	Foreign Currency
	All foreign wholly-owned subsidiaries use the local currency of their respective countries as their functional currency. Assets and liabilities are translated into U.S. dollars at exchange rates prevailing at the balance sheet dates. Revenues, costs and expenses are translated into U.S. dollars at average exchange rates for the relevant period. Income and losses resulting from translation are recorded as a component of accumulated other comprehensive income (loss). Gains and losses from foreign currency transactions are recognized in selling, general and administrative expenses in the consolidated statements of operations. Foreign currency gain/loss included within selling, general and administrative expenses was a $1.4 million loss in 2014, a $258,000 loss in 2013 and a $415,000 loss in 2012.
	Revenue recognition
	The Company sells products wholesale, to retailers and distributors, and retail, directly to consumers. Wholesale sales and retail direct sales are recognized when title passes to the customer, which is primarily at the shipping point for wholesale sales and upon delivery to the customer for retail direct sales. Shipping and handling fees that are billed to customers in sales transactions are included in net sales and amounted to $1.4 million for each of the three years ended December 31, 2014, 2013, and 2012. Net sales exclude taxes that are collected from customers and remitted to the taxing authorities.
	The Company offers various sales incentives and promotional programs to its customers from time to time in the normal course of business. These incentives and promotions typically include arrangements such as cooperative advertising, buydowns, volume rebates and discounts. These arrangements and an estimate of sales returns are reflected as reductions in net sales in the Company’s consolidated statements of operations.
	Cost of sales
	Cost of sales consist primarily of costs associated with the production and procurement of product, inbound freight costs, purchasing costs, royalties and other product procurement related charges.
	Distribution expenses
	Distribution expenses consist primarily of warehousing expenses and freight-out expenses. Freight-out expenses were $11.4 million, $9.0 million, and $8.5 million for the years ended December 31, 2014, 2013, and 2012, respectively. Handling costs of products sold are included in cost of sales.
	Advertising expenses
	Advertising expenses are expensed as incurred and are included in selling, general and administrative expenses. Advertising expenses were $1.6 million, $0.8 million, and $0.8 million for the years ended December 31, 2014, 2013, and 2012, respectively.
	Accounts receivable
	The Company periodically reviews the collectability of its accounts receivable and establishes allowances for estimated losses that could result from the inability of its customers to make required payments. A considerable amount of judgment is required to assess the ultimate realization of these receivables including assessing the initial and on-going creditworthiness of the Company’s customers. The Company also maintains an allowance for anticipated customer deductions. The allowances for deductions are primarily based on contracts with customers.
	However, in certain cases the Company does not have a formal contract and, therefore, customer deductions are non-contractual. To evaluate the reasonableness of non-contractual customer deductions, the Company analyzes currently available information and historical trends of deductions.
	Inventory
	Inventory consists principally of finished goods sourced from third-party suppliers. Inventory also includes finished goods, work in process and raw materials related to the Company’s manufacture of sterling silver products. Inventory is priced using the lower of cost (first-in, first-out basis) or market method. The Company estimates the selling price of its inventory on a product by product basis based on the current selling environment. If the estimated selling price is lower than the inventory’s cost, the Company reduces the value of the inventory to its net realizable value.
	Property and equipment
	Property and equipment is stated at cost. Property and equipment, other than leasehold improvements, is depreciated using the straight-line method over the estimated useful lives of the assets. Building and improvements are being depreciated over 30 years and machinery, furniture and equipment over periods ranging from 3 to 10 years. Leasehold improvements are amortized over the term of the lease or the estimated useful lives of the improvements, whichever is shorter. Advances paid towards the acquisition of property and equipment and the cost of property and equipment not ready for use before the end of the period are classified as construction in progress.
	Cash equivalents
	The Company considers all highly liquid instruments with a maturity of three months or less when purchased to be cash equivalents.
	Concentration of credit risk
	The Company’s cash and cash equivalents are potentially subject to concentration of credit risk. The Company maintains cash with several financial institutions that, in some cases, is in excess of Federal Deposit Insurance Corporation insurance limits.
	Concentrations of credit risk with respect to trade accounts receivable are limited due to the large number of entities comprising the Company’s customer base.
	During the years ended December 31, 2014, 2013, and 2012, Wal-Mart Stores, Inc. (including Sam’s Club and Asda Superstore, in the United Kingdom) accounted for 16%, 15%, and 16% of net sales, respectively. Sales to Wal-Mart Stores, Inc. are included in the Company’s U.S. Wholesale and International segments. No other customer accounted for 10% or more of the Company’s sales during these periods.
	Fair value measurements
	Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic No. 820, Fair Value Measurements and Disclosures, provides enhanced guidance for using fair value to measure assets and liabilities and establishes a common definition of fair value, provides a framework for measuring fair value under U.S. generally accepted accounting principles and expands disclosure requirements about fair value measurements. Fair value measurements included in the Company’s consolidated financial statements relate to the Company’s annual goodwill and other intangible asset impairment tests and derivatives, described in Notes D and F, respectively.
	Fair value of financial instruments
	The Company determined the carrying amounts of cash and cash equivalents, accounts receivable and accounts payable are reasonable estimates of their fair values because of their short-term nature. The Company determined that the carrying amounts of borrowings outstanding under its Revolving Credit Facility and Term Loan approximate fair value since such borrowings bear interest at variable market rates.
	Derivatives
	The Company accounts for derivative instruments in accordance with ASC Topic No. 815, Derivatives and Hedging. ASC Topic No. 815 requires that all derivative instruments be recognized on the balance sheet at fair value as either an asset or liability. Changes in the fair value of derivatives that qualify as hedges and have been designated as part of a hedging relationship for accounting purposes have no net impact on earnings to the extent the derivative is considered highly effective in achieving offsetting changes in fair value or cash flows attributable to the risk being hedged, until the hedge item is recognized in earnings. If the derivative which is designated as part of a hedging relationship is considered ineffective in achieving offsetting changes in fair value or cash flows attributable to the risk being hedged, the changes in fair value are recorded in operations. For derivatives that do not qualify or are not designated as hedging instruments for accounting purposes, changes in fair value are recorded in operations.
	Goodwill, intangible assets and long-lived assets
	Goodwill and intangible assets deemed to have indefinite lives are not amortized but, instead, are subject to an annual impairment assessment. Additionally, if events or conditions were to indicate the carrying value of a reporting unit may not be recoverable, the Company would evaluate goodwill and other intangible assets for impairment at that time. As it relates to the goodwill assessment, the Company first assesses qualitative factors to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount as a basis for determining whether it is necessary to perform the two-step goodwill impairment testing described in ASU Topic No. 350, Intangibles – Goodwill and Other. If, after assessing qualitative factors, the Company determines that it is more likely than not that the fair value of a reporting unit is less than its carrying amount, then performing the two-step impairment test is unnecessary and the Company’s goodwill is considered to be unimpaired. However, if based on the Company’s qualitative assessment it concludes that it is more likely than not that the fair value of the reporting unit is less than its carrying amount, or if the Company elects to bypass the qualitative assessment, the Company will proceed with performing the two-step process. The first step in the two-step process compares the carrying value of each reporting unit that has goodwill with the estimated fair value of the respective reporting unit. Should the carrying value of a reporting unit be in excess of the estimated fair value of that reporting unit, the second step must be performed. The second step represents a hypothetical purchase price allocation as if the Company had acquired the reporting unit on that date. The Company also evaluates qualitative factors to determine whether or not its indefinite lived intangibles have been impaired and then performs quantitative tests if required. These tests can include the royalty savings model or other valuation models.
	Long-lived assets, including intangible assets deemed to have finite lives, are reviewed for impairment whenever events or changes in circumstances indicate that such amounts may have been impaired. Impairment indicators include, among other conditions, cash flow deficits, historic or anticipated declines in revenue or operating profit or material adverse changes in the business climate that indicate that the carrying amount of an asset may be impaired. When impairment indicators are present, the Company compares the carrying value of the asset to the estimated discounted future cash flows expected to be generated by the asset. If the asset is considered to be impaired, the impairment to be recognized is measured by the amount by which the carrying amount of the asset exceeds the fair value of the asset.
	Income taxes
	The Company accounts for income taxes using the asset and liability method. Under this method, deferred tax assets and liabilities are determined based on differences between financial reporting and tax bases of assets and liabilities and are measured using the enacted tax rates and laws that are expected to be in effect when the differences are expected to reverse. The Company accounts for foreign income taxes based upon anticipated reinvestment of profits into respective foreign tax jurisdictions.
	The Company applies the authoritative guidance for the financial statement recognition, measurement and disclosure of uncertain tax positions recognized in the Company’s financial statements. In accordance with this guidance, tax positions must meet a more-likely-than-not recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position. A valuation allowance is required to be established or maintained when it is “more likely than not” that all or a portion of deferred tax assets will not be realized.
	Stock options
	The Company measures compensation expense for all share-based compensation granted to employees and non-employee directors at fair value on the date of grant and recognizes compensation expense over the related service period for awards expected to vest. The Company uses the Black-Scholes option valuation model to estimate the fair value of its stock options. The Black-Scholes option valuation model requires the input of highly subjective assumptions including the expected stock price volatility of the Company’s common stock and the risk free interest rate.
	Employee Healthcare
	The Company self-insures certain portions of its health insurance plan. The Company maintains an accrual for estimated unpaid claims and claims incurred but not yet reported (“IBNR”). Although management believes that it uses the best information available to estimate IBNR claims, actual claims may vary significantly from estimated claims.
	Restructuring Expenses
	Costs associated with restructuring activities are recorded at fair value when a liability has been incurred. A liability has been incurred at the point of closure for any remaining operating lease obligations and at the communication date for severance.
	In May 2014, the Company commenced a plan to consolidate its customer service and call center functions and eliminated certain employee positions in connection with this consolidation. The Company recorded $125,000 of restructuring expenses during the year ended December 31, 2014 related to the execution of this plan.
	In April 2013, the Company commenced a plan to close the Fred® & Friends distribution center and eliminate certain employee positions in conjunction with the closure. The Company recorded $367,000 of restructuring expenses during the year ended December 31, 2013 related to the execution of this plan. The Company does not anticipate that it will incur any further restructuring expenses related to this closure.
	New Accounting Pronouncements
	In July 2012, the FASB issued ASU No. 2012-02, Intangibles—Goodwill and Other (Topic 350): Testing Indefinite-Lived Intangible Assets for Impairment, which permits an entity to first assess qualitative factors to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount as a basis for determining whether it is necessary to perform the quantitative impairment test described in ASC Topic No. 350, Intangibles – Goodwill and Other. The amendments in this update are effective for annual and interim impairment tests performed for fiscal years beginning after September 15, 2012. The Company’s adoption of this guidance did not have a material impact on the Company’s consolidated financial position, results of operations or cash flows.
	Effective January 2013, the Company adopted ASU No. 2013-02, Comprehensive Income (Topic 220): Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income, which requires an entity to provide information about the amounts reclassified out of accumulated other comprehensive income by component. In addition, an entity is required to present, either on the face of the statement where net income is presented or in the notes, significant amounts reclassified out of accumulated other comprehensive income by the respective line items of net income but only if the amount reclassified is required under GAAP to be reclassified to net income in its entirety in the same reporting period. For other amounts that are not required under GAAP to be reclassified in their entirety to net income (e.g., net periodic pension benefit cost), an entity is required to cross-reference to other disclosures required under GAAP that provide additional detail about those amounts. In connection with the adoption of this standard, the Company added additional disclosure about the Company’s accumulated other comprehensive income to Note M of its financial statements.
	In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-09, Revenue from Contracts with Customers, to clarify the principles of recognizing revenue and create common revenue recognition guidance under U.S. GAAP and International Financial Reporting Standards. This ASU is effective for fiscal years and interim periods within those years beginning after December 15, 2016 and can be adopted either retrospectively to each reporting period presented or as a cumulative effect adjustment as of the date of the adoption, with early application not permitted. The Company is currently determining its implementation approach and assessing the impact, if any, on the consolidated financial statements.

ACQUISITIONS

ACQUISITIONS	12 Months Ended
	Dec. 31, 2014
ACQUISITIONS	NOTE B —ACQUISITIONS
	Kitchen Craft
	On January 15, 2014, the Company acquired 100% of the share capital of Thomas Plant (Birmingham) Limited (“Kitchen Craft”) for cash in the amount of £37.4 million ($61.5 million) and 581,432 shares of common stock of the Company with an intrinsic value of £5.5 million ($9.0 million). The purchase price also includes contingent cash consideration of up to £5.5 million ($9.0 million) which will be payable in future years if Kitchen Craft achieves certain financial targets. Kitchen Craft is a leading supplier of kitchenware products and accessories in the United Kingdom. The assets, liabilities and operating results of Kitchen Craft are reflected in the Company’s consolidated financial statements in accordance with ASC Topic No. 805, Business Combinations, commencing from the acquisition date.
	The purchase price has been determined to be as follows (in thousands):
	Cash		$	61,302
	Share consideration issued(1)			8,382
	Value of contingent consideration(2)			2,488
	Working capital adjustment(3)			374
	Total purchase price		$	72,546
	-1	Share consideration issued is valued at the closing market price discounted to account for lack of marketability related to the lock up period as described in the share purchase agreement.
	-2	The value of contingent consideration represents the present value of the estimated payments related to the attainment of certain financial targets for the years 2014 through 2016. The maximum undiscounted contingent consideration to be paid on the agreement is £5.5 million ($9.0 million).
	-3	A working capital adjustment was made in May 2014 as provided for in the share purchase agreement.
	The purchase price was allocated based on the Company’s estimate of the fair value of the assets acquired and liabilities assumed, as follows (in thousands):
			Purchase Price
			Allocation
	Accounts Receivable (1)		$	14,267
	Inventory			17,912
	Other assets			4,054
	Other liabilities			(10,242	)
	Deferred income tax			(8,391	)
	Goodwill and other intangibles			54,946
	Total allocated value		$	72,546
	-1	The fair value of accounts receivable approximated the gross contractual amounts receivable.
	Goodwill results from such factors as an assembled workforce. The total amount of goodwill is not expected to be deductible for tax purposes. All of the goodwill and other intangible assets are included in the International Segment. Customer relationships and trade names are amortized on a straight-line basis over their estimated useful lives (see Note D).
	Kitchen Craft pension plan
	Kitchen Craft is the sponsor of a defined benefit pension plan (the “Plan”) for which service costs accrual ceased prior to the acquisition. Pursuant to the share purchase agreement, the Company and the sellers agreed to take action to settle the Plan’s obligation through the purchase of a group annuity contract and terminate the Plan.
	As of the acquisition closing date, the projected benefit obligation of the Plan was estimated to be £7.1 million ($11.7 million) and was fully funded pursuant to the share purchase agreement. The assumptions utilized in the measurement of the funded status at the acquisition date, including a discount rate of 3.3%, reflected Kitchen Craft’s intent to settle the Plan through the purchase of a group annuity contract.
	On October 31, 2014, the Plan trustees secured, in full, all benefits payable or contingently payable under the Plan (subject to adjustment as determined by the UK pension authority in connection with its approval of the Plan’s termination) through the purchase of a group annuity contract from a major UK-based insurance company. The terms of the group annuity contract required Kitchen Craft to make an additional payment of approximately £1.5 million ($2.4 million). The share purchase agreement provides that any additional contribution required in connection with the settlement and termination of the Plan shall be offset by future amounts owed to the sellers or, if those amounts are insufficient, reimbursed by the sellers. Accordingly, there was no impact, nor is there any expected future impact, to the Company’s statement of operations in connection with the settlement and planned termination of the Plan, which is expected to occur in 2015.
	The Company’s net periodic benefit cost for the year ended December 31, 2014 is described in Note L.
	Unaudited pro forma results
	The year ended December 31, 2014 includes the operations of Kitchen Craft for the period from January 15, 2014 to December 31, 2014. The consolidated statements of operations for the year ended December 31, 2014 includes $67.6 million of net sales and $4.1 million of income from operations contributed by Kitchen Craft.
	The following table presents the Company’s pro forma consolidated net sales and income before income taxes and equity in earnings for the year ended December 31, 2014 and 2013. The unaudited pro forma results include the historical statements of operations information of the Company and of Kitchen Craft, giving effect to the Kitchen Craft acquisition and related financing as if they had occurred at the beginning of the period presented. As described below under “Other Acquisitions,” the Company consummated certain other acquisitions during the year ended December 31, 2014; however the Company has not included the results prior to their acquisition in these pro forma results as the impact would not have been material.
			Unaudited pro forma results
			Year ended
			December 31, 2014			December 31, 2013
			(In thousands, except per share data)
	Net sales		$	586,010		$	567,218
	Income before income taxes and equity in earnings			15,760			26,491
	Net income			2,702			12,031
	Basic earnings per common share			0.2			0.9
	Diluted earnings per common share		$	0.19		$	0.88
	The pro forma results, prepared in accordance with U.S. GAAP, include the following pro forma adjustments related to the Kitchen Craft acquisition:
		(i)	the elimination of the charge in cost of sales related to the increase in fair value of acquired inventory of $0.9 million in the year ended December 31, 2014;
		(ii)	an increase in amortization expense related to the fair value of the identifiable intangible assets of $3.4 million in the year ended December 31, 2013;
		(iii)	the elimination of acquisition costs recorded in the year ended December 31, 2014 and 2013 of $1.0 million and $0.6 million, respectively;
		(iv)	an increase in interest expense and amortization of debt issuance costs of $2.0 million, resulting from the refinancing of the Company’s debt to finance the acquisition, during the year ended December 31, 2013; and
		(v)	an adjustment of $2.2 million in the year ended December 31, 2013 to conform compensation expense to the Company’s current compensation policies.
	The unaudited pro forma results do not include any revenue or cost reductions that may be achieved through the business combination, or the impact of non-recurring items directly related to the business combination.
	The unaudited pro forma results are not necessarily indicative of the operating results that would have occurred if the Kitchen Craft acquisition had been completed as of the date for which the pro forma financial information is presented. In addition, the unaudited pro forma results do not purport to project the future consolidated operating results of the combined companies.
	Other 2014 acquisitions
	In February 2014, the Company acquired certain assets of Built NY, Inc. (“Built NY”), including inventory, trademarks and other intellectual property. Also in February 2014, the Company acquired certain assets of The Empire Silver Company, Inc. (“Empire Silver”), including trademarks and other intellectual property. In March 2014, the Company acquired the share capital of La Cafetière (UK) Limited, together with certain assets of other subsidiaries of The Greenfield Group Limited (collectively, “La Cafetière”). The La Cafetière acquisition included the purchase of certain trademarks and other intellectual property, and certain inventory and receivables.
	In aggregate, the Company paid approximately $5.4 million of primarily cash consideration for the acquisitions of Built NY, Empire Silver and La Cafetière. The assets, liabilities and operating results of the acquisitions are reflected in the Company’s consolidated financial statements in accordance with ASC Topic No. 805, Business Combinations, commencing from the acquisition dates.
	Fred® & Friends
	On December 20, 2012, the Company acquired the Fred® & Friends (“F&F”) business. F&F designs and distributes novelty housewares under the Fred® brand directly to retailers throughout the United States and Canada. The assets, liabilities and operating results of F&F have been reflected in the Company’s consolidated financial statements in accordance with ASC Topic No. 805, Business Combinations, commencing from the acquisition date and did not significantly impact the Company’s consolidated financial results for the year ended December 31, 2012.
	The purchase price was comprised of the following (in thousands):
	Cash paid		$	14,500
	Common stock issued			1,507
	Value of contingent consideration			5,370
	Total purchase price		$	21,377
	The cash portion of the purchase price was funded by borrowings under the Company’s revolving credit facility. The value of contingent consideration represents the present value of estimated contingent payments of $4.0 million related to the attainment of certain gross contribution targets for the years 2013 through 2016 and the present value of the contractual holdback amount of $1.4 million, which serves as security for payments in satisfaction of any claim. The maximum undiscounted deferred and contingent consideration to be paid under the agreement is $7.7 million.
	The Company assessed the fair value of the contingent consideration as of December 31, 2014 and based upon the projected attainment of certain gross contribution margin targets, a fair value adjustment to reduce the contingent consideration accrual by $4.2 million is included within Selling, general and administrative expenses for the year ended December 31, 2014.
	The purchase price has been allocated based on management’s estimate of the fair value of the assets acquired and liabilities assumed, as follows (in thousands):
			Purchase
			Price
Allocation
Accounts receivable(1)		$	5,003
Inventory			3,941
Other assets			360
Other liabilities			(1,519	)
Goodwill and other intangibles			13,592
Total allocated value		$	21,377
Note:
-1	The fair value of accounts receivable approximated the gross contractual amounts receivable.
On the basis of estimated fair values, the excess of the purchase price over the net assets acquired of $13.6 million has been allocated as follows: $7.2 million for customer relationships, $3.9 million for trade names and $2.5 million for goodwill. The goodwill recognized results from such factors as an assembled workforce and the value of other synergies expected from combining operations with the Company. The total amount of goodwill is expected to be deductible for tax purposes. All of the goodwill and other intangibles are included in the U.S. Wholesale segment. Customer relationships and trade names are amortized on a straight-line basis over their estimated useful lives (see Note D).
See Note M for amounts accrued as of December 31, 2014 and 2013 related to contingent consideration. The estimated fair value of the contingent consideration was calculated using Level 3 unobservable inputs.

