{"filing":{"accession_number":"0000874396-26-000046","cik":"0000874396","ticker":"LCUT","company_name":"LIFETIME BRANDS, INC","form":"8-K","filing_date":"2026-08-20","report_date":"2026-08-17","primary_document":"lcut-20260817.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/874396/000087439626000046/lcut-20260817.htm"},"events":[{"id":28854,"run_id":26408,"accession_number":"0000874396-26-000046","anchor_item_number":"2.03","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.93,"summary":"On August 17, 2026, Lifetime Brands completed a refinancing transaction consisting of Amendment No. 3 to its $200 million asset-based revolving credit facility (extended to August 2031) and a new $60 million second lien term loan from Pathlight Capital (also maturing August 2031). The refinancing extends the company's debt maturity profile and enhances financial flexibility.","company_name":"LIFETIME BRANDS, INC","ticker":"LCUT","filing_date":"2026-08-20","form":"8-K","submitted_at":null,"items":[{"id":30916,"accession_number":"0000874396-26-000046","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"The Company entered into two material debt arrangements on August 17, 2026: (1) Amendment No. 3 to its ABL Credit Agreement, extending the $200 million revolving credit facility to August 2031, and (2) a new $60 million second lien term loan from Pathlight Capital, also maturing August 2031. These represent the creation of new direct financial obligations and refinancing of existing debt, which is the core definition of debt_issuance. The press release emphasizes this as a \"refinancing\" that \"extends our debt maturity\" and \"enhances our financial flexibility,\" confirming the material nature of the transaction.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-20T20:09:20.952358+00:00","company_name":"","ticker":null,"filing_date":""},{"id":30917,"accession_number":"0000874396-26-000046","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"The filing discloses the completion of a refinancing involving creation of a new $60 million second lien term loan from Pathlight Capital and amendment and extension of a $200 million asset-based revolving credit facility, both maturing in August 2031. This represents the creation of new direct financial obligations, which is the core definition of debt_issuance under Item 2.03. The refinancing extends debt maturity and enhances financial flexibility, making it material to investors assessing the company's capital structure and liquidity.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-20T20:09:20.952358+00:00","company_name":"","ticker":null,"filing_date":""},{"id":30918,"accession_number":"0000874396-26-000046","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"The filing discloses completion of a $60 million second lien term loan and amendment and extension of a $200 million ABL facility, both maturing in August 2031. This represents creation of new direct financial obligations and refinancing of existing debt facilities, which falls squarely within debt_issuance. The CEO's statement that this \"extends our debt maturity, enhances our financial flexibility\" and \"positions us well to invest in our operations\" confirms the material nature of this refinancing activity.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-20T20:09:20.952358+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":30916,"accession_number":"0000874396-26-000046","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"The Company entered into two material debt arrangements on August 17, 2026: (1) Amendment No. 3 to its ABL Credit Agreement, extending the $200 million revolving credit facility to August 2031, and (2) a new $60 million second lien term loan from Pathlight Capital, also maturing August 2031. These represent the creation of new direct financial obligations and refinancing of existing debt, which is the core definition of debt_issuance. The press release emphasizes this as a \"refinancing\" that \"extends our debt maturity\" and \"enhances our financial flexibility,\" confirming the material nature of the transaction.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-20T20:09:20.952358+00:00","company_name":"LIFETIME BRANDS, INC","ticker":"LCUT","filing_date":"2026-08-20"},{"id":30917,"accession_number":"0000874396-26-000046","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"The filing discloses the completion of a refinancing involving creation of a new $60 million second lien term loan from Pathlight Capital and amendment and extension of a $200 million asset-based revolving credit facility, both maturing in August 2031. This represents the creation of new direct financial obligations, which is the core definition of debt_issuance under Item 2.03. The refinancing extends debt maturity and enhances financial flexibility, making it material to investors assessing the company's capital structure and liquidity.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-20T20:09:20.952358+00:00","company_name":"LIFETIME BRANDS, INC","ticker":"LCUT","filing_date":"2026-08-20"},{"id":30918,"accession_number":"0000874396-26-000046","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"The filing discloses completion of a $60 million second lien term loan and amendment and extension of a $200 million ABL facility, both maturing in August 2031. This represents creation of new direct financial obligations and refinancing of existing debt facilities, which falls squarely within debt_issuance. The CEO's statement that this \"extends our debt maturity, enhances our financial flexibility\" and \"positions us well to invest in our operations\" confirms the material nature of this refinancing activity.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-20T20:09:20.952358+00:00","company_name":"LIFETIME BRANDS, INC","ticker":"LCUT","filing_date":"2026-08-20"}]}