XML 81 R65.htm IDEA: XBRL DOCUMENT v3.5.0.2
LONG-TERM DEBT AND CREDIT FACILITIES - Narrative (Details)
3 Months Ended 12 Months Ended
Feb. 26, 2016
USD ($)
Jul. 31, 2015
USD ($)
May 31, 2016
USD ($)
$ / shares
Rate
May 31, 2016
USD ($)
Rate
May 31, 2015
USD ($)
May 31, 2014
USD ($)
Feb. 28, 2019
Feb. 28, 2018
Aug. 31, 2017
Feb. 28, 2017
Aug. 31, 2016
Apr. 22, 2016
USD ($)
Aug. 28, 2015
USD ($)
Oct. 31, 2014
USD ($)
Rate
Debt Instrument [Line Items]                            
Loan, face amount     $ 145,938,000 $ 145,938,000 $ 62,500,000                  
Proceeds from issuance of debt   $ 2,000,000,000                        
Payment of debt issuance costs       63,382,000 0 $ 5,961,000                
Other restrictions on payment of dividends | $ / shares     $ 0.01                      
Interest expense, debt       $ 67,900,000 39,900,000 $ 37,500,000                
2016 Credit Facility                            
Debt Instrument [Line Items]                            
Minimum interest coverage ratio     2.25 2.25                    
Secured Debt | Delayed Draw Term Loan Facility                            
Debt Instrument [Line Items]                            
Periodic payment of debt $ 1,700,000                          
Secured Debt | Delayed Draw Term Loan Facility Maturing in May 2020                            
Debt Instrument [Line Items]                            
Periodic payment of debt 8,600,000                          
Secured Debt | Term Loan B                            
Debt Instrument [Line Items]                            
Effective interest rate percentage | Rate     3.94% 3.94%                    
Periodic payment of debt 2,600,000                          
Secured Debt | Term Loan A                            
Debt Instrument [Line Items]                            
Effective interest rate percentage | Rate     2.95% 2.95%                    
Secured Debt | 2015 Term Loan due July XX, 2020                            
Debt Instrument [Line Items]                            
Loan, face amount 43,800,000                          
Unsecured Debt | Revolving Credit Facility                            
Debt Instrument [Line Items]                            
Loan, face amount   1,250,000,000.00                        
Unsecured Debt | Delayed Draw Term Loan Facility                            
Debt Instrument [Line Items]                            
Loan, face amount 735,000,000                          
Unsecured Debt | Term Loan B                            
Debt Instrument [Line Items]                            
Loan, face amount $ 1,045,000,000.000                          
Unsecured Debt | Term Loan A                            
Debt Instrument [Line Items]                            
Loan, face amount   $ 1,750,000,000.00                        
Line of Credit | Delayed Draw Term Loan Facility | LIBOR                            
Debt Instrument [Line Items]                            
Interest rate percentage at period end | Rate     2.91% 2.91%                    
Line of Credit | Revolving Credit Facility Expiring February 2019 | LIBOR                            
Debt Instrument [Line Items]                            
Interest rate percentage at period end | Rate                           1.52%
Line of Credit | Corporate Credit Facility                            
Debt Instrument [Line Items]                            
Fair value of amount outstanding     $ 1,037,000,000 $ 1,037,000,000                    
Lines of credit facility, available borrowings     204,500,000 204,500,000 484,300,000                  
Standby Letters of Credit | Revolving Credit Facility Expiring February 2019                            
Debt Instrument [Line Items]                            
Maximum borrowing capacity     100,000,000 100,000,000                    
Standby Letters of Credit | Corporate Credit Facility                            
Debt Instrument [Line Items]                            
Fair value of amount outstanding     8,500,000 8,500,000 7,600,000                  
Interest Rate Swap                            
Debt Instrument [Line Items]                            
Derivative, amount of hedged item                         $ 250,000,000 $ 500,000,000
Accumulated other comprehensive income related to interest rate swap       5,900,000                    
Not designated as hedging instrument | Interest Rate Swap                            
Debt Instrument [Line Items]                            
Derivative, fixed interest rate                         1.34%  
Line of Credit                            
Debt Instrument [Line Items]                            
Maximum borrowing capacity     659,100,000 659,100,000                    
Lines of credit facility, available borrowings     733,200,000 733,200,000                    
Repayments of lines of credit       42,900,000                    
Amount outstanding under lines of credit, current     $ 378,400,000 $ 378,400,000 $ 592,600,000                  
Short term debt, weighted average interest rate     1.80% 1.80% 1.50%                  
Line of credit facility, average outstanding amount       $ 302,600,000                    
Heartland Payment Systems, Inc                            
Debt Instrument [Line Items]                            
Maximum borrowing capacity                       $ 4,780,000,000    
Scenario, Forecast [Member] | 2016 Credit Facility                            
Debt Instrument [Line Items]                            
Maximum covenant leverage ratio             4.00 4.25 4.5 4.75 5.0