EQUITY_INVESTMENTS

EQUITY INVESTMENTS	12 Months Ended
	Dec. 31, 2014
EQUITY INVESTMENTS	NOTE C — EQUITY INVESTMENTS
	The Company owns approximately 30% of the outstanding capital stock of Grupo Vasconia, S.A.B. (“Vasconia”) an integrated manufacturer of aluminum products and one of Mexico’s largest housewares companies. Shares of Vasconia’s capital stock are traded on the Bolsa Mexicana de Valores, the Mexican Stock Exchange. The Quotation Key is VASCONI. The Company accounts for its investment in Vasconia using the equity method of accounting and records its proportionate share of Vasconia’s net income in the Company’s statement of operations. Accordingly, the Company has recorded its proportionate share of Vasconia’s net income (reduced for amortization expense related to the customer relationships acquired) for the years ended December 31, 2014, 2013, and 2012 in the accompanying consolidated statements of operations. The value of the Company’s investment balance has been translated from Mexican Pesos (“MXN”) to U.S. Dollars (“USD”) using the spot rate of MXN 14.74 and MXN 13.06 at December 31, 2014 and 2013, respectively. The Company’s proportionate share of Vasconia’s net income has been translated from MXN to USD using the average exchange rates of MXN 12.99 to 13.87, MXN 12.46 to 13.01, and MXN 12.94 to 13.51 during the years ended December 31, 2014, 2013, and 2012, respectively. The effect of the translation of the Company’s investment resulted in a (decrease) increase of the investment of $(4.0) million, $(0.3) million, and $2.7 million during the years ended December 31, 2014, 2013, and 2012, respectively. These translation effects are recorded in accumulated other comprehensive loss. The Company received cash dividends of $230,000, $571,000, and $416,000 from Vasconia during the years ended December 31, 2014, 2013, and 2012, respectively. Included in prepaid expenses and other current assets at December 31, 2014 is $33,000 due from Vasconia. Included within accrued expenses at December 31, 2013 is $152,000 due to Vasconia.
	Summarized income statement information for the years ended December 31, 2014, 2013, and 2012, as well as summarized balance sheet information as of December 31, 2014 and 2013, for Vasconia in USD and MXN is as follows:
		Year Ended December 31,
		2014				2013				2012
		(in thousands)
		USD		MXN		USD		MXN		USD		MXN
	Income Statement
	Net Sales	$	188,863	$	2,514,294	$	159,574	$	2,038,200	$	168,712	$	2,224,256
	Gross Profit		35,592		474,482		28,775		367,944		38,134		497,413
	Income from operations		7,790		103,658		5,438		70,430		14,614		192,182
	Net Income		5,328		71,732		4,315		55,077		34,172		443,630
						December 31,
						2014				2013
						(in thousands)
						USD		MXN		USD		MXN
	Balance Sheet
	Current assets					$	110,865	$	1,634,154	$	100,227	$	1,309,210
	Non-current assets						86,888		1,280,723		75,659		988,289
	Current liabilities						37,032		545,852		26,187		342,060
	Non-current liabilities						58,753		866,022		39,033		509,868
	The Company recorded equity in (losses) earnings of Vasconia, net of taxes, of $0.2 million, $(4.0) million, and $6.9 million for the years ended December 31, 2014, 2013, and 2012, respectively. Equity in losses in 2013 includes a charge of $5.0 million, net of tax, for the reduction in Vasconia’s fair value, as discussed in the following paragraph. Equity in earnings of Vasconia in 2012 includes $4.1 million related to the Company’s portion of a bargain purchase gain recognized by Vasconia on its purchase of Almexa, an aluminum mill and manufacturer of aluminum foil, a $1.1 million tax benefit realized in the period and the reduction of the Company’s investment to fair value of $1.3 million, net of tax.
	As of December 31, 2014, the fair value (based upon the quoted stock price) of the Company’s investment in Vasconia was $30.8 million. The carrying value of the Company’s investment in Vasconia was $27.8 million.
	In 2013, as a result of a decline in the quoted stock price and the 2013 quarterly decline in the operating results of Vasconia, the carrying amount of the Company’s investment in Vasconia exceeded its fair value and, therefore, the Company reduced its investment value by $5.0 million during the year ended December 31, 2013, net of tax, to its fair value.
	In 2012, as a result of recording the bargain purchase gain and a corresponding increase in the investment, the Company determined it was necessary to perform an impairment test on its investment in Vasconia as of December 31, 2012. The test involved the assessment of the fair value of the Company’s investment in Vasconia based on Level 1 quoted prices in active markets. The result of the assessment of the Company’s investment in Vasconia indicated that the carrying amount of the investment exceeded its quoted fair value and, therefore, was required to be reduced by $1.3 million, net of tax.
	The Company owns a 40% equity interest in GS Internacional S/A (“GSI”), a wholesale distributor of branded housewares products in Brazil, which the Company acquired in December 2011. As a result of the decline in operating results of GSI and the current business environment in Brazil, the Company evaluated its carrying value of the investment for other-than-temporary impairment under the equity-method of accounting. Management performed an evaluation of quantitative factors and concluded that the investment was other-than-temporarily impaired as of September 30, 2014. The estimate of fair value was based upon the median of the income-approach (discounted cash flow method) and market-approach valuation methodology using Level 3 unobservable inputs. During the fourth quarter of 2014, the Company purchased 40% of newly issued common stock of GSI for R$2.0 million ($764,000). The Company assessed the valuation of its fourth quarter investment in GSI and determined there were no significant changes to the assumptions used in the valuation of GSI performed during the third quarter. As a result, the new investment is also impaired. Accordingly, the Company recorded a total $6.0 million impairment charge, net of tax, in equity in earnings (losses), net of tax during the third and fourth quarters of 2014.
	The Company, together with Vasconia and unaffiliated partners, formed Housewares Corporation of Asia Limited (“HCA”), a Hong Kong-based company, to supply direct import kitchenware products to retailers in North, Central and South America. The Company initially invested $105,000 for a 40% equity interest in this entity during 2011. The operating results of HCA were not significant through December 31, 2013. As of December 31, 2013, the carrying value of the Company’s investment in HCA was $144,000. In October 2014, the Company sold its investment in HCA to an unaffiliated partner. No significant gains or losses were recognized in connection with this sale.
	In February 2012, the Company entered into Grand Venture Holdings Limited (“Grand Venture”), a joint venture with Manweal Development Limited (“Manweal”), a Chinese corporation, to distribute Mikasa® products in China, which included an initial investment of $500,000. The Company and Manweal each own 50% of Grand Venture and have rights and obligations proportionate to their ownership percentages. The Company accounts for its investment in Grand Venture using the equity method of accounting and has recorded its proportionate share of Grand Venture’s net loss as equity in earnings (losses) in the Company’s consolidated statements of operations. The Company recorded equity in losses of the joint venture of $39,000, $83,000 and $125,000 for the years ended December 31, 2014, 2013 and 2012, respectively. As of December 31, 2014 and 2013, the carrying value of the Company’s investment in Grand Venture was $251,000 and $287,000, respectively.
	The Company evaluated the disclosure requirements of ASC Topic No. 860, Transfers and Servicing, and determined that at December 31, 2014, the Company did not have a controlling voting interest or variable interest in any of its investments and therefore continued accounting for the investments using the equity method of accounting.

GOODWILL_AND_INTANGIBLE_ASSETS

GOODWILL AND INTANGIBLE ASSETS	12 Months Ended
	Dec. 31, 2014
GOODWILL AND INTANGIBLE ASSETS	NOTE D — GOODWILL AND INTANGIBLE ASSETS
	The Company’s intangible assets, all of which are included in the U.S. Wholesale and International segments, consist of the following (in thousands):
		Year Ended December 31,
		2014									2013
		Gross			Accumulated			Net			Gross		Accumulated			Net
					Amortization								Amortization
	Goodwill	$	18,101		$	—		$	18,101		$	5,085	$	—		$	5,085
	Indefinite -lived intangible assets:
	Trade names		7,616			—			7,616			18,364		—			18,364
	Finite -lived intangible assets:
	Licenses		15,847			(8,007	)		7,840			15,847		(7,551	)		8,296
	Trade names		29,768			(4,568	)		25,200			10,056		(2,677	)		7,379
	Customer relationships		50,823			(6,754	)		44,069			18,406		(2,736	)		15,670
	Other		1,202			(431	)		771			584		(229	)		355
	Total	$	123,357		$	(19,760	)	$	103,597		$	68,342	$	(13,193	)	$	55,149
	The Company performed its 2014 annual impairment test for its indefinite-lived trade names as of October 1, 2014. The test involved the assessment of the fair market values of the Company’s indefinite-lived trade names based on Level 3 unobservable inputs, using a relief from royalty approach, assuming a discount rate of 14.0%-15.5% and an average long term growth rate of 2.5%-3%. The result of the impairment assessment of the Company’s indefinite-lived trade names indicated that the carrying values of the Elements® and Melannco® trade names exceeded their fair values as of October 1, 2014.
	The Company’s home décor products category has experienced a decline in sales and profit in recent years. The Company believes the most significant factor resulting in the decline was the reduction in retail space allocated to the category which has also contributed to pricing pressure. The Company has been re-branding a portion of the home décor products under the Mikasa® and Pfaltzgraff® trade names and more recently under the Bombay® license. The Company is also taking advantage of promotional sale opportunities, such as flash sale websites and online retailers to offset the effect of a reduction in retail space for this product category and pricing pressures. As a result of these factors, the Company recorded an impairment charge of $3.4 million, related to these brands, in its consolidated statement of operations for the year ended December 31, 2014.
	In addition, as of October 1, 2014 and December 31, 2014, the Company assessed the carrying value of its goodwill and determined based on quantitative and qualitative factors that no impairment existed.
	As part of the Company’s annual impairment analysis of indefinite-lived trade names it was determined that certain of the Company’s trade names, previously estimated to contribute to cash flows indefinitely, have definite lives. Accordingly, these trade names were reclassified from indefinite-lived or unamortizable intangible assets to finite lived or amortizable intangible assets as of October 1, 2014. The remaining useful lives of these trade names is 10 to 15 years.
	A summary of the activities related to the Company’s intangible assets for the year ended December 31, 2014 consists of the following (in thousands):
		Intangible			Goodwill			Total
		Assets						Intangible
								Assets and
								Goodwill
	Goodwill and Intangible Assets, December 31, 2011	$	44,264		$	2,673		$	46,937
	Acquisition of trade names		3,940			—			3,940
	Acquisition of customer relationships		7,240			—			7,240
	Goodwill from F&F acquisition		—			2,412			2,412
	Impairment of Elements® trade name		(1,069	)		—			(1,069	)
	Amortization		(1,618	)		—			(1,618	)
	Goodwill and Intangible Assets, December 31, 2012		52,757			5,085			57,842
	Amortization		(2,693	)		—			(2,693	)
	Goodwill and Intangible Assets, December 31, 2013		50,064			5,085			55,149
	Acquisition of trade names		12,348			—			12,348
	Acquisition of customer relationships		32,417			—			32,417
	Acquisition of other intangible assets		618			—			618
	Goodwill from Kitchen Craft acquisition		—			13,016			13,016
	Impairment of trade names		(3,384	)		—			(3,384	)
	Amortization		(6,567	)		—			(6,567	)
	Goodwill and Intangible Assets, December 31, 2014	$	85,496		$	18,101		$	103,597
	The weighted-average amortization periods for the Company’s finite-lived intangible assets as of December 31, 2014 are as follows:
		Years
	Trade names		14
	Licenses		33
	Customer relationships		13
	Other		11
	Estimated amortization expense for each of the five succeeding fiscal years is as follows (in thousands):
	Year ending December 31,
	2015	$	7,004
	2016		6,996
	2017		6,708
	2018		6,708
	2019		6,708
	Amortization expense for the years ended December 31, 2014, 2013, and 2012 was $6.6 million, $2.7 million, and $1.6 million, respectively.

DEBT

DEBT	12 Months Ended
	Dec. 31, 2014
DEBT	NOTE E — DEBT
	Credit Agreement
	In January 2014, the Company entered into a Second Amended and Restated Credit Agreement with JPMorgan Chase Bank, N.A, as Administrative Agent and Co-Collateral Agent, and HSBC Bank USA, National Association, as Syndication Agent and Co-Collateral Agent (as amended, the “Credit Agreement”) amending and restating the Company’s then existing Amended and Restated Credit Agreement. The Credit Agreement, which expires in January 2019, provides for, among other things, a Revolving Credit Facility commitment totaling $175.0 million ($40.0 million of which is available for multi-currency borrowings) and a new Term Loan facility of $50.0 million.
	Each borrowing under the Revolving Credit Facility bears interest, at the Company’s option, at one of the following rates: (i) the Alternate Base Rate, defined as the greater of the Prime Rate, Federal Funds Rate plus 0.5% or the Adjusted LIBO Rate plus 1.0%, plus a margin of 0.75% to 1.25%, or (ii) the Eurodollar Rate, defined as the Adjusted LIBO Rate plus a margin of 1.75% to 2.25%. The respective margins are based upon availability which is a function of usage and the borrowing base. Interest rates on outstanding borrowings at December 31, 2014 ranged from 2.125% to 4.25%. In addition, the Company pays a commitment fee of 0.375% on the unused portion of the Revolving Credit Facility.
	At December 31, 2014 and 2013, borrowings outstanding under the Revolving Credit Facility were $92.7 million and $49.2 million, respectively. At December 31, 2014 and 2013, open letters of credit were $2.3 million and $1.3 million, respectively. At December 31, 2014 and 2013, availability under the Revolving Credit Facility was approximately $64.9 million and $87.8 million, respectively. The borrowing capacity under the Revolving Credit Facility depends, in part, on eligible levels of accounts receivable and inventory that fluctuate regularly and certain trademark values based upon periodic appraisals and may be lower in the first two quarters when the Company’s inventory level is lower due to seasonality. Consequently, the $175.0 million commitment may not represent actual borrowing capacity.
	The Company classifies a portion of the Revolving Credit Facility as a current liability if the Company’s intent and ability is to repay the loan from cash flows from operations which are expected to occur within the next 12 months. Repayments and borrowings under the facility can vary significantly from planned levels based on cash flow needs and general economic conditions. The Company expects that it will continue to borrow and repay funds, subject to availability, under the facility based on working capital and other corporate needs.
	ABR Term Loans or Eurocurrency Term Loans, provided for under the Credit Agreement, bear interest based on the applicable Senior Leverage Ratio. The ABR Spread for Term Loans is 3.0% to 3.5% and the Eurocurrency Spread for Term Loans is 4.0% to 4.5%. As of December 31, 2014, $45.0 million was outstanding under the Term Loan.
	The Company’s payment obligations under the Revolving Credit Facility are unconditionally guaranteed by each of its existing and future U.S. subsidiaries. Certain payment obligations under the Revolving Credit Facility are also direct obligations of its foreign subsidiary borrowers designated as such under the Credit Agreement and, subject to limitations on such guaranty, are guaranteed by the foreign subsidiary borrowers, as well as by the Company. The obligations of the Company under the Revolving Credit Facility and any hedging arrangements and cash management services and the guarantees by its domestic subsidiaries in respect of those obligations are secured by substantially all of the assets and stock (but in the case of foreign subsidiaries, limited to 65% of the capital stock in first-tier foreign subsidiaries and not including stock of subsidiaries of such first-tier foreign subsidiaries) owned by the Company and the U.S. subsidiary guarantors, subject to certain exceptions. Such security interest consists of a first-priority lien, subject to certain permitted liens, with respect to the assets of the Company and its domestic subsidiaries pledged as collateral in favor of lenders under the Revolving Credit Facility.
	The Credit Agreement provides for customary restrictions and events of default. Restrictions include limitations on additional indebtedness, acquisitions, investments and payment of dividends, among other things. Further, the Credit Agreement provides that at any time any Term Loan is outstanding or at any time no Term Loan is outstanding and availability under the Revolving Credit Facility is less than $17.5 million and continuing until availability of at least $20.0 million is maintained for three consecutive months, the Company is required to maintain a minimum fixed charge coverage ratio of 1.10 to 1.00 for each of four consecutive fiscal quarter periods. The Credit Agreement also provides that when the Term Loan is outstanding, the Company is required to maintain a Senior Leverage Ratio within defined parameters not to exceed 4.00 to 1.00 at the fiscal quarter ending September 30, 2014; 4.25 to 1.00 at the fiscal quarter ending December 31, 2014; 3.50 to 1.00 at each fiscal quarter end in 2015; and 2.50 to 1.00 at each fiscal quarter end thereafter; provided that for any fiscal quarter ending on September 30 of any year, the maximum Senior Leverage Ratio specified above shall be increased by an additional 0.25:1.00.
	Pursuant to the term loan agreement, as of December 31, 2014 the maximum additional permitted indebtedness other than certain subordinated indebtedness was $40.2 million. The Company was in compliance with the financial covenants of the Credit Agreement at December 31, 2014.
	In February 2015, the Company entered into an amendment to its Credit Agreement (“Amendment No. 2”). Amendment No. 2, among other things, modified the Company’s maximum permitted Senior Leverage Ratio to provide for a more gradual reduction, beginning March 31, 2015, than was previously the case. The Company is now required to maintain a Senior Leverage Ratio not to exceed 4.25 to 1.00 for the fiscal quarter ended December 31, 2014; 4.00 to 1.00 for each fiscal quarter ending during 2015; and 3.25 to 1.00 for each fiscal quarter ending thereafter. Amendment No. 2 also amended the definition of EBITDA to exclude non-recurring one-time cash charges incurred during 2014 in connection with a permitted acquisition and the refinancing of certain indebtedness if not completed, as well clarifying language as to the exclusion from EBITDA of potential contingent consideration payments related to certain completed acquisitions.
	In January 2014, the Company repaid the previously outstanding Senior Secured Term Loan in connection with the execution and delivery of the Credit Agreement.
	Other Credit Agreements
	A subsidiary of the Company has a credit facility (“HSBC Facility” or “Short term loan”) with HSBC Bank (China) Company Limited, Shanghai Branch (“HSBC”) for up to RMB 18.0 million ($2.9 million). The HSBC Facility is subject to annual renewal and may be used to fund general working capital needs of the subsidiary which is a trading company in the People’s Republic of China. Borrowings under the HSBC Facility are guaranteed by the Company and are granted at the sole discretion of HSBC. At December 31, 2014, RMB 4.8 million ($765,000) was outstanding and the interest rate was 6.44% under the HSBC Facility.

