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Lifetime Brands LCUT Impairment Charges
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Where this comes from
Reported directly by Lifetime Brands in its filing.
Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.
The source filing: Lifetime Brands’s 10-Q, filed August 6, 2026.
- Filed
- Aug 6, 2026, 4:13 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0000874396-26-000043
| Line item | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
|---|---|---|---|---|
| Gross margin | 93,239 | 50,839 | 147,408 | 101,476 |
| Distribution expenses | 20,095 | 17,314 | 37,678 | 35,384 |
| Selling, general and administrative expenses | 39,539 | 37,495 | 76,325 | 68,963 |
| Goodwill impairment | — | 33,237 | — | 33,237 |
| Restructuring expenses | 1,980 | — | 4,010 | — |
| Income (loss) from operations | 31,625 | (37,207) | 29,395 | (36,108) |
| Interest expense | (4,122) | (5,054) | (8,634) | (9,969) |
| Mark to market gain (loss) on interest rate derivatives | 210 | (220) | 504 | (747) |
Item 1. Financial Statements
FAQ
- What is Lifetime Brands's impairment charges?
- Lifetime Brands (LCUT) reported impairment charges of $0 in Q2 2026.
- How has Lifetime Brands's impairment charges changed year-over-year?
- Lifetime Brands's impairment charges decreased by 100.0% year-over-year, from $33.24M to $0.
- What is the long-term trend for Lifetime Brands's impairment charges?
- Over 2 years (2021 to 2023), Lifetime Brands's impairment charges has grown at a -100.0% compound annual growth rate (CAGR), from $14.76M to $0.
- What does impairment charges mean?
- Non-cash asset impairment charges added back in the operating cash flow reconciliation since they don't represent cash outflows.
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