XML 105 R65.htm IDEA: XBRL DOCUMENT v3.22.1
DEBT - Narrative (Details) - USD ($)
12 Months Ended
Jun. 17, 2021
Aug. 24, 2020
Mar. 31, 2022
Mar. 31, 2021
Jun. 24, 2021
Jun. 23, 2021
Debt Instrument [Line Items]            
Maximum expanded loan facility     $ 909,000,000      
Percentage of consolidated EBITDA required     100.00%      
Maximum net secured leverage ratio     350.00%      
Cash Flow Hedging | Interest Rate Swap | Designated as Hedging Instrument            
Debt Instrument [Line Items]            
Notional amount of interest rate swap     $ 700,000,000      
London Interbank Offered Rate (LIBOR)            
Debt Instrument [Line Items]            
Long-term debt, basis spread on variable rate     1.00%      
Overnight Federal Funds Rate            
Debt Instrument [Line Items]            
Long-term debt, basis spread on variable rate     0.50%      
Secured Debt | London Interbank Offered Rate (LIBOR) | Minimum            
Debt Instrument [Line Items]            
Long-term debt, basis spread on variable rate     0.00%      
Letter of Credit            
Debt Instrument [Line Items]            
Revolving credit facility, maximum borrowing capacity     $ 200,000,000   $ 200,000,000 $ 100,000,000
Term Loan A            
Debt Instrument [Line Items]            
Long-term debt outstanding     1,241,398,000      
Interest paid     $ 19,600,000 $ 23,600,000    
Term Loan A | London Interbank Offered Rate (LIBOR) | Minimum            
Debt Instrument [Line Items]            
Long-term debt, basis spread on variable rate     1.125%      
Term Loan A | London Interbank Offered Rate (LIBOR) | Maximum            
Debt Instrument [Line Items]            
Long-term debt, basis spread on variable rate     2.00%      
Term Loan A | Alternative Base Rate (ABR) | Minimum            
Debt Instrument [Line Items]            
Long-term debt, basis spread on variable rate     0.125%      
Term Loan A | Alternative Base Rate (ABR) | Maximum            
Debt Instrument [Line Items]            
Long-term debt, basis spread on variable rate     1.00%      
Term Loan A | Secured Debt            
Debt Instrument [Line Items]            
Long-term debt outstanding     $ 1,241,398,000 1,289,764,000   1,289,800,000
Quarterly periodic payment percentage, principal     1.25%      
Revolving Credit Facility            
Debt Instrument [Line Items]            
Long-term debt outstanding         $ 1,000,000,000 $ 500,000,000
Revolving credit facility, maximum borrowing capacity     $ 1,000,000,000      
Revolving Credit Facility | Secured Debt | Minimum            
Debt Instrument [Line Items]            
Commitment fee percentage     0.175%      
Revolving Credit Facility | Secured Debt | Maximum            
Debt Instrument [Line Items]            
Commitment fee percentage     0.35%      
Term Loan B            
Debt Instrument [Line Items]            
Long-term debt outstanding     $ 380,321,000      
Interest paid     $ 7,200,000 7,800,000    
Term Loan B | London Interbank Offered Rate (LIBOR)            
Debt Instrument [Line Items]            
Long-term debt, basis spread on variable rate     1.75%      
Term Loan B | Alternative Base Rate (ABR)            
Debt Instrument [Line Items]            
Long-term debt, basis spread on variable rate     0.75%      
Term Loan B | Secured Debt            
Debt Instrument [Line Items]            
Long-term debt outstanding     $ 380,321,000 384,212,000    
Quarterly periodic payment percentage, principal     0.25%      
Senior Notes due 2029 | Senior Notes            
Debt Instrument [Line Items]            
Long-term debt outstanding     $ 500,000,000 0    
Face amount of debt $ 500,000,000 $ 700,000,000        
Stated interest rate 4.00% 3.875%        
Redemption price (as a percent) 104.00%          
Percentage of principal amount outstanding (as a percent) 50.00%          
Redemption of principal, redemption period 180 days          
Debt issuance costs $ 6,500,000          
Senior Notes due 2028 | Senior Notes            
Debt Instrument [Line Items]            
Long-term debt outstanding     $ 700,000,000 $ 700,000,000    
Redemption price (as a percent)   103.88%        
Percentage of principal amount outstanding (as a percent)   50.00%        
Redemption of principal, redemption period   180 days        
Debt issuance costs   $ 9,200,000        
Period One | Senior Notes due 2029 | Senior Notes            
Debt Instrument [Line Items]            
Redemption of principal amount (as a percent) 100.00%          
Redemption price (as a percent) 40.00%          
Period One | Senior Notes due 2028 | Senior Notes            
Debt Instrument [Line Items]            
Redemption of principal amount (as a percent)   100.00%        
Redemption price (as a percent)   40.00%        
Period Two | Senior Notes due 2029 | Senior Notes            
Debt Instrument [Line Items]            
Redemption of principal amount (as a percent) 102.00%          
Period Two | Senior Notes due 2028 | Senior Notes            
Debt Instrument [Line Items]            
Redemption of principal amount (as a percent)   101.94%        
Period Three | Senior Notes due 2029 | Senior Notes            
Debt Instrument [Line Items]            
Redemption of principal amount (as a percent) 101.00%          
Period Three | Senior Notes due 2028 | Senior Notes            
Debt Instrument [Line Items]            
Redemption of principal amount (as a percent)   100.97%        
Period Four | Senior Notes due 2029 | Senior Notes            
Debt Instrument [Line Items]            
Redemption of principal amount (as a percent) 100.00%          
Period Four | Senior Notes due 2028 | Senior Notes            
Debt Instrument [Line Items]            
Redemption of principal amount (as a percent)   100.00%