DERIVATIVES

DERIVATIVES	12 Months Ended
	Dec. 31, 2014
DERIVATIVES	NOTE F — DERIVATIVES
	The Company is a party to interest rate swap agreements with an aggregate notional amount of $25.4 million to manage interest rate exposure in connection with its variable interest rate borrowings. The hedge periods of these agreements commenced in March 2013 and expire in June 2018 and the notional amounts amortize over this period. The interest rate swap agreements were designated as cash flow hedges under ASC Topic No. 815. The effective portion of the fair value gain or loss on these agreements is recorded as a component of accumulated other comprehensive loss. The effect of recording these derivatives at fair value resulted in an unrealized gain of $13,000 and $241,000 and an unrealized loss of $272,000, net of taxes, for the years ended December 31, 2014, 2013 and 2012, respectively. No amounts recorded in accumulated other comprehensive loss are expected to be reclassified to interest expense in the next twelve months.
	The fair values of the derivatives have been obtained from the counterparties to the agreements and were based on Level 2 observable inputs using proprietary models and estimates about relevant future market conditions. The aggregate fair value of the Company’s interest derivative instruments was a liability of $32,000 and $54,000 at December 31, 2014 and December 31, 2013, respectively, and is included in accrued expenses and other long-term liabilities in the consolidated balance sheets.
	During 2014, the Company also entered into certain foreign exchange contracts, primarily to offset the earnings impact related to fluctuations in foreign currency exchange rates associated with inventory purchases denominated in foreign currencies. These foreign exchange contracts were not designated as hedges as required in order to apply hedge accounting. The changes in the fair values of these contracts were recorded in earnings immediately. As of December 31, 2014, there were no open foreign exchange contracts. Included in selling, general and administrative expenses in the consolidated statement of operations is a gain of $0.7 million related to these foreign exchange derivative contracts.

CAPITAL_STOCK

CAPITAL STOCK	12 Months Ended
	Dec. 31, 2014
CAPITAL STOCK	NOTE G — CAPITAL STOCK
	Long-term incentive plan
	The Company’s 2000 Long-Term Incentive Plan, as amended (the “Plan”) provides for up to 4,200,000 shares available for grant. These shares of the Company’s common stock are available for grants to directors, officers, employees, consultants and service providers and affiliates in the form of stock options or other equity-based awards. The Plan authorizes the Board of Directors of the Company, or a duly appointed committee thereof, to issue incentive stock options, non-qualified options and other stock-based awards. Options that have been granted under the Plan expire over a range of five to ten years from the date of grant and vest over a range of up to five years from the date of grant. As of December 31, 2014, there were 296,362 shares available for the grant of awards.
	Cash dividends
	Dividends declared in 2014 and 2013 are as follows:
	Dividend per share	Date declared		Date of record	Payment date
	$0.03	12-Mar-13		1-May-13	15-May-13
	$0.03	13-Jun-13		1-Aug-13	15-Aug-13
	$0.03	2-Aug-13		1-Nov-13	15-Nov-13
	$0.04	31-Oct-13		31-Jan-14	14-Feb-14
	$0.04	11-Mar-14		1-May-14	15-May-14
	$0.04	19-Jun-14		1-Aug-14	15-Aug-14
	$0.04	29-Jul-14		31-Oct-14	14-Nov-14
	$0.04	5-Nov-14		30-Jan-15	13-Feb-15
	On March 4, 2015, the Board of Directors declared a quarterly dividend of $0.0375 per share payable on May 15, 2015 to shareholders of record on May 1, 2015.
	Stock repurchase program
	On April 30, 2013, Lifetime’s Board of Directors authorized the repurchase of up to $10.0 million of the Company’s common stock. The repurchase authorization permits the Company to effect repurchases from time to time through open market purchases and privately negotiated transactions. During the year ended December 31, 2013, the Company repurchased 245,575 shares for a total cost of $3.2 million and thereafter retired the shares. No shares were repurchased during the year ended December 31, 2014.
	Preferred stock
	The Company is authorized to issue 100 shares of Series A Preferred Stock and 2,000,000 shares of Series B Preferred Stock, none of which is issued or outstanding at December 31, 2014.
	Restricted stock
	In 2014, 2013, and 2012, the Company granted an aggregate of 21,511, 22,459, and 23,394 restricted shares, respectively, of the Company’s common stock to its non-employee directors representing payment of a portion of their annual retainer. In 2014, the Company also granted 5,000 restricted shares to an employee.
	The total fair value of the restricted shares, based on the number of shares granted and the quoted market prices of the Company’s common stock on the dates of grant was $420,000 in 2014, $298,000 in 2013 and $270,000 in 2012. For restricted stock grants made to the Company’s non-employee directors, the restrictions lapse one year from the date of grant and the stock is expensed over the one year period. For the restricted stock granted to an employee in 2014, the restriction on one third of the shares lapses annually, over three years. Total unrecognized restricted stock compensation expense at December 31, 2014 was $232,000 and is expected to be recognized over a weighted-average period of 0.9 years.
	Stock options
	A summary of the Company’s stock option activity and related information for the three years ended December 31, 2014, is as follows:
		Options			Weighted-			Weighted-			Aggregate
					average			average			intrinsic
					exercise			remaining			value
					price			contractual
								life (years)
	Options outstanding at December 31, 2011		2,475,750		$	12.62
	Grants		305,000			11.64
	Exercises		(199,823	)		5.47
	Cancellations		(52,750	)		12.82
	Options outstanding at December 31, 2012		2,528,177			13.06
	Grants		390,800			12.26
	Exercises		(247,827	)		4.91
	Cancellations		(68,000	)		16.89
	Expirations		(231,500	)		22.46
	Options outstanding at December 31, 2013		2,371,650			12.75
	Grants		394,400			18.83
	Exercises		(365,223	)		8.63
	Cancellations		(32,200	)		12.23
	Expirations		(42,000	)		26.61
	Options outstanding at December 31, 2014		2,326,627			14.19			5.99		$	10,670,919
	Options exercisable at December 31, 2014		1,533,785		$	13.69			4.83		$	8,425,516
	The aggregate intrinsic value in the table above represents the total pre-tax intrinsic value that would have been received by the option holders had all option holders exercised their stock options on December 31, 2014. The intrinsic value is calculated for each in-the-money stock option as the difference between the closing price of the Company’s common stock on December 31, 2014 and the exercise price.
	The total intrinsic values of stock options exercised for the years ended December 31, 2014, 2013, and 2012 were $3,103,000, $1,997,000, and $1,182,000, respectively. The intrinsic value of a stock option that is exercised is calculated at the date of exercise.
	The Company recognized stock compensation expense of $4.5 million for the year ended December 31, 2014, of which $2.5 million represents stock option compensation expense, $0.3 million represents restricted share compensation expense and $1.7 million represents stock awards to be granted in 2015. The Company recognized stock compensation expense of $2.9 million and $2.8 million for the years ended December 31, 2013, and 2012, respectively. The stock compensation expense recognized each year is equal to the grant date fair values of stock options vested during the year. Total unrecognized compensation cost related to unvested stock options at December 31, 2014, before the effect of income taxes, was $5.0 million and is expected to be recognized over a weighted-average period of 2.54 years.
	The Company values stock options using the Black-Scholes option valuation model. The Black-Scholes option valuation model, as well as other available models, was developed for use in estimating the fair value of traded options, which have no vesting restrictions and are fully transferable. The Black-Scholes option valuation model requires the input of highly subjective assumptions including the expected stock price volatility and risk-free interest rate. Because the Company’s stock options have characteristics significantly different from those of traded options, changes in the subjective input assumptions can materially affect the fair value estimates of the Company’s stock options. The weighted-average per share grant date fair value of stock options granted during the years ended December 31, 2014, 2013, and 2012 was $9.73, $6.12, and $6.05, respectively.
	The fair values for these stock options were estimated at the dates of grant using the following weighted-average assumptions:
		2014			2013			2012
	Historical volatility		58	%		61	%		61	%
	Expected term (years)		6			5.6			6
	Risk-free interest rate		1.95	%		0.88	%		1.1	%
	Expected dividend yield		0.77	%		0.97	%		0.86	%

INCOME_PER_COMMON_SHARE

INCOME PER COMMON SHARE	12 Months Ended
	Dec. 31, 2014
INCOME PER COMMON SHARE	NOTE H — INCOME PER COMMON SHARE
	Basic income per common share has been computed by dividing net income by the weighted-average number of shares of the Company’s common stock outstanding. Diluted income per common share adjusts net income and basic income per common share for the effect of all potentially dilutive shares of the Company’s common stock. The calculations of basic and diluted income per common share for the years ended December 31, 2014, 2013, and 2012 are as follows:
		2014		2013		2012
		(in thousands - except per share amounts)
	Net income – Basic and Diluted	$	1,544	$	9,281	$	20,947
	Weighted-average shares outstanding – Basic		13,519		12,757		12,511
	Effect of dilutive securities:
	Stock options		455		286		299
	Weighted-average shares outstanding – Diluted		13,974		13,043		12,810
	Basic income per common share	$	0.11	$	0.73	$	1.67
	Diluted income per common share	$	0.11	$	0.71	$	1.64
	The computations of diluted income per common share for the years ended December 31, 2014, 2013 and 2012 and excludes options to purchase 2,004,836, 1,417,145 and 1,450,200 shares of the Company’s common stock, respectively. The above shares were excluded due to their antidilutive effect.

INCOME_TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2014
INCOME TAXES	NOTE I — INCOME TAXES
	The components of income before income taxes, equity in earnings and extraordinary item are as follows:
		Year Ended December 31,
		2014			2013			2012
		(in thousands)
	Domestic	$	10,251		$	26,470		$	20,609
	Foreign		3,611			(3,233	)		(535	)
	Total income before income taxes and equity in earnings	$	13,862		$	23,237		$	20,074
	The provision for income taxes (before equity in earnings) consists of:
		Year Ended December 31,
		2014			2013			2012
		(in thousands)
	Current:
	Federal	$	4,709		$	8,996		$	6,691
	State and local		1,284			1,707			761
	Foreign		1,691			747			503
	Deferred		(1,859	)		(2,275	)		(2,747	)
	Income tax provision	$	5,825		$	9,175		$	5,208
	Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Significant components of the Company’s deferred income tax assets are as follows:
		December 31,
		2014			2013
		(in thousands)
	Deferred income tax assets:
	Deferred rent expense	$	3,686		$	3,694
	Stock options		3,348			3,237
	Inventory		1,312			1,317
	Operating loss carry-forward		2,073			2,140
	Accounts receivable allowances		406			192
	Accrued compensation		897			758
	Other		2,911			1,831
	Total deferred income tax assets	$	14,633		$	13,169
	Significant components of the Company’s net deferred income tax (liability) asset are as follows:
		December 31,
		2014			2013
		(in thousands)
	Deferred income tax liabilities:
	Depreciation and amortization	$	(3,461	)	$	(3,826	)
	Intangibles		(12,549	)		(5,162	)
	Equity in earnings		(504	)		(805	)
	Total deferred income tax liabilities		(16,514	)		(9,793	)
	Net deferred income tax (liability) asset		(1,881	)		3,376
	Valuation allowance		(1,897	)		(1,213	)
	Net deferred income tax (liability) asset	$	(3,778	)	$	2,163
	The Company has generated various state net operating loss carryforwards of which, $14.0 million remains at December 31, 2014 that begin to expire in 2015. The Company has net operating losses in foreign jurisdictions of $6.9 million at December 31, 2014 that begin to expire in 2020. The increase in the deferred tax liabilities is primarily due to the 2014 acquisition of Kitchen Craft, which included approximately $8.8 million of deferred tax liabilities related to the intangible assets acquired. The valuation allowance which remains as of December 31, 2014 relates to certain state net operating losses.
	The provision for income taxes (before equity in earnings) differs from the amounts computed by applying the applicable federal statutory rates as follows:
		Year Ended December 31,
		2014			2013			2012
	Provision for federal income taxes at the statutory rate		35	%		35	%		35	%
	Increases (decreases):
	State and local income taxes, net of Federal income tax benefit		4.9			5.5			3.2
	Foreign rate differences		(2.7	)		(1.1	)		(1.8	)
	Non-deductible expenses		6.4			2.8			1.2
	Reduction of deferred tax liabilities related to the prior year		—			—			(11.6	)
	Other		(1.6	)		(2.7	)		(0.1	)
	Provision for income taxes		42	%		39.5	%		25.9	%
	The estimated values of the Company’s gross uncertain tax positions at December 31, 2014, 2013 and 2012 are liabilities of $572,000, $351,000 and $301,000, respectively, and consist of the following:
		Year Ended December 31,
		2014			2013			2012
		(in thousands)
	Balance at January 1	$	(351	)	$	(301	)	$	(134	)
	Additions based on tax positions related to the current year		—			(31	)		—
	Additions for tax positions of prior years		(221	)		(164	)		(167	)
	Settlements		—			145			—
	Balance at December 31	$	(572	)	$	(351	)	$	(301	)
The Company had approximately $40,000 and $71,000, net of federal and state tax benefit, accrued at December 31, 2014 and 2013, respectively, for the payment of interest. The Company’s policy for recording interest and penalties is to record such items as a component of income taxes.
If the Company’s tax positions are ultimately sustained, the Company’s liability, including interest, would be reduced by $530,000, all of which would impact the Company’s tax provision. On a quarterly basis, the Company evaluates its tax positions and revises its estimates accordingly. The Company believes that it is reasonably possible that $420,000 of its tax positions will be resolved within the next twelve months.
The Company is no longer subject to U.S. Federal income tax examinations for the years prior to 2011. The Company has identified the following jurisdictions as “major” tax jurisdictions: U.S. Federal, California, Massachusetts, Illinois, New York, New Jersey and the United Kingdom. At December 31, 2014, the periods subject to examination for the Company’s major state jurisdictions are the years ended 2010 through 2013.

BUSINESS_SEGMENTS

BUSINESS SEGMENTS	12 Months Ended
	Dec. 31, 2014
BUSINESS SEGMENTS	NOTE J — BUSINESS SEGMENTS
	Segment information
	During the second quarter of 2014, the Company realigned its reportable segments into three categories, U.S. Wholesale, International and Retail Direct. The U.S. Wholesale segment, formerly the Wholesale segment, includes the Company’s primary domestic business that designs, markets and distributes its products to retailers and distributors. The International Segment consists of certain business operations conducted outside the U.S. which was previously included in the Wholesale segment. The Retail Direct segment is that in which the Company markets and sells a limited selection of its products to consumers through its Pfaltzgraff®, Mikasa®, Built NY®, Fred® & Friends and Lifetime Sterling® websites.
	The Company has segmented its operations to reflect the manner in which management reviews and evaluates the results of its operations. While the three segments distribute similar products, the segments have been distinct due to the different methods the Company uses to sell, market and distribute the products. Management evaluates the performance of the U.S. Wholesale, International and Retail Direct segments based on net sales and income (loss) from operations. Such measures give recognition to specifically identifiable operating costs such as cost of sales, distribution expenses and selling, general and administrative expenses. Certain general and administrative expenses, such as senior executive salaries and benefits, stock compensation, director fees and accounting, legal and consulting fees, are not allocated to the specific segments and are reflected as unallocated corporate expenses.
	As a result of the Company’s realignment of its reportable segments, previous periods presented have been recast to conform with the current period presentation
			Year Ended December 31,
			2014			2013			2012
			(in thousands)
	Net sales:
	U.S. Wholesale		$	441,293		$	444,187		$	422,241
	International			125,230			38,907			42,621
	Retail Direct			19,487			20,680			21,980
	Non-operating adjustment(1)			—			(1,053	)		—
	Total net sales		$	586,010		$	502,721		$	486,842
	Income from operations:
	U.S. Wholesale(2)		$	34,874		$	46,303		$	40,227
	International			3,759			(2,151	)		303
	Retail Direct			(1,034	)		(62	)		463
	Non-operating adjustment(1)			—			(1,053	)		—
	Unallocated corporate expenses			(16,215	)		(14,851	)		(13,658	)
	Total income from operations		$	21,384		$	28,186		$	27,335
	Depreciation and amortization:
	U.S. Wholesale		$	8,618		$	8,549		$	7,637
	International			5,379			1,601			1,437
	Retail Direct			203			265			250
	Total depreciation and amortization		$	14,200		$	10,415		$	9,324
	Note:
	-1	In 2013, the Company recorded a non-operating adjustment to reduce accounts receivable for previously issued credits within the Retail Direct business which related to 2010 and earlier periods.
	-2	In 2014, income from operations for the U.S. Wholesale segment includes $3.4 million of intangible asset impairment and $4.2 million related to the reduction in certain contingent consideration accruals. In 2012, income from operations for the U.S. Wholesale segment includes $1.1 million of intangible asset impairment.
			Year Ended December 31,
			2014			2013			2012
			(in thousands)
	Assets:
	U.S. Wholesale		$	287,744		$	291,757		$	305,054
	International			128,055			35,365			37,818
	Retail Direct			535			730			512
	Unallocated/ corporate/ other			5,068			8,887			5,413
	Total assets		$	421,402		$	336,739		$	348,797
	Capital expenditures:
	U.S. Wholesale		$	5,431		$	3,375		$	3,637
	International			650			272			1,260
	Retail Direct			90			195			58
	Total capital expenditures		$	6,171		$	3,842		$	4,955
			Year Ended December 31,
			2014			2013			2012
			(in thousands)
	Goodwill:
	U.S. Wholesale
	Beginning balance		$	2,412		$	2,412		$	—
	Acquisition activity			—			—			2,412
	Ending balance			2,412			2,412			2,412
	International
	Beginning balance			2,673			2,673			2,673
	Acquisition activity			13,016			—			—
	Ending balance			15,689			2,673			2,673
	Total goodwill (1)		$	18,101		$	5,085		$	5,085
	Note:
	-1	No goodwill is allocated to the Company’s Retail Direct reportable segment.
	Geographical information
	The following table sets forth net sales and long-lived assets by the major geographic locations (in thousands):
			Year ended December 31,
			2014			2013			2012
	Net sales:
	United States		$	436,049		$	439,129		$	430,758
United Kingdom			93,432			29,012			30,709
Rest of World			56,529			34,580			25,375
Total		$	586,010		$	502,721		$	486,842
					December 31,
					2014			2013
Long-lived assets, excluding intangible assets, at period-end:
United States					$	54,594		$	65,043
United Kingdom						3,927			1,321
Rest of World						1,167			550
Total					$	59,688		$	66,914
Product category information – net sales
The following table sets forth net sales by major product categories included within the Company’s U.S. Wholesale operating segment:
		Year Ended December 31,
		2014			2013			2012
		(in thousands)
Category:
Kitchenware		$	269,265		$	281,211		$	256,154
Tableware (1)			117,546			110,108			113,911
Home Solutions			54,482			52,868			52,176
Total		$	441,293		$	444,187		$	422,241
-1	The tableware product category previously included revenue from Creative Tops, which is included as part of the International segment. Revenue sources disclosed in 2013 have been reclassified to conform to the current year presentation for comparative purposes.
The following table sets forth net sales by major product categories included within the Company’s International operating segment:
		Year Ended December 31,
		2014			2013			2012
		(in thousands)
Category:
Kitchenware		$	67,604		$	—		$	—
Tableware			57,626			38,907			42,621
Total		$	125,230		$	38,907		$	42,621

COMMITMENTS_AND_CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Dec. 31, 2014
COMMITMENTS AND CONTINGENCIES	NOTE K — COMMITMENTS AND CONTINGENCIES
	Operating leases
	The Company has lease agreements for its corporate headquarters, distribution centers, showrooms and sales offices that expire through 2029. These leases generally provide for, among other things, annual base rent escalations and additional rent for real estate taxes and other costs.
	Future minimum payments under non-cancelable operating leases are as follows (in thousands):
	Year Ending December 31,
	2015	$	15,976
	2016		15,417
	2017		12,072
	2018		8,394
	2019		6,807
	Thereafter		50,584
	Total	$	109,250
	Rent and related expenses under operating leases were $15.8 million, $14.3 million and $14.8 million for the years ended December 31, 2014, 2013 and 2012, respectively. There was no sublease rental income in 2014, 2013 or 2012.
	Royalties
	The Company has license agreements that require the payment of royalties on sales of licensed products which expire through 2023. Future minimum royalties payable under these agreements are as follows (in thousands):
	Year ending December 31,
	2015	$	8,632
	2016		2,574
	2017		2,085
	2018		1,952
	2019		1,870
	Thereafter		596
	Total	$	17,709
	Legal proceedings
	Wallace Silversmiths de Puerto Rico, Ltd. (“Wallace de Puerto Rico”), a wholly-owned subsidiary of the Company, operates a manufacturing facility in San Germán, Puerto Rico that is leased from the Puerto Rico Industrial Development Company (“PRIDCO”). In March 2008, the United States Environmental Protection Agency (the “EPA”) announced that the San Germán Ground Water Contamination site in Puerto Rico (the “Site”) had been added to the Superfund National Priorities List due to contamination present in the local drinking water supply.
	In May 2008, Wallace de Puerto Rico received from the EPA a Notice of Potential Liability and Request for Information Pursuant to 42 U.S.C. Sections 9607(a) and 9604(e) of the Comprehensive Environmental Response, Compensation, Liability Act. The Company responded to the EPA’s Request for Information on behalf of Wallace de Puerto Rico. In July 2011, Wallace de Puerto Rico received a letter from the EPA requesting access to the property that it leases from PRIDCO, and the Company granted such access. In February 2013, the EPA requested access to conduct further environmental investigation at the property. The Company granted such access and further EPA investigation is pending.
	The Company is not aware of any determination by the EPA that any remedial action is required for the Site, and, accordingly, is not able to estimate the extent of any possible liability.
	The Company is, from time to time, involved in other legal proceedings. The Company believes that other current litigation is routine in nature and incidental to the conduct of the Company’s business and that none of this litigation, individually or collectively, would have a material adverse effect on the Company’s consolidated financial position, results of operations or cash flows.

RETIREMENT_PLANS

RETIREMENT PLANS	12 Months Ended
	Dec. 31, 2014
RETIREMENT PLANS	NOTE L — RETIREMENT PLANS
	401(k) plan
	The Company maintains a defined contribution retirement plan for eligible employees under Section 401(k) of the Internal Revenue Code. Participants can make voluntary contributions up to the Internal Revenue Service limit of $17,500 ($23,000 for employees 50 years or over) for 2014. Effective January 1, 2009, the Company suspended its matching contribution as an expense savings measure. The Company’s U.K.-based subsidiaries also maintain defined contribution pension plans.
	Retirement benefit obligations
	The Company assumed retirement benefit obligations, which are paid to certain former executives of an acquired business in 2006. These obligations under these agreements are unfunded and amounted to $6.9 million at December 31, 2014 and $5.4 million at December 31, 2013.
	The discount rate used to calculate the retirement benefit obligations was 3.65% at December 31, 2014 and 4.50% at December 31, 2013. The retirement benefit obligations are included in accrued expenses and deferred rent and other long-term liabilities.
	The Company expects to recognize $132,000 of actuarial losses included in accumulated other comprehensive loss in net periodic benefit cost in 2015.
	Expected benefit payments for each of the next five fiscal years and in aggregate for the five fiscal years thereafter are as follows (in thousands):
	Year ending December 31,
	2015	$	144
	2016		137
	2017		264
	2018		388
	2019		377
	2020 through 2024		1,909
	Kitchen Craft pension plan
	Kitchen Craft is the sponsor of a defined benefit pension plan (the “Plan”) for which service costs accrual ceased prior to the acquisition in January 2014. In October 2014, the Plan trustees secured, in full, all benefits payable or contingently payable under the Plan (subject to adjustment as determined by the UK pension authority in connection with its approval of the Plan’s termination) through the purchase of a group annuity contract from a major UK-based insurance company. The share purchase agreement, pursuant to which the Company acquired Kitchen Craft, provides that any additional contributions required in connection with the settlement and termination of the Plan shall be offset by future amounts owed to the sellers or, if those amounts are insufficient, reimbursed to the Company by the sellers. Accordingly, there was no impact, nor is there any expected future impact, to the Company’s statement of operations in connection with the settlement and planned termination of the Plan, which is expected to occur in 2015.
	The following table summarizes the changes in the projected benefit obligations and plan assets for the year ended December 31, 2014:
		December 31,
		2014
		(in thousands)
	Change in projected benefit obligations
	Projected benefit obligations, acquisition	$	11,678
	Interest cost		364
	Actuarial losses		2,887
	Benefits paid		(216	)
	Currency adjustment		(917	)
	Projected benefit obligations, end of year	$	13,796
	Change in plan assets
	Fair value of plan assets, acquisition	$	11,678
	Actual return on plan assets		2,618
	Employer contributions		2,471
	Benefits paid		(216	)
	Currency adjustment		(1,018	)
	Fair value of plan assets, end of year	$	15,533
	Net Plan funding, end of year	$	1,738
	The following table summarizes the components of net period pension costs:
		Year Ended
		December 31,
		2014
		(in thousands)
	Components of net periodic pension cost
	Expected return on plan assets	$	(390	)
	Interest cost on projected benefit obligations		364
	Net periodic pension cost	$	(26	)
	The accumulated benefit obligations at December 31, 2014 are $13.8 million. The amount in accumulated Other comprehensive income at December 31, 2014 is $623,000.
	The following are assumptions used to determine the actuarial present value of the projected benefit obligations and net periodic pension benefit cost as of and for the year ended December 31, 2014:
		December 31,
		2014
	Discount rate		2.19	%
	Expected long-term rate of return on plan assets		2.43	%
	Expected Benefit Payments – Expected benefit payments for each of the next five fiscal years and in the aggregate for the five fiscal years thereafter are as follows (in thousands):
	Year ending December 31,
	2015	$	232
	2016		252
	2017		258
	2018		274
	2019		288
	2020 through 2024		1,706
	Plan Assets- As described above, the Plan trustees invested the Plan assets in a deferred annuity contract in October 2014. As of December 31, 2014, the fair value of this insurance contract was $15.5 million. The fair value of the insurance contract was obtained using Level 3 unobservable inputs. Assets of the Plan also include less than $0.1 million of cash and cash equivalents with a Level 1 observable fair value. The net Plan assets are included within Other Assets on the Company’s Consolidated Balance Sheet.

OTHER

OTHER	12 Months Ended
	Dec. 31, 2014
OTHER	NOTE M — OTHER
	Inventory
	The components of inventory are as follows:
			December 31,
			2014			2013
			(in thousands)
	Finished goods		$	134,564		$	108,340
	Work in process			1,887			1,966
	Raw materials			1,473			2,485
	Total		$	137,924		$	112,791
	Property and equipment
	Property and equipment consist of:
			December 31,
			2014			2013
			(in thousands)
	Machinery, furniture and equipment		$	85,556		$	79,132
	Leasehold improvements			28,056			26,959
	Building and improvements			1,604			1,604
	Construction in progress			1,108			104
	Land			100			100
				116,424			107,899
	Less: accumulated depreciation and amortization			(89,623	)		(80,201	)
	Total		$	26,801		$	27,698
	Depreciation and amortization expense of property and equipment for the years ended December 31, 2014, 2013 and 2012 was $7.7 million, $7.7 million, and $7.8 million, respectively.
	Included in machinery, furniture and equipment at each of December 31, 2014 and 2013 is $2.1 million related to assets recorded under capital leases. Included in accumulated depreciation and amortization at each of December 31, 2014 and 2013 is $2.0 million and $1.9 million related to assets recorded under capital leases.
	Accrued expenses
	Accrued expenses consist of:
			December 31,
			2014			2013
			(in thousands)
	Customer allowances and rebates		$	12,314		$	11,756
	Compensation and benefits			9,412			11,781
	Interest			224			98
	Vendor invoices			3,071			5,135
	Royalties			2,266			2,567
	Commissions			1,222			1,245
	Freight			1,519			1,419
	Professional fees			1,527			1,170
	VAT			1,400			533
	Contingent consideration related to acquisitions			—			1,647
	Working capital excess related to F&F acquisition			—			254
	Other			4,006			3,490
	Total		$	36,961		$	41,095
	Deferred rent & other long-term liabilities
	Deferred rent & other long-term liabilities consist of:
			December 31,
			2014			2013
			(in thousands)
	Deferred rent liability		$	9,530		$	9,737
	Retirement benefit obligations			6,776			5,212
	Contingent consideration related to acquisitions			3,286			3,647
	Compensation guarantees			542			—
	Derivative liability			26			48
	Total		$	20,160		$	18,644
	Supplemental cash flow information
			Year Ended December 31,
			2014			2013			2012
			(in thousands)
	Supplemental disclosure of cash flow information:
	Cash paid for interest		$	5,035		$	4,115		$	5,498
	Cash paid for taxes			4,912			10,862			6,067
	Non-cash investing activities:
	Translation adjustment		$	(4,736	)	$	(140	)	$	3,077
	Components of accumulated other comprehensive loss, net
		Year Ended December 31,
		2014			2013			2012
		(in thousands)
Accumulated translation adjustment:
Balance at beginning of year		$	(2,944	)	$	(2,804	)	$	(5,881	)
Translation adjustment during period			(4,736	)		(140	)		3,077
Balance at end of year		$	(7,680	)	$	(2,944	)	$	(2,804	)
Accumulated effect of retirement benefit obligations:
Balance at beginning of year		$	(745	)	$	(1,160	)	$	—
Net gain (loss) arising from retirement benefit obligations, net of tax			(1,507	)		361			(1,187	)
Amounts reclassified from accumulated other comprehensive loss:
Amortization of loss, net of tax(1)			28			54			27
Balance at end of year		$	(2,224	)	$	(745	)	$	(1,160	)
Accumulated deferred gains (losses) on cash flow hedges:
Balance at beginning of year		$	(31	)	$	(272	)	$	—
Derivative fair value adjustment, net of tax			13			241			(272	)
Balance at end of year (2)		$	(18	)	$	(31	)	$	(272	)
Notes:
-1	Amount is recorded in selling, general and administrative expenses on the consolidated statements of operations.
(2)	No amounts were reclassified out of accummulared other comprehensive loss. Amounts reclassifed would be recorded in interest expense on the consolidated statements of operations.

SUBSEQUENT_EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2014
SUBSEQUENT EVENTS	NOTE N — SUBSEQUENT EVENTS
	Credit Agreement Amendment
	In February 2015, the Company entered into an amendment to its Credit Agreement (“Amendment No. 2”). Amendment No. 2, among other things, modified the Company’s maximum permitted Senior Leverage Ratio to provide for a more gradual reduction, beginning March 31, 2015, than was previously the case. The Company is now required to maintain a Senior Leverage Ratio not to exceed 4.25 to 1.00 for the fiscal quarter ended December 31, 2014; 4.00 to 1.00 for each fiscal quarter ending during 2015; and 3.25 to 1.00 for each fiscal quarter ending thereafter.
	Amendment No. 2 also amended the definition of EBITDA to exclude non-recurring one-time cash charges incurred during 2014 in connection with a permitted acquisition and the refinancing of certain indebtedness if not completed, as well clarifying language as to the exclusion from EBITDA of potential contingent consideration payments related to certain completed acquisitions.
	Reed and Barton
	In February 2015, the Company entered into an asset purchase agreement to acquire the operating asset and to assume certain liabilities of Reed and Barton Corporation, a designer and marketer of fine tableware and giftware products. The agreement provides that Lifetime will purchase the assets pursuant to Section 363 of the United States Bankruptcy Code. The transaction is subject to a number of conditions, including completion of an auction process and bankruptcy court approval.

Valuation_and_Qualifying_Accou

Valuation and Qualifying Accounts	12 Months Ended
	Dec. 31, 2014
Valuation and Qualifying Accounts	LIFETIME BRANDS, INC.
	SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS
	(in thousands)
	COL. A		COL. B		COL. C					COL. D			COL. E
					Additions
	Description		Balance at		Due to		Charged to			Deductions			Balance at
			beginning of		acquisitions		costs and						end of
			period				expenses						period
	Year ended December 31, 2014
	Deducted from asset accounts:
	Allowance for doubtful accounts		$	473	$	119	$	401		$	(178	)(a)	$	815
	Reserve for sales returns and allowances			4,736		350		10,996	(c)		(10,234	)(b)		5,848
			$	5,209	$	469	$	11,397		$	(10,412	)	$	6,663
	Year ended December 31, 2013
	Deducted from asset accounts:
	Allowance for doubtful accounts		$	361	$	—	$	260		$	(148	)(a)	$	473
	Reserve for sales returns and allowances			3,635		—		6,004	(c)		(4,903	)(b)		4,736
			$	3,996	$	—	$	6,264		$	(5,051	)	$	5,209
	Year ended December 31, 2012
	Deducted from asset accounts:
	Allowance for doubtful accounts		$	328	$	67	$	181		$	(215	)(a)	$	361
	Reserve for sales returns and allowances			4,274		179		6,660	(c)		(7,478	)(b)		3,635
			$	4,602	$	246	$	6,841		$	(7,693	)	$	3,996
	(a)	Uncollectible accounts written off, net of recoveries.
	(b)	Allowances granted.
	(c)	Charged to net sales.

SIGNIFICANT_ACCOUNTING_POLICIE1

SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2014
Basis of Presentation	Basis of Presentation
	The accompanying consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) for financial information and with the instructions to Form 10-K.
	The accompanying consolidated financial statements include estimates and assumptions relating to the reporting of assets and liabilities and the disclosure of contingent assets and liabilities to prepare these financial statements in conformity with U.S. GAAP. The most significant of these estimates and assumptions relate to revenue recognition, allowances for doubtful accounts, reserves for sales returns and allowances and customer chargebacks, inventory mark-down provisions, impairment of tangible and intangible assets, stock option expense, estimates for unpaid healthcare claims, derivative valuations, accruals related to the Company’s tax positions and tax valuation allowances. Although these and other estimates and assumptions are based on the best available information, actual results could be materially different from these estimates.
Principles of consolidation	Principles of consolidation
	The accompanying consolidated financial statements include the accounts of the Company and its subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation.
Foreign Currency	Foreign Currency
	All foreign wholly-owned subsidiaries use the local currency of their respective countries as their functional currency. Assets and liabilities are translated into U.S. dollars at exchange rates prevailing at the balance sheet dates. Revenues, costs and expenses are translated into U.S. dollars at average exchange rates for the relevant period. Income and losses resulting from translation are recorded as a component of accumulated other comprehensive income (loss). Gains and losses from foreign currency transactions are recognized in selling, general and administrative expenses in the consolidated statements of operations. Foreign currency gain/loss included within selling, general and administrative expenses was a $1.4 million loss in 2014, a $258,000 loss in 2013 and a $415,000 loss in 2012.
Revenue recognition	Revenue recognition
	The Company sells products wholesale, to retailers and distributors, and retail, directly to consumers. Wholesale sales and retail direct sales are recognized when title passes to the customer, which is primarily at the shipping point for wholesale sales and upon delivery to the customer for retail direct sales. Shipping and handling fees that are billed to customers in sales transactions are included in net sales and amounted to $1.4 million for each of the three years ended December 31, 2014, 2013, and 2012. Net sales exclude taxes that are collected from customers and remitted to the taxing authorities.
	The Company offers various sales incentives and promotional programs to its customers from time to time in the normal course of business. These incentives and promotions typically include arrangements such as cooperative advertising, buydowns, volume rebates and discounts. These arrangements and an estimate of sales returns are reflected as reductions in net sales in the Company’s consolidated statements of operations.
Cost of sales	Cost of sales
	Cost of sales consist primarily of costs associated with the production and procurement of product, inbound freight costs, purchasing costs, royalties and other product procurement related charges.
Distribution expenses	Distribution expenses
	Distribution expenses consist primarily of warehousing expenses and freight-out expenses. Freight-out expenses were $11.4 million, $9.0 million, and $8.5 million for the years ended December 31, 2014, 2013, and 2012, respectively. Handling costs of products sold are included in cost of sales.
Advertising expenses	Advertising expenses
	Advertising expenses are expensed as incurred and are included in selling, general and administrative expenses. Advertising expenses were $1.6 million, $0.8 million, and $0.8 million for the years ended December 31, 2014, 2013, and 2012, respectively.
Accounts receivable	Accounts receivable
	The Company periodically reviews the collectability of its accounts receivable and establishes allowances for estimated losses that could result from the inability of its customers to make required payments. A considerable amount of judgment is required to assess the ultimate realization of these receivables including assessing the initial and on-going creditworthiness of the Company’s customers. The Company also maintains an allowance for anticipated customer deductions. The allowances for deductions are primarily based on contracts with customers.
	However, in certain cases the Company does not have a formal contract and, therefore, customer deductions are non-contractual. To evaluate the reasonableness of non-contractual customer deductions, the Company analyzes currently available information and historical trends of deductions.
Inventory	Inventory
	Inventory consists principally of finished goods sourced from third-party suppliers. Inventory also includes finished goods, work in process and raw materials related to the Company’s manufacture of sterling silver products. Inventory is priced using the lower of cost (first-in, first-out basis) or market method. The Company estimates the selling price of its inventory on a product by product basis based on the current selling environment. If the estimated selling price is lower than the inventory’s cost, the Company reduces the value of the inventory to its net realizable value.
Property and equipment	Property and equipment
	Property and equipment is stated at cost. Property and equipment, other than leasehold improvements, is depreciated using the straight-line method over the estimated useful lives of the assets. Building and improvements are being depreciated over 30 years and machinery, furniture and equipment over periods ranging from 3 to 10 years. Leasehold improvements are amortized over the term of the lease or the estimated useful lives of the improvements, whichever is shorter. Advances paid towards the acquisition of property and equipment and the cost of property and equipment not ready for use before the end of the period are classified as construction in progress.
Cash equivalents	Cash equivalents
	The Company considers all highly liquid instruments with a maturity of three months or less when purchased to be cash equivalents.
Concentration of credit risk	Concentration of credit risk
	The Company’s cash and cash equivalents are potentially subject to concentration of credit risk. The Company maintains cash with several financial institutions that, in some cases, is in excess of Federal Deposit Insurance Corporation insurance limits.
	Concentrations of credit risk with respect to trade accounts receivable are limited due to the large number of entities comprising the Company’s customer base.
	During the years ended December 31, 2014, 2013, and 2012, Wal-Mart Stores, Inc. (including Sam’s Club and Asda Superstore, in the United Kingdom) accounted for 16%, 15%, and 16% of net sales, respectively. Sales to Wal-Mart Stores, Inc. are included in the Company’s U.S. Wholesale and International segments. No other customer accounted for 10% or more of the Company’s sales during these periods.
Fair value measurements	Fair value measurements
	Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic No. 820, Fair Value Measurements and Disclosures, provides enhanced guidance for using fair value to measure assets and liabilities and establishes a common definition of fair value, provides a framework for measuring fair value under U.S. generally accepted accounting principles and expands disclosure requirements about fair value measurements. Fair value measurements included in the Company’s consolidated financial statements relate to the Company’s annual goodwill and other intangible asset impairment tests and derivatives, described in Notes D and F, respectively.
Fair Value of Financial Instruments	Fair value of financial instruments
	The Company determined the carrying amounts of cash and cash equivalents, accounts receivable and accounts payable are reasonable estimates of their fair values because of their short-term nature. The Company determined that the carrying amounts of borrowings outstanding under its Revolving Credit Facility and Term Loan approximate fair value since such borrowings bear interest at variable market rates.
Derivatives	Derivatives
	The Company accounts for derivative instruments in accordance with ASC Topic No. 815, Derivatives and Hedging. ASC Topic No. 815 requires that all derivative instruments be recognized on the balance sheet at fair value as either an asset or liability. Changes in the fair value of derivatives that qualify as hedges and have been designated as part of a hedging relationship for accounting purposes have no net impact on earnings to the extent the derivative is considered highly effective in achieving offsetting changes in fair value or cash flows attributable to the risk being hedged, until the hedge item is recognized in earnings. If the derivative which is designated as part of a hedging relationship is considered ineffective in achieving offsetting changes in fair value or cash flows attributable to the risk being hedged, the changes in fair value are recorded in operations. For derivatives that do not qualify or are not designated as hedging instruments for accounting purposes, changes in fair value are recorded in operations.
Goodwill, Intangible Assets and Long-lived Assets	Goodwill, intangible assets and long-lived assets
	Goodwill and intangible assets deemed to have indefinite lives are not amortized but, instead, are subject to an annual impairment assessment. Additionally, if events or conditions were to indicate the carrying value of a reporting unit may not be recoverable, the Company would evaluate goodwill and other intangible assets for impairment at that time. As it relates to the goodwill assessment, the Company first assesses qualitative factors to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount as a basis for determining whether it is necessary to perform the two-step goodwill impairment testing described in ASU Topic No. 350, Intangibles – Goodwill and Other. If, after assessing qualitative factors, the Company determines that it is more likely than not that the fair value of a reporting unit is less than its carrying amount, then performing the two-step impairment test is unnecessary and the Company’s goodwill is considered to be unimpaired. However, if based on the Company’s qualitative assessment it concludes that it is more likely than not that the fair value of the reporting unit is less than its carrying amount, or if the Company elects to bypass the qualitative assessment, the Company will proceed with performing the two-step process. The first step in the two-step process compares the carrying value of each reporting unit that has goodwill with the estimated fair value of the respective reporting unit. Should the carrying value of a reporting unit be in excess of the estimated fair value of that reporting unit, the second step must be performed. The second step represents a hypothetical purchase price allocation as if the Company had acquired the reporting unit on that date. The Company also evaluates qualitative factors to determine whether or not its indefinite lived intangibles have been impaired and then performs quantitative tests if required. These tests can include the royalty savings model or other valuation models.
	Long-lived assets, including intangible assets deemed to have finite lives, are reviewed for impairment whenever events or changes in circumstances indicate that such amounts may have been impaired. Impairment indicators include, among other conditions, cash flow deficits, historic or anticipated declines in revenue or operating profit or material adverse changes in the business climate that indicate that the carrying amount of an asset may be impaired. When impairment indicators are present, the Company compares the carrying value of the asset to the estimated discounted future cash flows expected to be generated by the asset. If the asset is considered to be impaired, the impairment to be recognized is measured by the amount by which the carrying amount of the asset exceeds the fair value of the asset.
Income Taxes	Income taxes
	The Company accounts for income taxes using the asset and liability method. Under this method, deferred tax assets and liabilities are determined based on differences between financial reporting and tax bases of assets and liabilities and are measured using the enacted tax rates and laws that are expected to be in effect when the differences are expected to reverse. The Company accounts for foreign income taxes based upon anticipated reinvestment of profits into respective foreign tax jurisdictions.
	The Company applies the authoritative guidance for the financial statement recognition, measurement and disclosure of uncertain tax positions recognized in the Company’s financial statements. In accordance with this guidance, tax positions must meet a more-likely-than-not recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position. A valuation allowance is required to be established or maintained when it is “more likely than not” that all or a portion of deferred tax assets will not be realized.
Stock options	Stock options
	The Company measures compensation expense for all share-based compensation granted to employees and non-employee directors at fair value on the date of grant and recognizes compensation expense over the related service period for awards expected to vest. The Company uses the Black-Scholes option valuation model to estimate the fair value of its stock options. The Black-Scholes option valuation model requires the input of highly subjective assumptions including the expected stock price volatility of the Company’s common stock and the risk free interest rate.
Employee Healthcare	Employee Healthcare
	The Company self-insures certain portions of its health insurance plan. The Company maintains an accrual for estimated unpaid claims and claims incurred but not yet reported (“IBNR”). Although management believes that it uses the best information available to estimate IBNR claims, actual claims may vary significantly from estimated claims.
Restructuring Expenses	Restructuring Expenses
	Costs associated with restructuring activities are recorded at fair value when a liability has been incurred. A liability has been incurred at the point of closure for any remaining operating lease obligations and at the communication date for severance.
	In May 2014, the Company commenced a plan to consolidate its customer service and call center functions and eliminated certain employee positions in connection with this consolidation. The Company recorded $125,000 of restructuring expenses during the year ended December 31, 2014 related to the execution of this plan.
	In April 2013, the Company commenced a plan to close the Fred® & Friends distribution center and eliminate certain employee positions in conjunction with the closure. The Company recorded $367,000 of restructuring expenses during the year ended December 31, 2013 related to the execution of this plan. The Company does not anticipate that it will incur any further restructuring expenses related to this closure.
New Accounting Pronouncements	New Accounting Pronouncements
	In July 2012, the FASB issued ASU No. 2012-02, Intangibles—Goodwill and Other (Topic 350): Testing Indefinite-Lived Intangible Assets for Impairment, which permits an entity to first assess qualitative factors to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount as a basis for determining whether it is necessary to perform the quantitative impairment test described in ASC Topic No. 350, Intangibles – Goodwill and Other. The amendments in this update are effective for annual and interim impairment tests performed for fiscal years beginning after September 15, 2012. The Company’s adoption of this guidance did not have a material impact on the Company’s consolidated financial position, results of operations or cash flows.
	Effective January 2013, the Company adopted ASU No. 2013-02, Comprehensive Income (Topic 220): Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income, which requires an entity to provide information about the amounts reclassified out of accumulated other comprehensive income by component. In addition, an entity is required to present, either on the face of the statement where net income is presented or in the notes, significant amounts reclassified out of accumulated other comprehensive income by the respective line items of net income but only if the amount reclassified is required under GAAP to be reclassified to net income in its entirety in the same reporting period. For other amounts that are not required under GAAP to be reclassified in their entirety to net income (e.g., net periodic pension benefit cost), an entity is required to cross-reference to other disclosures required under GAAP that provide additional detail about those amounts. In connection with the adoption of this standard, the Company added additional disclosure about the Company’s accumulated other comprehensive income to Note M of its financial statements.
	In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-09, Revenue from Contracts with Customers, to clarify the principles of recognizing revenue and create common revenue recognition guidance under U.S. GAAP and International Financial Reporting Standards. This ASU is effective for fiscal years and interim periods within those years beginning after December 15, 2016 and can be adopted either retrospectively to each reporting period presented or as a cumulative effect adjustment as of the date of the adoption, with early application not permitted. The Company is currently determining its implementation approach and assessing the impact, if any, on the consolidated financial statements.

ACQUISITIONS_Tables

ACQUISITIONS (Tables)	12 Months Ended
	Dec. 31, 2014
Unaudited Pro Forma Include the Historical Statement of Operation	The following table presents the Company’s pro forma consolidated net sales and income before income taxes and equity in earnings for the year ended December 31, 2014 and 2013. The unaudited pro forma results include the historical statements of operations information of the Company and of Kitchen Craft, giving effect to the Kitchen Craft acquisition and related financing as if they had occurred at the beginning of the period presented. As described below under “Other Acquisitions,” the Company consummated certain other acquisitions during the year ended December 31, 2014; however the Company has not included the results prior to their acquisition in these pro forma results as the impact would not have been material.
			Unaudited pro forma results
			Year ended
			December 31, 2014			December 31, 2013
			(In thousands, except per share data)
	Net sales		$	586,010		$	567,218
	Income before income taxes and equity in earnings			15,760			26,491
	Net income			2,702			12,031
	Basic earnings per common share			0.2			0.9
	Diluted earnings per common share		$	0.19		$	0.88
Thomas Plant
Purchase Price	The purchase price has been determined to be as follows (in thousands):
	Cash		$	61,302
	Share consideration issued(1)			8,382
	Value of contingent consideration(2)			2,488
	Working capital adjustment(3)			374
	Total purchase price		$	72,546
	-1	Share consideration issued is valued at the closing market price discounted to account for lack of marketability related to the lock up period as described in the share purchase agreement.
	-2	The value of contingent consideration represents the present value of the estimated payments related to the attainment of certain financial targets for the years 2014 through 2016. The maximum undiscounted contingent consideration to be paid on the agreement is £5.5 million ($9.0 million).
	-3	A working capital adjustment was made in May 2014 as provided for in the share purchase agreement.
	The purchase price was allocated based on the Company’s estimate of the fair value of the assets acquired and liabilities assumed, as follows (in thousands):
			Purchase Price
			Allocation
	Accounts Receivable (1)		$	14,267
	Inventory			17,912
	Other assets			4,054
	Other liabilities			(10,242	)
	Deferred income tax			(8,391	)
	Goodwill and other intangibles			54,946
	Total allocated value		$	72,546
	-1	The fair value of accounts receivable approximated the gross contractual amounts receivable.
Fred & Friends
Purchase Price	The purchase price was comprised of the following (in thousands):
	Cash paid		$	14,500
	Common stock issued			1,507
	Value of contingent consideration			5,370
	Total purchase price		$	21,377
	The purchase price has been allocated based on management’s estimate of the fair value of the assets acquired and liabilities assumed, as follows (in thousands):
			Purchase
			Price
			Allocation
	Accounts receivable(1)		$	5,003
	Inventory			3,941
	Other assets			360
	Other liabilities			(1,519	)
	Goodwill and other intangibles			13,592
	Total allocated value		$	21,377
	Note:
	-1	The fair value of accounts receivable approximated the gross contractual amounts receivable.

EQUITY_INVESTMENTS_Tables

EQUITY INVESTMENTS (Tables)	12 Months Ended
	Dec. 31, 2014
Summarized Income Statement Information for Vasconia in USD and MXN	Summarized income statement information for the years ended December 31, 2014, 2013, and 2012, as well as summarized balance sheet information as of December 31, 2014 and 2013, for Vasconia in USD and MXN is as follows:
		Year Ended December 31,
		2014				2013				2012
		(in thousands)
		USD		MXN		USD		MXN		USD		MXN
	Income Statement
	Net Sales	$	188,863	$	2,514,294	$	159,574	$	2,038,200	$	168,712	$	2,224,256
	Gross Profit		35,592		474,482		28,775		367,944		38,134		497,413
	Income from operations		7,790		103,658		5,438		70,430		14,614		192,182
	Net Income		5,328		71,732		4,315		55,077		34,172		443,630
Summarized Balance Sheet Information for Vasconia in USD and MXN	December 31,
						2014				2013
						(in thousands)
						USD		MXN		USD		MXN
	Balance Sheet
	Current assets					$	110,865	$	1,634,154	$	100,227	$	1,309,210
	Non-current assets						86,888		1,280,723		75,659		988,289
	Current liabilities						37,032		545,852		26,187		342,060
	Non-current liabilities						58,753		866,022		39,033		509,868

GOODWILL_AND_INTANGIBLE_ASSETS1

GOODWILL AND INTANGIBLE ASSETS (Tables)	12 Months Ended
	Dec. 31, 2014
Components of Intangible Assets Included in Wholesale Segment	The Company’s intangible assets, all of which are included in the U.S. Wholesale and International segments, consist of the following (in thousands):
		Year Ended December 31,
		2014									2013
		Gross			Accumulated			Net			Gross		Accumulated			Net
					Amortization								Amortization
	Goodwill	$	18,101		$	—		$	18,101		$	5,085	$	—		$	5,085
	Indefinite -lived intangible assets:
	Trade names		7,616			—			7,616			18,364		—			18,364
	Finite -lived intangible assets:
	Licenses		15,847			(8,007	)		7,840			15,847		(7,551	)		8,296
	Trade names		29,768			(4,568	)		25,200			10,056		(2,677	)		7,379
	Customer relationships		50,823			(6,754	)		44,069			18,406		(2,736	)		15,670
	Other		1,202			(431	)		771			584		(229	)		355
	Total	$	123,357		$	(19,760	)	$	103,597		$	68,342	$	(13,193	)	$	55,149
Summary of Activities Relating to Intangible Assets	A summary of the activities related to the Company’s intangible assets for the year ended December 31, 2014 consists of the following (in thousands):
		Intangible			Goodwill			Total
		Assets						Intangible
								Assets and
								Goodwill
	Goodwill and Intangible Assets, December 31, 2011	$	44,264		$	2,673		$	46,937
	Acquisition of trade names		3,940			—			3,940
	Acquisition of customer relationships		7,240			—			7,240
	Goodwill from F&F acquisition		—			2,412			2,412
	Impairment of Elements® trade name		(1,069	)		—			(1,069	)
	Amortization		(1,618	)		—			(1,618	)
	Goodwill and Intangible Assets, December 31, 2012		52,757			5,085			57,842
	Amortization		(2,693	)		—			(2,693	)
	Goodwill and Intangible Assets, December 31, 2013		50,064			5,085			55,149
	Acquisition of trade names		12,348			—			12,348
	Acquisition of customer relationships		32,417			—			32,417
	Acquisition of other intangible assets		618			—			618
	Goodwill from Kitchen Craft acquisition		—			13,016			13,016
	Impairment of trade names		(3,384	)		—			(3,384	)
	Amortization		(6,567	)		—			(6,567	)
	Goodwill and Intangible Assets, December 31, 2014	$	85,496		$	18,101		$	103,597
Weighted Average Amortization Periods for Finite Lived Intangible Assets	The weighted-average amortization periods for the Company’s finite-lived intangible assets as of December 31, 2014 are as follows:
		Years
	Trade names		14
	Licenses		33
	Customer relationships		13
	Other		11
Estimated Amortization Expense	Estimated amortization expense for each of the five succeeding fiscal years is as follows (in thousands):
	Year ending December 31,
	2015	$	7,004
	2016		6,996
	2017		6,708
	2018		6,708
	2019		6,708

CAPITAL_STOCK_Tables

CAPITAL STOCK (Tables)	12 Months Ended
	Dec. 31, 2014
Cash Dividends Declared	Dividends declared in 2014 and 2013 are as follows:
	Dividend per share	Date declared		Date of record	Payment date
	$0.03	12-Mar-13		1-May-13	15-May-13
	$0.03	13-Jun-13		1-Aug-13	15-Aug-13
	$0.03	2-Aug-13		1-Nov-13	15-Nov-13
	$0.04	31-Oct-13		31-Jan-14	14-Feb-14
	$0.04	11-Mar-14		1-May-14	15-May-14
	$0.04	19-Jun-14		1-Aug-14	15-Aug-14
	$0.04	29-Jul-14		31-Oct-14	14-Nov-14
	$0.04	5-Nov-14		30-Jan-15	13-Feb-15
Summary of Stock Option Activity and Related Information	A summary of the Company’s stock option activity and related information for the three years ended December 31, 2014, is as follows:
		Options			Weighted-			Weighted-			Aggregate
					average			average			intrinsic
					exercise			remaining			value
					price			contractual
								life (years)
	Options outstanding at December 31, 2011		2,475,750		$	12.62
	Grants		305,000			11.64
	Exercises		(199,823	)		5.47
	Cancellations		(52,750	)		12.82
	Options outstanding at December 31, 2012		2,528,177			13.06
	Grants		390,800			12.26
	Exercises		(247,827	)		4.91
	Cancellations		(68,000	)		16.89
	Expirations		(231,500	)		22.46
	Options outstanding at December 31, 2013		2,371,650			12.75
	Grants		394,400			18.83
	Exercises		(365,223	)		8.63
	Cancellations		(32,200	)		12.23
	Expirations		(42,000	)		26.61
	Options outstanding at December 31, 2014		2,326,627			14.19			5.99		$	10,670,919
	Options exercisable at December 31, 2014		1,533,785		$	13.69			4.83		$	8,425,516
Fair Value Stock Options at Grant Date using Weighted Average Assumption	The fair values for these stock options were estimated at the dates of grant using the following weighted-average assumptions:
		2014			2013			2012
	Historical volatility		58	%		61	%		61	%
	Expected term (years)		6			5.6			6
	Risk-free interest rate		1.95	%		0.88	%		1.1	%
	Expected dividend yield		0.77	%		0.97	%		0.86	%

INCOME_PER_COMMON_SHARE_Tables

INCOME PER COMMON SHARE (Tables)	12 Months Ended
	Dec. 31, 2014
Calculations of Basic and Diluted Income Per Common Share	The calculations of basic and diluted income per common share for the years ended December 31, 2014, 2013, and 2012 are as follows:
		2014		2013		2012
		(in thousands - except per share amounts)
	Net income – Basic and Diluted	$	1,544	$	9,281	$	20,947
	Weighted-average shares outstanding – Basic		13,519		12,757		12,511
	Effect of dilutive securities:
	Stock options		455		286		299
	Weighted-average shares outstanding – Diluted		13,974		13,043		12,810
	Basic income per common share	$	0.11	$	0.73	$	1.67
	Diluted income per common share	$	0.11	$	0.71	$	1.64

INCOME_TAXES_Tables

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2014
Components of Income before Income Taxes	The components of income before income taxes, equity in earnings and extraordinary item are as follows:
		Year Ended December 31,
		2014			2013			2012
		(in thousands)
	Domestic	$	10,251		$	26,470		$	20,609
	Foreign		3,611			(3,233	)		(535	)
	Total income before income taxes and equity in earnings	$	13,862		$	23,237		$	20,074
Provision for Income Taxes	The provision for income taxes (before equity in earnings) consists of:
		Year Ended December 31,
		2014			2013			2012
		(in thousands)
	Current:
	Federal	$	4,709		$	8,996		$	6,691
	State and local		1,284			1,707			761
	Foreign		1,691			747			503
	Deferred		(1,859	)		(2,275	)		(2,747	)
	Income tax provision	$	5,825		$	9,175		$	5,208
Significant Components of Deferred Income Tax Assets	Significant components of the Company’s deferred income tax assets are as follows:
		December 31,
		2014			2013
		(in thousands)
	Deferred income tax assets:
	Deferred rent expense	$	3,686		$	3,694
	Stock options		3,348			3,237
	Inventory		1,312			1,317
	Operating loss carry-forward		2,073			2,140
	Accounts receivable allowances		406			192
	Accrued compensation		897			758
	Other		2,911			1,831
	Total deferred income tax assets	$	14,633		$	13,169
Significant Components of Net Deferred Income Tax (Liability) Asset	Significant components of the Company’s net deferred income tax (liability) asset are as follows:
		December 31,
		2014			2013
		(in thousands)
	Deferred income tax liabilities:
	Depreciation and amortization	$	(3,461	)	$	(3,826	)
	Intangibles		(12,549	)		(5,162	)
	Equity in earnings		(504	)		(805	)
	Total deferred income tax liabilities		(16,514	)		(9,793	)
	Net deferred income tax (liability) asset		(1,881	)		3,376
	Valuation allowance		(1,897	)		(1,213	)
	Net deferred income tax (liability) asset	$	(3,778	)	$	2,163
Difference between Provision for Income Taxes and Amount Computed by Applying Federal Statutory Rates	The provision for income taxes (before equity in earnings) differs from the amounts computed by applying the applicable federal statutory rates as follows:
		Year Ended December 31,
		2014			2013			2012
	Provision for federal income taxes at the statutory rate		35	%		35	%		35	%
	Increases (decreases):
	State and local income taxes, net of Federal income tax benefit		4.9			5.5			3.2
	Foreign rate differences		(2.7	)		(1.1	)		(1.8	)
	Non-deductible expenses		6.4			2.8			1.2
	Reduction of deferred tax liabilities related to the prior year		—			—			(11.6	)
	Other		(1.6	)		(2.7	)		(0.1	)
	Provision for income taxes		42	%		39.5	%		25.9	%
Estimated Values of Gross Uncertain Tax Positions	The estimated values of the Company’s gross uncertain tax positions at December 31, 2014, 2013 and 2012 are liabilities of $572,000, $351,000 and $301,000, respectively, and consist of the following:
		Year Ended December 31,
		2014			2013			2012
		(in thousands)
	Balance at January 1	$	(351	)	$	(301	)	$	(134	)
	Additions based on tax positions related to the current year		—			(31	)		—
	Additions for tax positions of prior years		(221	)		(164	)		(167	)
	Settlements		—			145			—
	Balance at December 31	$	(572	)	$	(351	)	$	(301	)

BUSINESS_SEGMENTS_Tables

BUSINESS SEGMENTS (Tables)	12 Months Ended
	Dec. 31, 2014
Segment Reporting Information	As a result of the Company’s realignment of its reportable segments, previous periods presented have been recast to conform with the current period presentation
			Year Ended December 31,
			2014			2013			2012
			(in thousands)
	Net sales:
	U.S. Wholesale		$	441,293		$	444,187		$	422,241
	International			125,230			38,907			42,621
	Retail Direct			19,487			20,680			21,980
	Non-operating adjustment(1)			—			(1,053	)		—
	Total net sales		$	586,010		$	502,721		$	486,842
	Income from operations:
	U.S. Wholesale(2)		$	34,874		$	46,303		$	40,227
	International			3,759			(2,151	)		303
	Retail Direct			(1,034	)		(62	)		463
	Non-operating adjustment(1)			—			(1,053	)		—
	Unallocated corporate expenses			(16,215	)		(14,851	)		(13,658	)
	Total income from operations		$	21,384		$	28,186		$	27,335
	Depreciation and amortization:
	U.S. Wholesale		$	8,618		$	8,549		$	7,637
	International			5,379			1,601			1,437
	Retail Direct			203			265			250
	Total depreciation and amortization		$	14,200		$	10,415		$	9,324
	Note:
	-1	In 2013, the Company recorded a non-operating adjustment to reduce accounts receivable for previously issued credits within the Retail Direct business which related to 2010 and earlier periods.
	-2	In 2014, income from operations for the U.S. Wholesale segment includes $3.4 million of intangible asset impairment and $4.2 million related to the reduction in certain contingent consideration accruals. In 2012, income from operations for the U.S. Wholesale segment includes $1.1 million of intangible asset impairment.
			Year Ended December 31,
			2014			2013			2012
			(in thousands)
	Assets:
	U.S. Wholesale		$	287,744		$	291,757		$	305,054
	International			128,055			35,365			37,818
	Retail Direct			535			730			512
	Unallocated/ corporate/ other			5,068			8,887			5,413
	Total assets		$	421,402		$	336,739		$	348,797
	Capital expenditures:
	U.S. Wholesale		$	5,431		$	3,375		$	3,637
	International			650			272			1,260
	Retail Direct			90			195			58
	Total capital expenditures		$	6,171		$	3,842		$	4,955
			Year Ended December 31,
			2014			2013			2012
			(in thousands)
	Goodwill:
	U.S. Wholesale
	Beginning balance		$	2,412		$	2,412		$	—
	Acquisition activity			—			—			2,412
	Ending balance			2,412			2,412			2,412
	International
	Beginning balance			2,673			2,673			2,673
	Acquisition activity			13,016			—			—
	Ending balance			15,689			2,673			2,673
	Total goodwill (1)		$	18,101		$	5,085		$	5,085
	Note:
	-1	No goodwill is allocated to the Company’s Retail Direct reportable segment.
Net Sales and Long-Lived Assets by Major Geographic Locations	The following table sets forth net sales and long-lived assets by the major geographic locations (in thousands):
			Year ended December 31,
			2014			2013			2012
	Net sales:
	United States		$	436,049		$	439,129		$	430,758
	United Kingdom			93,432			29,012			30,709
	Rest of World			56,529			34,580			25,375
	Total		$	586,010		$	502,721		$	486,842
						December 31,
						2014			2013
	Long-lived assets, excluding intangible assets, at period-end:
	United States					$	54,594		$	65,043
	United Kingdom						3,927			1,321
	Rest of World						1,167			550
	Total					$	59,688		$	66,914
Net Sales by Major Product Categories	The following table sets forth net sales by major product categories included within the Company’s U.S. Wholesale operating segment:
			Year Ended December 31,
			2014			2013			2012
			(in thousands)
	Category:
	Kitchenware		$	269,265		$	281,211		$	256,154
	Tableware (1)			117,546			110,108			113,911
	Home Solutions			54,482			52,868			52,176
	Total		$	441,293		$	444,187		$	422,241
	-1	The tableware product category previously included revenue from Creative Tops, which is included as part of the International segment. Revenue sources disclosed in 2013 have been reclassified to conform to the current year presentation for comparative purposes.
	The following table sets forth net sales by major product categories included within the Company’s International operating segment:
			Year Ended December 31,
			2014			2013			2012
			(in thousands)
	Category:
	Kitchenware		$	67,604		$	—		$	—
	Tableware			57,626			38,907			42,621
	Total		$	125,230		$	38,907		$	42,621

COMMITMENTS_AND_CONTINGENCIES_

COMMITMENTS AND CONTINGENCIES (Tables)	12 Months Ended
	Dec. 31, 2014
Future Minimum Payments Under Non Cancelable Operating Leases	Future minimum payments under non-cancelable operating leases are as follows (in thousands):
	Year Ending December 31,
	2015	$	15,976
	2016		15,417
	2017		12,072
	2018		8,394
	2019		6,807
	Thereafter		50,584
	Total	$	109,250
Future Minimum Royalties Payable	Future minimum royalties payable under these agreements are as follows (in thousands):
	Year ending December 31,
	2015	$	8,632
	2016		2,574
	2017		2,085
	2018		1,952
	2019		1,870
	Thereafter		596
	Total	$	17,709

RETIREMENT_PLANS_Tables

RETIREMENT PLANS (Tables)	12 Months Ended
	Dec. 31, 2014
Future Benefit Payments	Expected benefit payments for each of the next five fiscal years and in aggregate for the five fiscal years thereafter are as follows (in thousands):
	Year ending December 31,
	2015	$	144
	2016		137
	2017		264
	2018		388
	2019		377
	2020 through 2024		1,909
Changes in Projected Benefit Obligation	The following table summarizes the changes in the projected benefit obligations and plan assets for the year ended December 31, 2014:
		December 31,
		2014
		(in thousands)
	Change in projected benefit obligations
	Projected benefit obligations, acquisition	$	11,678
	Interest cost		364
	Actuarial losses		2,887
	Benefits paid		(216	)
	Currency adjustment		(917	)
	Projected benefit obligations, end of year	$	13,796
	Change in plan assets
	Fair value of plan assets, acquisition	$	11,678
	Actual return on plan assets		2,618
	Employer contributions		2,471
	Benefits paid		(216	)
	Currency adjustment		(1,018	)
	Fair value of plan assets, end of year	$	15,533
	Net Plan funding, end of year	$	1,738
Components of Net Periodic Pension Cost	The following table summarizes the components of net period pension costs:
		Year Ended
		December 31,
		2014
		(in thousands)
	Components of net periodic pension cost
	Expected return on plan assets	$	(390	)
	Interest cost on projected benefit obligations		364
	Net periodic pension cost	$	(26	)
Assumptions Used to Determine Actuarial Present Value Of Projected Benefit Obligation and Net Periodic Pension Benefit Cost	The following are assumptions used to determine the actuarial present value of the projected benefit obligations and net periodic pension benefit cost as of and for the year ended December 31, 2014:
		December 31,
		2014
	Discount rate		2.19	%
	Expected long-term rate of return on plan assets		2.43	%
Expected Benefit Payments
Future Benefit Payments	Expected Benefit Payments – Expected benefit payments for each of the next five fiscal years and in the aggregate for the five fiscal years thereafter are as follows (in thousands):
	Year ending December 31,
	2015	$	232
	2016		252
	2017		258
	2018		274
	2019		288
	2020 through 2024		1,706

OTHER_Tables

OTHER (Tables)	12 Months Ended
	Dec. 31, 2014
Components of Inventory	The components of inventory are as follows:
			December 31,
			2014			2013
			(in thousands)
	Finished goods		$	134,564		$	108,340
	Work in process			1,887			1,966
	Raw materials			1,473			2,485
	Total		$	137,924		$	112,791
Property and Equipment	Property and equipment consist of:
			December 31,
			2014			2013
			(in thousands)
	Machinery, furniture and equipment		$	85,556		$	79,132
	Leasehold improvements			28,056			26,959
	Building and improvements			1,604			1,604
	Construction in progress			1,108			104
	Land			100			100
				116,424			107,899
	Less: accumulated depreciation and amortization			(89,623	)		(80,201	)
	Total		$	26,801		$	27,698
Accrued Expenses	Accrued expenses consist of:
			December 31,
			2014			2013
			(in thousands)
	Customer allowances and rebates		$	12,314		$	11,756
	Compensation and benefits			9,412			11,781
	Interest			224			98
	Vendor invoices			3,071			5,135
	Royalties			2,266			2,567
	Commissions			1,222			1,245
	Freight			1,519			1,419
	Professional fees			1,527			1,170
	VAT			1,400			533
	Contingent consideration related to acquisitions			—			1,647
	Working capital excess related to F&F acquisition			—			254
	Other			4,006			3,490
	Total		$	36,961		$	41,095
Deferred Rent Other Long Term Liabilities	Deferred rent & other long-term liabilities consist of:
			December 31,
			2014			2013
			(in thousands)
	Deferred rent liability		$	9,530		$	9,737
	Retirement benefit obligations			6,776			5,212
	Contingent consideration related to acquisitions			3,286			3,647
	Compensation guarantees			542			—
	Derivative liability			26			48
	Total		$	20,160		$	18,644
Supplemental Cash Flow Information	Supplemental cash flow information
			Year Ended December 31,
			2014			2013			2012
			(in thousands)
	Supplemental disclosure of cash flow information:
	Cash paid for interest		$	5,035		$	4,115		$	5,498
	Cash paid for taxes			4,912			10,862			6,067
	Non-cash investing activities:
	Translation adjustment		$	(4,736	)	$	(140	)	$	3,077
Components of Accumulated Other Comprehensive Loss, Net	Components of accumulated other comprehensive loss, net
			Year Ended December 31,
			2014			2013			2012
			(in thousands)
	Accumulated translation adjustment:
	Balance at beginning of year		$	(2,944	)	$	(2,804	)	$	(5,881	)
	Translation adjustment during period			(4,736	)		(140	)		3,077
	Balance at end of year		$	(7,680	)	$	(2,944	)	$	(2,804	)
	Accumulated effect of retirement benefit obligations:
	Balance at beginning of year		$	(745	)	$	(1,160	)	$	—
	Net gain (loss) arising from retirement benefit obligations, net of tax			(1,507	)		361			(1,187	)
	Amounts reclassified from accumulated other comprehensive loss:
	Amortization of loss, net of tax(1)			28			54			27
	Balance at end of year		$	(2,224	)	$	(745	)	$	(1,160	)
	Accumulated deferred gains (losses) on cash flow hedges:
	Balance at beginning of year		$	(31	)	$	(272	)	$	—
	Derivative fair value adjustment, net of tax			13			241			(272	)
	Balance at end of year (2)		$	(18	)	$	(31	)	$	(272	)
	Notes:
	-1	Amount is recorded in selling, general and administrative expenses on the consolidated statements of operations.
	(2)	No amounts were reclassified out of accummulared other comprehensive loss. Amounts reclassifed would be recorded in interest expense on the consolidated statements of operations.

Recovered_Sheet1

Significant Accounting Policies - Additional Information (Detail) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Schedule Of Significant Accounting Policies [Line Items]
Foreign currency gain/loss	($1,400,000)	($258,000)	($415,000)
Shipping and handling revenue	1,400,000	1,400,000	1,400,000
Freight-out expenses	11,400,000	9,000,000	8,500,000
Advertising expenses	1,600,000	800,000	800,000
Restructuring expenses	$125,000	$367,000
Maximum
Schedule Of Significant Accounting Policies [Line Items]
Highly liquid instruments which are considered cash and cash equivalent, maturity period	3 months
Wal Mart Stores Inc | Net sales | Credit Concentration Risk [Member]
Schedule Of Significant Accounting Policies [Line Items]
Percentage of net sales	16.00%	15.00%	16.00%
Building and Improvement | Minimum
Schedule Of Significant Accounting Policies [Line Items]
Property and equipment depreciated over estimated useful lives	30 years
Machinery, Furniture and Equipment | Minimum
Schedule Of Significant Accounting Policies [Line Items]
Property and equipment depreciated over estimated useful lives	3 years
Machinery, Furniture and Equipment | Maximum
Schedule Of Significant Accounting Policies [Line Items]
Property and equipment depreciated over estimated useful lives	10 years

Acquisitions_Additional_Inform

Acquisitions - Additional Information (Detail)

12 Months Ended

12 Months Ended

0 Months Ended

12 Months Ended

12 Months Ended

0 Months Ended

0 Months Ended

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2014

Oct. 31, 2014

Oct. 31, 2014

Jan. 15, 2014

Jan. 15, 2014

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2014

Jan. 15, 2014

Jan. 15, 2014

Dec. 31, 2014

Dec. 31, 2014

Dec. 20, 2012

Dec. 31, 2013

Dec. 20, 2012

Dec. 20, 2012

Dec. 20, 2012

Dec. 20, 2012

Dec. 20, 2012

USD ($)

USD ($)

USD ($)

USD ($)

Selling, general and administrative expenses

Thomas Plant

Thomas Plant

Thomas Plant

Thomas Plant

Thomas Plant

Thomas Plant

Thomas Plant

Thomas Plant

Thomas Plant

Thomas Plant

Other Acquisitions

Fred & Friends

Fred & Friends

Fred & Friends

Fred & Friends

Fred & Friends

Fred & Friends

Fred & Friends

USD ($)

USD ($)

GBP (£)

USD ($)

GBP (£)

USD ($)

USD ($)

GBP (£)

USD ($)

GBP (£)

Cost of Sales

USD ($)

USD ($)

USD ($)

USD ($)

Customer Relationships

Trade Names

Contingent Payment

Contractual Holdback

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

Business Acquisition [Line Items]

Percentage of equity interests acquired

100.00%

100.00%

Business acquisition cash paid

$61,500,000

£ 37,400,000

Business acquisition, issuance of common stock shares

581,432

581,432

Business acquisition, common stock value

9,000,000

5,500,000

Business acquisition, contingent cash consideration payable

9,000,000

5,500,000

7,700,000

Projected benefit obligation

6,776,000

5,212,000

11,700,000

7,100,000

Discount rate of obligation plan

3.65%

4.50%

3.30%

Additional payment on plan settlement

2,400,000

1,500,000

Net impact on plan settlements

0

Net Sales

67,600,000

Income from operations

4,100,000

Business combination increase in fair value of inventory

900,000

Amortization of intangible assets

3,400,000

Elimination of acquisition costs

1,000,000

600,000

Interest Expense and Debt Issuance Cost

2,000,000

Adjustment to compensation expense

2,200,000

Business acquisition cash paid

61,302,000

5,400,000

14,500,000

Value of contingent consideration

2,488,000

[1]

5,370,000

4,000,000

1,400,000

Fair value adjustment to reduce the contingent consideration accrual

-4,203,000

-4,200,000

Purchase price allocation, intangible assets

54,946,000

13,592,000

Purchase price allocation, amortizable intangible assets

7,200,000

3,900,000

Purchase price allocation, goodwill amount

$18,101,000

$5,085,000

$5,085,000

$2,673,000

$2,500,000

[1]

The value of contingent consideration represents the present value of the estimated payments related to the attainment of certain financial targets for the years 2014 through 2016. The maximum undiscounted contingent consideration to be paid on the agreement is £5.5 million ($9.0 million).

Purchase_Price_of_Acquisition_

Purchase Price of Acquisition (Detail) (USD $)	0 Months Ended
In Thousands, unless otherwise specified	Jan. 15, 2014		Dec. 20, 2012
Thomas Plant
Business Acquisition [Line Items]
Cash	$61,302
Common stock issued	8,382	[1]
Value of contingent consideration	2,488	[2]
Working capital adjustment	374	[3]
Total purchase price	72,546
Fred & Friends
Business Acquisition [Line Items]
Cash			14,500
Common stock issued			1,507
Value of contingent consideration			5,370
Total purchase price			$21,377
[1]	Share consideration issued is valued at the closing market price discounted to account for lack of marketability related to the lock up period as described in the share purchase agreement.
[2]	The value of contingent consideration represents the present value of the estimated payments related to the attainment of certain financial targets for the years 2014 through 2016. The maximum undiscounted contingent consideration to be paid on the agreement is £5.5 million ($9.0 million).
[3]	A working capital adjustment was made in May 2014 as provided for in the share purchase agreement.

Purchase_Price_of_Acquisition_1

Purchase Price of Acquisition (Parenthetical) (Detail) (Thomas Plant)	Jan. 15, 2014	Jan. 15, 2014
In Millions, unless otherwise specified	USD ($)	GBP (£)
Business Acquisition [Line Items]
Business acquisition, contingent cash consideration payable	$9	£ 5.5

Summary_of_Purchase_Price_Allo

Summary of Purchase Price Allocated Based on Estimated Fair Value of Assets and Liabilities (Detail) (USD $)	Jan. 15, 2014		Dec. 20, 2012
In Thousands, unless otherwise specified
Thomas Plant
Schedule of Business Acquisitions, Purchase Price Allocation [Line Items]
Accounts receivable	$14,267	[1]
Inventory	17,912
Other assets	4,054
Other liabilities	-10,242
Deferred income tax	-8,391
Goodwill and other intangibles	54,946
Total allocated value	72,546
Fred & Friends
Schedule of Business Acquisitions, Purchase Price Allocation [Line Items]
Accounts receivable			5,003	[1]
Inventory			3,941
Other assets			360
Other liabilities			-1,519
Goodwill and other intangibles			13,592
Total allocated value			$21,377
[1]	The fair value of accounts receivable approximated the gross contractual amounts receivable.

Unaudited_Pro_Forma_Include_th

Unaudited Pro Forma Include the Historical Statement of Operation (Detail) (USD $)	12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Business Acquisition, Pro Forma Information [Line Items]
Net sales	$586,010	$567,218
Income before income taxes and equity in earnings	15,760	26,491
Net income	$2,702	$12,031
Basic earnings per common share	$0.20	$0.90
Diluted earnings per common share	$0.19	$0.88

Equity_Investments_Additional_

Equity Investments - Additional Information (Detail)

12 Months Ended

12 Months Ended

6 Months Ended

12 Months Ended

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2011

Dec. 31, 2014

Dec. 31, 2014

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2012

Feb. 29, 2012

USD ($)

USD ($)

USD ($)

Grupo Vasconia S.A.B.

Grupo Vasconia S.A.B.

Grupo Vasconia S.A.B.

Grupo Vasconia S.A.B.

Grupo Vasconia S.A.B.

Grupo Vasconia S.A.B.

Grupo Vasconia S.A.B.

Grupo Vasconia S.A.B.

Grupo Vasconia S.A.B.

Grupo Vasconia S.A.B.

Grupo Vasconia S.A.B.

HCA

HCA

GS Internacional S/A

GS Internacional S/A

Grand Venture

Grand Venture

Grand Venture

Grand Venture

USD ($)

USD ($)

USD ($)

Prepaid expenses and other current assets

Accrued expense

Transaction 02

Transaction 02

Transaction 02

Transaction 02

Transaction 02

Transaction 02

USD ($)

USD ($)

USD ($)

BRL

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

Minimum

Minimum

Minimum

Maximum

Maximum

Maximum

Schedule of Equity Method Investments [Line Items]

Percentage of ownership in equity method investment

30.00%

40.00%

40.00%

50.00%

Exchange rate at period end - MXN to USD

14.74

13.06

Average daily exchange rate for period - MXN to USD

12.99

12.46

12.94

13.87

13.01

13.51

(Decrease) increase in equity method investment

($4,000,000)

($300,000)

$2,700,000

Cash dividend received

230,000

571,000

416,000

Due from related party

33,000

Due to related party

152,000

Equity in earnings (losses), net of taxes

-6,493,000

-4,781,000

6,081,000

1,200,000

-4,000,000

6,900,000

-39,000

-83,000

-125,000

Equity in earnings related to a bargain purchase gain

4,100,000

Equity in earnings, tax benefit

1,100,000

Fair value of investment

30,800,000

Carrying value of investment

27,800,000

144,000

251,000

287,000

Decrease in equity method investment to fair value

5,000,000

6,000,000

Fair Value of investment

1,300,000

Payment for equity method investment

$105,000

$764,000

2,000,000

$500,000

Summarized_Statement_of_Income

Summarized Statement of Income Information for Vasconia in USD and MXN (Detail)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2014	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2012
	USD ($)	USD ($)	USD ($)	Grupo Vasconia S.A.B.	Grupo Vasconia S.A.B.	Grupo Vasconia S.A.B.	Grupo Vasconia S.A.B.	Grupo Vasconia S.A.B.	Grupo Vasconia S.A.B.
				USD ($)	MXN	USD ($)	MXN	USD ($)	MXN
Schedule of Equity Method Investments [Line Items]
Net sales	$586,010	$502,721	$486,842	$188,863	2,514,294	$159,574	2,038,200	$168,712	2,224,256
Gross Profit	212,881	187,262	176,788	35,592	474,482	28,775	367,944	38,134	497,413
Income from operations	21,384	28,186	27,335	7,790	103,658	5,438	70,430	14,614	192,182
Net income	$1,544	$9,281	$20,947	$5,328	71,732	$4,315	55,077	$34,172	443,630

Summarized_Balance_Sheet_Infor

Summarized Balance Sheet Information for Vasconia in USD and MXN (Detail) (Grupo Vasconia S.A.B.)	Dec. 31, 2014	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2013
In Thousands, unless otherwise specified	USD ($)	MXN	USD ($)	MXN
Schedule of Equity Method Investments [Line Items]
Current assets	$110,865	1,634,154	$100,227	1,309,210
Non-current assets	86,888	1,280,723	75,659	988,289
Current liabilities	37,032	545,852	26,187	342,060
Non-current liabilities	$58,753	866,022	$39,033	509,868

Components_of_Intangible_Asset

Components of Intangible Assets (Detail) (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
In Thousands, unless otherwise specified
Schedule of Intangible Assets Disclosure [Line Items]
Goodwill, Gross	$18,101	$5,085
Goodwill, Accumulated Amortization	0	0
Goodwill, Net	18,101	5,085	5,085	2,673
Indefinite-Lived Trade Names, Gross	7,616	18,364
Indefinite-Lived Trade Names, Accumulated Amortization	0	0
Indefinite-Lived Trade Names, Net	7,616	18,364
Intangible Assets, Gross (Including Goodwill)	123,357	68,342
Finite-Lived Intangible Assets, Accumulated Amortization	-19,760	-13,193
Intangible Assets, Net (Including Goodwill)	103,597	55,149	57,842	46,937
License
Schedule of Intangible Assets Disclosure [Line Items]
Finite-Lived Intangible Assets, Gross	15,847	15,847
Finite-Lived Intangible Assets, Accumulated Amortization	-8,007	-7,551
Finite-Lived Intangible Assets, Net	7,840	8,296
Trade Names
Schedule of Intangible Assets Disclosure [Line Items]
Finite-Lived Intangible Assets, Gross	29,768	10,056
Finite-Lived Intangible Assets, Accumulated Amortization	-4,568	-2,677
Finite-Lived Intangible Assets, Net	25,200	7,379
Customer Relationships
Schedule of Intangible Assets Disclosure [Line Items]
Finite-Lived Intangible Assets, Gross	50,823	18,406
Finite-Lived Intangible Assets, Accumulated Amortization	-6,754	-2,736
Finite-Lived Intangible Assets, Net	44,069	15,670
Other
Schedule of Intangible Assets Disclosure [Line Items]
Finite-Lived Intangible Assets, Gross	1,202	584
Finite-Lived Intangible Assets, Accumulated Amortization	-431	-229
Finite-Lived Intangible Assets, Net	$771	$355

Recovered_Sheet2

Goodwill And Intangible Assets - Additional Information (Detail) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Oct. 01, 2014
Schedule of Intangible Assets Disclosure [Line Items]
Amortization expenses	$6,567,000	$2,693,000	$1,618,000
Trade Names | Minimum
Schedule of Intangible Assets Disclosure [Line Items]
Finite lived intangible assets, useful life	10 years
Trade Names | Maximum
Schedule of Intangible Assets Disclosure [Line Items]
Finite lived intangible assets, useful life	15 years
Discounted Cash Flows Approach
Schedule of Intangible Assets Disclosure [Line Items]
Decrease in carrying value of trade name	$3,400,000
Discounted Cash Flows Approach | Fair Value, Inputs, Level 3 | Trade Names | Minimum
Schedule of Intangible Assets Disclosure [Line Items]
Indefinite-lived intangible assets impairment, discount rate				14.00%
Indefinite-lived intangible assets impairment, growth rate				2.50%
Discounted Cash Flows Approach | Fair Value, Inputs, Level 3 | Trade Names | Maximum
Schedule of Intangible Assets Disclosure [Line Items]
Indefinite-lived intangible assets impairment, discount rate				15.50%
Indefinite-lived intangible assets impairment, growth rate				3.00%

Intangible_Assets_Detail

Intangible Assets (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 20, 2012
Intangible Assets
Acquisition of Intangible Assets	$85,496	$50,064	$52,757
Intangible Assets, Beginning Balance	50,064	52,757	44,264
Impairment of Elements trade name	-3,384		-1,069
Amortization	-6,567	-2,693	-1,618
Intangible Assets, Ending Balance	85,496	50,064	52,757
Goodwill, Beginning balance	5,085	5,085	2,673
Goodwill, Ending Balance	18,101	5,085	5,085
Goodwill and Intangible Assets
Goodwill and intangible assets, Beginning Balance	55,149	57,842	46,937
Impairment of Elements trade name	-3,384		-1,069
Amortization	-6,567	-2,693	-1,618
Goodwill and Intangible Assets, Ending Balance	103,597	55,149	57,842
Trade Names
Intangible Assets
Acquisition of Intangible Assets	12,348		3,940
Intangible Assets, Ending Balance	12,348		3,940
Goodwill and Intangible Assets
Acquisition of Intangible Assets	12,348		3,940
Customer Relationships
Intangible Assets
Acquisition of Intangible Assets	32,417		7,240
Intangible Assets, Ending Balance	32,417		7,240
Goodwill and Intangible Assets
Acquisition of Intangible Assets	32,417		7,240
Other
Intangible Assets
Acquisition of Intangible Assets	618
Intangible Assets, Ending Balance	618
Goodwill and Intangible Assets
Acquisition of Intangible Assets	618
Fred & Friends
Intangible Assets
Goodwill from acquisition			2,412
Goodwill, Beginning balance				2,500
Goodwill, Ending Balance				2,500
Goodwill and Intangible Assets
Goodwill from acquisition			2,412
Thomas Plant
Intangible Assets
Goodwill from acquisition	13,016
Goodwill and Intangible Assets
Goodwill from acquisition	$13,016

Weighted_Average_Amortization_

Weighted Average Amortization Period for Finite Lived Intangible Assets (Detail)	12 Months Ended
	Dec. 31, 2014
Trade Names
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, weighted-average amortization periods	14 years
License
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, weighted-average amortization periods	33 years
Customer Relationships
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, weighted-average amortization periods	13 years
Other
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, weighted-average amortization periods	11 years

Estimated_Amortization_Expense

Estimated Amortization Expense (Detail) (USD $)	Dec. 31, 2014
In Thousands, unless otherwise specified
Schedule Of Estimated Future Amortization Expense [Line Items]
2015	$7,004
2016	6,996
2017	6,708
2018	6,708
2019	$6,708

Debt_Additional_Information_De

Debt - Additional Information (Detail)

Dec. 31, 2014

Dec. 31, 2014

Dec. 31, 2014

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2014

Dec. 31, 2014

Jan. 31, 2014

Dec. 31, 2014

Dec. 31, 2014

Dec. 31, 2014

Dec. 31, 2014

Dec. 31, 2014

Dec. 31, 2014

Dec. 31, 2014

Dec. 31, 2014

Feb. 28, 2015

Feb. 28, 2015

Feb. 28, 2015

Dec. 31, 2014

Dec. 31, 2014

Dec. 31, 2014

Dec. 31, 2014

Dec. 31, 2014

Dec. 31, 2014

Dec. 31, 2014

Dec. 31, 2014

Dec. 31, 2014

Dec. 31, 2014

Dec. 31, 2014

Dec. 31, 2014

Dec. 31, 2014

USD ($)

Second Amended and Restated Credit Agreement

Amended and Restated Credit Agreement

Revolving Credit Facility

Revolving Credit Facility

Revolving Credit Facility

Revolving Credit Facility

Revolving Credit Facility

Revolving Credit Facility

Revolving Credit Facility

Revolving Credit Facility

Revolving Credit Facility

Revolving Credit Facility

Revolving Credit Facility

Revolving Credit Facility

Revolving Credit Facility

Revolving Credit Facility

Revolving Credit Facility

Revolving Credit Facility

Revolving Credit Facility

Revolving Credit Facility

Revolving Credit Facility

Revolving Credit Facility

Revolving Credit Facility

HSBC Facility

HSBC Facility

Term Loan

Term Loan

Term Loan

Term Loan

Term Loan

Other than certain subordinated indebtedness

USD ($)

USD ($)

USD ($)

Multi-currency Borrowings

Amended and Restated Credit Agreement

Amended and Restated Credit Agreement

Amended and Restated Credit Agreement

Amended and Restated Credit Agreement

Amended and Restated Credit Agreement

Amended and Restated Credit Agreement

Minimum

Minimum

Maximum

Maximum

Subsequent Event

Subsequent Event

Subsequent Event

Alternate Base Rate

Alternate Base Rate

Alternate Base Rate

Euro Dollar Rate

Euro Dollar Rate

USD ($)

CNY

Amended and Restated Credit Agreement

Alternate Base Rate Spread

Alternate Base Rate Spread

Eurocurrency Rate Spread

Eurocurrency Rate Spread

USD ($)

USD ($)

USD ($)

At any time any Term Loan is outstanding or at any time no Term Loan is outstanding and availability under the Revolving Credit Facility is less than $17.5 million and continuing until availability of at least $20.0 million is maintained for three consecutive months, the Company is required to maintain a minimum fixed charge coverage ratio of 1.10 to 1.00 for each of four consecutive fiscal quarter periods.

For the fiscal quarter ended December 31, 2014

At each fiscal quarter end in 2015

At each fiscal quarter end thereafter; provided that for any fiscal quarter ending on September 30 of any year, the maximum Senior Leverage Ratio specified above shall be increased by an additional 0.25:1.00

Amended and Restated Credit Agreement

Amended and Restated Credit Agreement

Amendment No. 2

Amendment No. 2

Maximum

Minimum

Maximum

Minimum

Maximum

USD ($)

Minimum

Maximum

Minimum

Maximum

USD ($)

At the fiscal quarter ending September 30, 2014

At each fiscal quarter end in 2015

For each fiscal quarter ending thereafter

Amendment No. 2

Amended and Restated Credit Agreement

Amended and Restated Credit Agreement

Amended and Restated Credit Agreement

Amended and Restated Credit Agreement

For the fiscal quarter ended December 31, 2014

Debt Instrument [Line Items]

Credit facility, maturity date

2019-01

Credit facility, maximum borrowing capacity

$175,000,000

$40,000,000

$2,900,000

18,000,000

$40,200,000

New Term Loan facility

50,000,000

Line of credit facility interest rate description

Each borrowing under the Revolving Credit Facility bears interest, at the Companybs option, at one of the following rates: (i) the Alternate Base Rate, defined as the greater of the Prime Rate, Federal Funds Rate plus 0.5% or the Adjusted LIBO Rate plus 1.0%, plus a margin of 0.75% to 1.25%, or (ii) the Eurodollar Rate, defined as the Adjusted LIBO Rate plus a margin of 1.75% to 2.25%. The respective margins are based upon availability which is a function of usage and the borrowing base.

Interest rate above federal funds rate

0.50%

Interest rate above adjusted LIBOR rate

1.00%

Interest rate margin

0.75%

1.25%

1.75%

2.25%

3.00%

3.50%

4.00%

4.50%

Interest rates on outstanding borrowings

2.13%

4.25%

6.44%

6.44%

Percentage of line of credit facility unused capacity commitment fee

0.38%

Open letters of credit

2,300,000

1,300,000

Outstanding borrowing under credit facility

765,000

92,700,000

49,200,000

765,000

4,800,000

45,000,000

Availability under revolving credit facility

64,900,000

87,800,000

Credit facility, maximum borrowing capacity terms

The borrowing capacity under the Revolving Credit Facility depends, in part, on eligible levels of accounts receivable and inventory that fluctuate regularly and certain trademark values based upon periodic appraisals. Consequently, the $175.0 million commitment may not represent actual borrowing capacity.

Percentage of capital stock of foreign subsidiaries pledged as collateral

65.00%

Credit facility terms

The Second Amended and Restated Credit Agreement provides for customary restrictions and events of default. Restrictions include limitations on additional indebtedness, acquisitions, investments and payment of dividends, among other things. Further, the Second Amended and Restated Credit Agreement provides that at any time any Term Loan is outstanding or at any time no Term Loan is outstanding and availability under the Revolving Credit Facility is less than $17.5 million and continuing until availability of at least $20.0 million is maintained for three consecutive months, the Company is required to maintain a minimum fixed charge coverage ratio of 1.10 to 1.00 for each four consecutive fiscal quarter periods. The Second Amended and Restated Credit Agreement also provides that when the Term Loan is outstanding, the Company is required to maintain a Senior Leverage Ratio within defined parameters not to exceed 4.00 to 1.00 at the fiscal quarter ending September 30, 2014; 4.25 to 1.00 at the fiscal quarter ending December 31, 2014; 3.50 to 1.00 at each fiscal quarter end in 2015; and 2.50 to 1.00 at each fiscal quarter end thereafter; provided that for any fiscal quarter ending on September 30 of any year, the maximum Senior Leverage Ratio specified above shall be increased by an additional 0.25:1.00.

Minimum availability under revolving credit to maintain minimum fixed charge ratio for four consecutive months

17,500,000

Minimum availability under revolving credit to maintain minimum fixed charge ratio for three consecutive months

$20,000,000

Fixed charge coverage ratio minimum

110.00%

Senior leverage ratio

425.00%

350.00%

400.00%

400.00%

325.00%

425.00%

Increase in senior leverage ratio

250.00%

Maximum senior leverage ratio

25.00%

Derivatives_Additional_Informa

Derivatives - Additional Information (Detail) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Derivative [Line Items]
Derivative fair value adjustment gain (loss), net of tax	$13,000	$241,000	($272,000)
Fair Value, Observable inputs, Level 2 | Accrued Expenses and Other Long-Term Liabilities
Derivative [Line Items]
Fair value of derivative instruments, liability	32,000	54,000
Selling, general and administrative expenses
Derivative [Line Items]
Gain on foreign exchange derivative contracts	700,000
Interest Rate Swap Agreements
Derivative [Line Items]
Commencement date	2013-03
Expiry date	30-Jun-18
Derivative fair value adjustment gain (loss), net of tax	13,000	241,000	-272,000
Interest Rate Swap Agreements | Cash Flow Hedging
Derivative [Line Items]
Notional amount	$25,400,000

Capital_Stock_Additional_Infor

Capital Stock - Additional Information (Detail) (USD $)	12 Months Ended				0 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2015	Mar. 04, 2015	Apr. 30, 2013
Share Based Compensation [Line Items]
Stock repurchase program, authorized amount		$3,200,000				$10,000,000
Stock repurchase program, authorized shares	0	245,575
Weighted-average recognition period	2 years 6 months 15 days
Total intrinsic value of stock options exercised	3,103,000	1,997,000	1,182,000
Stock compensation expense, stock option	2,500,000
Stock compensation expense, restricted share	300,000
Stock compensation expense	4,493,000	2,881,000	2,793,000
Unrecognized compensation cost	5,000,000
Weighted-average per share grant date fair value of stock options granted	$9.73	$6.12	$6.05
Preferred stock Series A
Share Based Compensation [Line Items]
Preferred stock, shares authorized	100	100
Preferred stock, issued	0	0
Preferred stock, outstanding	0	0
Preferred stock Series B
Share Based Compensation [Line Items]
Preferred stock, shares authorized	2,000,000	2,000,000
Preferred stock, issued	0	0
Preferred stock, outstanding	0	0
Restricted Stock
Share Based Compensation [Line Items]
Unrecognized restricted stock compensation cost	232,000
Weighted-average recognition period	10 months 24 days
Restricted Stock | Non Employee Director
Share Based Compensation [Line Items]
Options vesting period	1 year
Total number of restricted shares granted	21,511	22,459	23,394
Total fair value of the restricted shares	420,000	298,000	270,000
Restricted stock expensed period	1 year
Restricted Stock | Employee
Share Based Compensation [Line Items]
Options vesting period	3 years
Total number of restricted shares granted	5,000
Scenario, Forecast
Share Based Compensation [Line Items]
Stock compensation expense, stock awards to be granted in 2015				$1,700,000
Subsequent Event | Dividend Declared
Share Based Compensation [Line Items]
Dividend declaration date					4-Mar-15
Quarterly dividend declared					$0.04
Dividend payable date					15-May-15
Dividend declared, date of record					1-May-15
Long Term Incentive Plan 2000
Share Based Compensation [Line Items]
Shares available for grant	296,362
Long Term Incentive Plan 2000 | After Amendment
Share Based Compensation [Line Items]
Shares available for grant	4,200,000
Long Term Incentive Plan 2000 | Minimum
Share Based Compensation [Line Items]
Options expiration period	5 years
Long Term Incentive Plan 2000 | Maximum
Share Based Compensation [Line Items]
Options expiration period	10 years
Options vesting period	5 years

Cash_Dividends_Declared_Detail

Cash Dividends Declared (Detail) (USD $)	12 Months Ended
	Dec. 31, 2014
Dividend Payment 1st
Dividend Declared [Line Items]
Dividend per share	$0.03
Date declared	12-Mar-13
Date of record	1-May-13
Payment date	15-May-13
Dividend Payment 2nd
Dividend Declared [Line Items]
Dividend per share	$0.03
Date declared	13-Jun-13
Date of record	1-Aug-13
Payment date	15-Aug-13
Dividend Payment 3rd
Dividend Declared [Line Items]
Dividend per share	$0.03
Date declared	2-Aug-13
Date of record	1-Nov-13
Payment date	15-Nov-13
Dividend Payment 4th
Dividend Declared [Line Items]
Dividend per share	$0.04
Date declared	31-Oct-13
Date of record	31-Jan-14
Payment date	14-Feb-14
Dividend Payment 5th
Dividend Declared [Line Items]
Dividend per share	$0.04
Date declared	11-Mar-14
Date of record	1-May-14
Payment date	15-May-14
Dividend Payment 6th
Dividend Declared [Line Items]
Dividend per share	$0.04
Date declared	19-Jun-14
Date of record	1-Aug-14
Payment date	15-Aug-14
Dividend Payment 7th
Dividend Declared [Line Items]
Dividend per share	$0.04
Date declared	29-Jul-14
Date of record	31-Oct-14
Payment date	14-Nov-14
Dividend Payment 8th
Dividend Declared [Line Items]
Dividend per share	$0.04
Date declared	5-Nov-14
Date of record	30-Jan-15
Payment date	13-Feb-15

Summary_of_Stock_Option_Detail

Summary of Stock Option (Detail) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Options
Beginning balance	2,371,650	2,528,177	2,475,750
Grants	394,400	390,800	305,000
Exercises	-365,223	-247,827	-199,823
Cancellations	-32,200	-68,000	-52,750
Expirations	-42,000	-231,500
Ending balance	2,326,627	2,371,650	2,528,177
Options exercisable at End of Period	1,533,785
Weighted-average exercise price
Beginning balance	$12.75	$13.06	$12.62
Grants	$18.83	$12.26	$11.64
Exercises	$8.63	$4.91	$5.47
Cancellations	$12.23	$16.89	$12.82
Expirations	$26.61	$22.46
Ending balance	$14.19	$12.75	$13.06
Options exercisable at End of Period	$13.69
Weighted-average remaining contractual life (years)
Options outstanding, Ending balance	5 years 11 months 27 days
Options exercisable, Ending balance	4 years 9 months 29 days
Aggregate intrinsic value
Options outstanding, end of period	$10,670,919
Options exercisable, end of period	$8,425,516

Fair_Value_Stock_Options_at_Gr

Fair Value Stock Options at Grant Date using Weighted-Average Assumption (Detail)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions And Weighted Average Fair Values [Line Items]
Historical volatility	58.00%	61.00%	61.00%
Expected term (years)	6 years	5 years 7 months 6 days	6 years
Risk-free interest rate	1.95%	0.88%	1.10%
Expected dividend yield	0.77%	0.97%	0.86%

Calculations_of_Basic_and_Dilu

Calculations of Basic and Diluted Loss per Common Share (Detail) (USD $)	12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Earnings Per Share Disclosure [Line Items]
Net income - Basic and Diluted	$1,544	$9,281	$20,947
Weighted-average shares outstanding - Basic	13,519	12,757	12,511
Effect of dilutive securities:
Stock options	455	286	299
Weighted-average shares outstanding - Diluted	13,974	13,043	12,810
Basic income per common share	$0.11	$0.73	$1.67
Diluted income per common share	$0.11	$0.71	$1.64

Income_Per_Common_Share_Additi

Income Per Common Share - Additional Information (Detail) (Options Held)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Options Held
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Antidilutive Securities Excluded from Computation of Diluted Income Per Common Share	2,004,836	1,417,145	1,450,200

Components_of_Income_Before_In

Components of Income Before Income Taxes. Equity in Earnings and Extra Ordinary Items (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Components Of Earnings Loss Before Income Taxes [Line Items]
Income before income taxes and equity in earnings	$13,862	$23,237	$20,074
Domestic
Components Of Earnings Loss Before Income Taxes [Line Items]
Income before income taxes and equity in earnings	10,251	26,470	20,609
Foreign
Components Of Earnings Loss Before Income Taxes [Line Items]
Income before income taxes and equity in earnings	$3,611	($3,233)	($535)

Provision_for_Income_Taxes_Bef

Provision for Income Taxes (Before Equity in Earnings) (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Current:
Federal	$4,709	$8,996	$6,691
State and local	1,284	1,707	761
Foreign	1,691	747	503
Deferred	-1,859	-2,275	-2,747
Income tax provision	$5,825	$9,175	$5,208

Significant_Components_of_Defe

Significant Components of Deferred Income Tax Assets (Detail) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Deferred income tax assets:
Deferred rent expense	$3,686	$3,694
Stock options	3,348	3,237
Inventory	1,312	1,317
Operating loss carry-forward	2,073	2,140
Accounts receivable allowances	406	192
Accrued compensation	897	758
Other	2,911	1,831
Total deferred income tax assets	$14,633	$13,169

Significant_Components_of_Net_

Significant Components of Net Deferred Income Tax (Liability) Asset (Detail) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Deferred income tax liabilities:
Depreciation and amortization	($3,461)	($3,826)
Intangibles	-12,549	-5,162
Equity in earnings	-504	-805
Total deferred income tax liabilities	-16,514	-9,793
Net deferred income tax (liability) asset	-1,881	3,376
Valuation allowance	-1,897	-1,213
Net deferred income tax (liability) asset	($3,778)	$2,163

Income_Taxes_Additional_Inform

Income Taxes - Additional Information (Detail) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Income Tax Examination [Line Items]
Gross liability for tax positions	$572,000	$351,000	$301,000
Income tax examination net of federal and state tax benefit, accrued interest	40,000	71,000
Reduction in income tax liability if tax positions sustained	530,000
Gross liability for tax positions	420,000
Income tax examination years description	The Company is no longer subject to U.S. Federal income tax examinations for the years prior to 2011.
Kitchen Craft
Income Tax Examination [Line Items]
Deferred tax liabilities related to intangible assets acquired	8,800,000
State Tax Authority
Income Tax Examination [Line Items]
Net operating loss carryforward	14,000,000
Net operating loss carryforward expiration	2015
State Tax Authority | Minimum
Income Tax Examination [Line Items]
Income tax examination year	2010
State Tax Authority | Maximum
Income Tax Examination [Line Items]
Income tax examination year	2013
Foreign Tax Authority
Income Tax Examination [Line Items]
Net operating loss carryforward	$6,900,000
Net operating loss carryforward expiration	2020

Difference_between_Provision_f

Difference between Provision for Income Taxes and Amount Computed b Applying Federal (Detail)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Schedule of Effective Tax Rate Reconciliation [Line Items]
Provision for federal income taxes at the statutory rate	35.00%	35.00%	35.00%
State and local income taxes, net of Federal income tax benefit	4.90%	5.50%	3.20%
Foreign rate differences	-2.70%	-1.10%	-1.80%
Non-deductible expenses	6.40%	2.80%	1.20%
Reduction of deferred tax liabilities related to the prior year			-11.60%
Other	-1.60%	-2.70%	-0.10%
Provision for income taxes	42.00%	39.50%	25.90%

Estimated_Values_of_Gross_Unce

Estimated Values of Gross Uncertain Tax Positions (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items]
Beginning Balance	($351)	($301)	($134)
Additions based on tax positions related to the current year		-31
Additions for tax positions of prior years	-221	-164	-167
Settlements		145
Ending Balance	($572)	($351)	($301)

Business_Segments_Additional_I

Business Segments - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2014
	Segment
Segment Reporting Information [Line Items]
Number of reportable business segment	3

Segment_Reporting_Information_

Segment Reporting Information (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014		Dec. 31, 2013		Dec. 31, 2012
Segment Reporting Information [Line Items]
Net sales	$586,010		$502,721		$486,842
Income from operations	21,384		28,186		27,335
Depreciation and amortization	14,200		10,415		9,324
Assets	421,402		336,739		348,797
Capital expenditures	6,171		3,842		4,955
Goodwill, Beginning balance	5,085		5,085		2,673
Goodwill, Ending Balance	18,101		5,085		5,085
Unallocated corporate expenses
Segment Reporting Information [Line Items]
Income from operations	-16,215		-14,851		-13,658
Assets	5,068		8,887		5,413
U.S. Wholesale
Segment Reporting Information [Line Items]
Net sales	441,293		444,187		422,241
Depreciation and amortization	8,618		8,549		7,637
Capital expenditures	5,431		3,375		3,637
Goodwill, Beginning balance	2,412		2,412
Acquisition activity					2,412
Goodwill, Ending Balance	2,412		2,412		2,412
U.S. Wholesale | Operating Segments
Segment Reporting Information [Line Items]
Income from operations	34,874	[1]	46,303	[1]	40,227	[1]
Assets	287,744		291,757		305,054
International
Segment Reporting Information [Line Items]
Net sales	125,230		38,907		42,621
Depreciation and amortization	5,379		1,601		1,437
Capital expenditures	650		272		1,260
Goodwill, Beginning balance	2,673		2,673		2,673
Acquisition activity	13,016
Goodwill, Ending Balance	15,689		2,673		2,673
International | Operating Segments
Segment Reporting Information [Line Items]
Income from operations	3,759		-2,151		303
Assets	128,055		35,365		37,818
Retail Direct
Segment Reporting Information [Line Items]
Net sales	19,487		20,680		21,980
Depreciation and amortization	203		265		250
Capital expenditures	90		195		58
Retail Direct | Operating Segments
Segment Reporting Information [Line Items]
Income from operations	-1,034		-62		463
Assets	535		730		512
Non-operating Adjustment
Segment Reporting Information [Line Items]
Net sales			-1,053	[2]
Income from operations			($1,053)	[2]
[1]	In 2014, income from operations for the U.S. Wholesale segment includes $3.4 million of intangible asset impairment and $4.2 million related to the reduction in certain contingent consideration accruals. In 2012, income from operations for the U.S. Wholesale segment includes $1.1 million of intangible asset impairment.
[2]	In 2013, the Company recorded a non-operating adjustment to reduce accounts receivable for previously issued credits within the Retail Direct business which related to 2010 and earlier periods.

Segment_Reporting_Information_1

Segment Reporting Information (Parenthetical) (Detail) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2012
Segment Reporting Information [Line Items]
Reduction in contingent consideration accruals	$4,203,000
Wholesale
Segment Reporting Information [Line Items]
Intangible asset impairment	3,400,000	1,100,000
Reduction in contingent consideration accruals	$4,200,000

Net_Sales_and_LongLived_Assets

Net Sales and Long-Lived Assets by Major Geographic Locations (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	$586,010	$502,721	$486,842
Long-lived assets	59,688	66,914
United States
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	436,049	439,129	430,758
Long-lived assets	54,594	65,043
United Kingdom
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	93,432	29,012	30,709
Long-lived assets	3,927	1,321
Rest of World
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	56,529	34,580	25,375
Long-lived assets	$1,167	$550

Net_Sales_by_Major_Product_Cat

Net Sales by Major Product Categories (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014		Dec. 31, 2013		Dec. 31, 2012
Segment Reporting Information [Line Items]
Net sales	$586,010		$502,721		$486,842
Wholesale
Segment Reporting Information [Line Items]
Net sales	441,293		444,187		422,241
Wholesale | Kitchenware
Segment Reporting Information [Line Items]
Net sales	269,265		281,211		256,154
Wholesale | Tableware
Segment Reporting Information [Line Items]
Net sales	117,546	[1]	110,108	[1]	113,911	[1]
Wholesale | Home Solutions
Segment Reporting Information [Line Items]
Net sales	54,482		52,868		52,176
International
Segment Reporting Information [Line Items]
Net sales	125,230		38,907		42,621
International | Kitchenware
Segment Reporting Information [Line Items]
Net sales	67,604
International | Tableware
Segment Reporting Information [Line Items]
Net sales	$57,626		$38,907		$42,621
[1]	The tableware product category previously included revenue from Creative Tops, which is included as part of the International segment. Revenue sources disclosed in 2013 have been reclassified to conform to the current year presentation for comparative purposes.

Recovered_Sheet3

Commitments and Contingencies - Additional Information (Detail) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Commitments and Contingencies Disclosure [Line Items]
Expiration year of lease agreements	2029
Rent and related expense	$15,800,000	$14,300,000	$14,800,000
Sublease rental income	$0	$0	$0
Royalty license expiration year	2023

Future_Minimum_Payments_Under_

Future Minimum Payments Under Non Cancelable Operating Leases (Detail) (USD $)	Dec. 31, 2014
In Thousands, unless otherwise specified
Leases Future Minimum Payments [Line Items]
2015	$15,976
2016	15,417
2017	12,072
2018	8,394
2019	6,807
Thereafter	50,584
Total	$109,250

Future_Minimum_Royalties_Payab

Future Minimum Royalties Payable (Detail) (Royalty Agreements, USD $)	Dec. 31, 2014
In Thousands, unless otherwise specified
Royalty Agreements
Contractual Obligation [Line Items]
2015	$8,632
2016	2,574
2017	2,085
2018	1,952
2019	1,870
Thereafter	596
Total	$17,709

Retirement_Plans_Additional_In

Retirement Plans - Additional Information (Detail) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Defined Benefit Plan Disclosure [Line Items]
Defined contribution retirement plan voluntary contributions	$17,500
Retirement benefit obligations	6,776,000	5,212,000
Retirement Benefit Obligations Discount Rate	3.65%	4.50%
Expected actuarial losses included in accumulated other comprehensive loss in net periodic benefit cost	132,000
Accumulated benefit obligation	13,800,000
Accumulated Other comprehensive income	623,000
Plan Assets, fair value	15,533,000	11,678,000
Fair Value, Inputs, Level 3 | Insurance Contracts
Defined Benefit Plan Disclosure [Line Items]
Plan Assets, fair value	15,500,000
Fair Value, Inputs, Level 1 | Cash and Cash Equivalents
Defined Benefit Plan Disclosure [Line Items]
Plan Assets, fair value	100,000
Former Executives
Defined Benefit Plan Disclosure [Line Items]
Retirement benefit obligations	6,900,000	5,400,000
Employees 50 years or over
Defined Benefit Plan Disclosure [Line Items]
Defined contribution retirement plan voluntary contributions	$23,000

Future_Retirement_Benefit_Paym

Future Retirement Benefit Payments (Detail) (USD $)	Dec. 31, 2014
In Thousands, unless otherwise specified
Defined Benefit Plan Disclosure [Line Items]
2015	$144
2016	137
2017	264
2018	388
2019	377
2020 through 2024	$1,909

Changes_in_Projected_Benefit_O

Changes in Projected Benefit Obligation (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014
Change in projected benefit obligations
Projected benefit obligations, acquisition	$11,678
Interest cost	364
Actuarial losses	2,887
Benefits paid	-216
Currency adjustment	-917
Projected benefit obligations, end of year	13,796
Change in plan assets
Fair value of plan assets, acquisition	11,678
Actual return on plan assets	2,618
Employer contributions	2,471
Benefits paid	-216
Currency adjustment	-1,018
Fair value of plan assets, end of year	15,533
Net Plan funding, end of year	$1,738

Components_of_Net_Periodic_Pen

Components of Net Periodic Pension Cost (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014
Components of net periodic pension cost
Expected return on plan assets	($390)
Interest cost on projected benefit obligations	364
Net periodic pension cost	($26)

Assumptions_Used_to_Determine_

Assumptions Used to Determine Actuarial Present Value of Projected Benefit Obligation and Net Periodic Pension Benefit Cost (Detail)	12 Months Ended
	Dec. 31, 2014
Schedule of Benefit Obligations Weighted Average Assumptions [Line Items]
Discount rate	2.19%
Expected long-term rate of return on plan assets	2.43%

Expected_Benefit_Payments_Deta

Expected Benefit Payments (Detail) (USD $)	Dec. 31, 2014
In Thousands, unless otherwise specified
Schedule Of Defined Contribution Plans Disclosures [Line Items]
2015	$144
2016	137
2017	264
2018	388
2019	377
2020 through 2024	1,909
Expected Benefit Payments
Schedule Of Defined Contribution Plans Disclosures [Line Items]
2015	232
2016	252
2017	258
2018	274
2019	288
2020 through 2024	$1,706

Components_of_Inventory_Detail

Components of Inventory (Detail) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Inventory [Line Items]
Finished goods	$134,564	$108,340
Work in process	1,887	1,966
Raw materials	1,473	2,485
Total	$137,924	$112,791

Property_and_Equipment_Detail

Property and Equipment (Detail) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Property, Plant and Equipment [Line Items]
Machinery, furniture and equipment	$85,556	$79,132
Leasehold improvements	28,056	26,959
Building and improvements	1,604	1,604
Construction in progress	1,108	104
Land	100	100
Property plant and equipment gross	116,424	107,899
Less: accumulated depreciation and amortization	-89,623	-80,201
Total	$26,801	$27,698

Other_Additional_Information_D

Other - Additional Information (Detail) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Certain Asset Accounts [Line items]
Depreciation and amortization expense	$7,700,000	$7,700,000	$7,800,000
Machinery, furniture and equipment	85,556,000	79,132,000
Accumulated Depreciation and amortization	89,623,000	80,201,000
Assets Held under Capital Leases
Certain Asset Accounts [Line items]
Machinery, furniture and equipment	2,100,000	2,100,000
Accumulated Depreciation and amortization	$2,000,000	$1,900,000

Accrued_Expenses_Detail

Accrued Expenses (Detail) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Accrued Liabilities [Line Items]
Customer allowances and rebates	$12,314	$11,756
Compensation and benefits	9,412	11,781
Interest	224	98
Vendor invoices	3,071	5,135
Royalties	2,266	2,567
Commissions	1,222	1,245
Freight	1,519	1,419
Professional fees	1,527	1,170
VAT	1,400	533
Contingent consideration related to acquisitions		1,647
Other	4,006	3,490
Total	36,961	41,095
Fred & Friends
Accrued Liabilities [Line Items]
Working capital excess		$254

Deferred_Rent_and_Other_Long_T

Deferred Rent and Other Long Term Liabilities (Detail) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Schedule Of Other Liabilities Noncurrent [Line Items]
Deferred rent liability	$9,530	$9,737
Retirement benefit obligations	6,776	5,212
Contingent consideration related to acquisitions	3,286	3,647
Compensation guarantees	542
Derivative liability	26	48
Total	$20,160	$18,644

Supplemental_Cash_Flow_Informa

Supplemental Cash Flow Information (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Supplemental disclosure of cash flow information:
Cash paid for interest	$5,035	$4,115	$5,498
Cash paid for taxes	4,912	10,862	6,067
Non-cash investing activities:
Translation adjustment	($4,736)	($140)	$3,077

Components_of_Accumulated_Othe

Components of Accumulated Other Comprehensive Loss, Net (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014		Dec. 31, 2013		Dec. 31, 2012
Accumulated translation adjustment:
Balance at beginning of year	($2,944)		($2,804)		($5,881)
Translation adjustment during period	-4,736		-140		3,077
Balance at end of year	-7,680		-2,944		-2,804
Accumulated effect of retirement benefit obligations:
Balance at beginning of year	-745		-1,160
Net gain (loss) arising from retirement benefit obligations, net of tax	-1,507		361		-1,187
Amounts reclassified from accumulated other comprehensive loss:
Amortization of loss, net of tax	28	[1]	54	[1]	27	[1]
Balance at end of year	-2,224		-745		-1,160
Accumulated deferred gains (losses) on cash flow hedges:
Balance at beginning of year	-31	[2]	-272	[2]
Derivative fair value adjustment, net of tax	13		241		-272
Balance at end of year	($18)	[2]	($31)	[2]	($272)	[2]
[1]	Amount is recorded in selling, general and administrative expenses on the consolidated statements of operations.
[2]	No amounts were reclassified out of accummulared other comprehensive loss. Amounts reclassifed would be recorded in interest expense on the consolidated statements of operations.

Subsequent_Events_Additional_I

Subsequent Events Additional Information (Detail) (Subsequent Event, Revolving Credit Facility, Amendment No. 2)	Feb. 28, 2015
At each fiscal quarter end in 2015
Subsequent Event [Line Items]
Senior leverage ratio	400.00%
For each fiscal quarter ending thereafter
Subsequent Event [Line Items]
Senior leverage ratio	325.00%
Maximum | For the fiscal quarter ended December 31, 2014
Subsequent Event [Line Items]
Senior leverage ratio	425.00%

Valuation_and_Qualifying_Accou1

Valuation and Qualifying Accounts (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014		Dec. 31, 2013		Dec. 31, 2012
Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at beginning of period	$5,209		$3,996		$4,602
Additions Due to acquisitions	469				246
Additions Charged to costs and expenses	11,397		6,264		6,841
Deductions	-10,412		-5,051		-7,693
Balance at end of period	6,663		5,209		3,996
Allowance for Doubtful Accounts
Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at beginning of period	473		361		328
Additions Due to acquisitions	119				67
Additions Charged to costs and expenses	401		260		181
Deductions	-178	[1]	-148	[1]	-215	[1]
Balance at end of period	815		473		361
Allowance for Sales Returns
Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at beginning of period	4,736		3,635		4,274
Additions Due to acquisitions	350				179
Additions Charged to costs and expenses	10,996	[2]	6,004	[2]	6,660	[2]
Deductions	-10,234	[3]	-4,903	[3]	-7,478	[3]
Balance at end of period	$5,848		$4,736		$3,635
[1]	Uncollectible accounts written off, net of recoveries.
[2]	Charged to net sales.
[3]	Allowances granted.