XML 76 R57.htm IDEA: XBRL DOCUMENT v3.22.2
Senior Notes and Loans Payable - Narrative (Detail) - USD ($)
1 Months Ended 3 Months Ended 6 Months Ended
Jun. 29, 2022
Jun. 30, 2020
Jun. 30, 2017
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Dec. 31, 2021
Jun. 10, 2021
Debt Instrument                  
Capitalization of deferred finance costs       $ 7,238,000   $ 7,238,000   $ 5,412,000  
Accrued interest       7,689,000   7,689,000   6,189,000  
Loans payable       250,000,000   250,000,000   250,504,000  
Interest incurred       28,789,000 $ 22,558,000 57,342,000 $ 43,737,000    
Amortization of deferred financing costs       1,100,000 $ 1,100,000 2,300,000 $ 2,200,000    
Senior notes                  
Debt Instrument                  
Capitalization of deferred finance costs       9,000,000   9,000,000   10,200,000  
Accrued interest       $ 3,200,000   $ 3,200,000   3,200,000  
5.700% Senior Notes due June 15, 2028 | Senior notes                  
Debt Instrument                  
Aggregate principal amount   $ 350,000,000              
Interest rate on debt instrument (percent)   5.70%   5.70%   5.70%      
Debt issuance, percentage of aggregate principal (percent)   100.00%              
Proceeds from issuance of senior notes, net   $ 345,200,000              
5.250% Senior Notes due June 1, 2027 | Senior notes                  
Debt Instrument                  
Aggregate principal amount     $ 300,000,000            
Interest rate on debt instrument (percent)     5.25% 5.25%   5.25%      
Debt issuance, percentage of aggregate principal (percent)     100.00%            
Proceeds from issuance of senior notes, net     $ 296,300,000            
5.875% Senior Notes due June 15, 2024 | Senior notes                  
Debt Instrument                  
Aggregate principal amount     $ 450,000,000            
Interest rate on debt instrument (percent)     5.875% 5.875%   5.875%      
Proceeds from issuance of senior notes, net     $ 429,000,000            
Notes issue price as a percentage of principal amount     98.15%            
Revolving Facility | The Revolving Facility                  
Debt Instrument                  
Maximum borrowing capacity under facility $ 750,000,000               $ 650,000,000
Seller Financed Loans | The Revolving Facility                  
Debt Instrument                  
Capitalization of deferred finance costs       $ 7,200,000   $ 7,200,000      
Accrued interest       723,000   723,000   570,000  
Loans payable       0   0      
Available secured revolving credit facility       667,500,000   667,500,000      
Seller Financed Loans | The Revolving Facility | Minimum                  
Debt Instrument                  
Debt instrument variable interest rate (percent) 1.25%                
Seller Financed Loans | The Revolving Facility | Maximum                  
Debt Instrument                  
Debt instrument variable interest rate (percent) 1.90%                
Seller Financed Loans | Letters of Credit                  
Debt Instrument                  
Maximum borrowing capacity under facility $ 150,000,000               $ 100,000,000
Outstanding letters of credit       $ 82,500,000   $ 82,500,000   48,900,000  
Revolving Facility and Term Loan Facility                  
Debt Instrument                  
Line of credit facility, potential maximum borrowing capacity under specified conditions $ 1,200,000,000                
Consolidated tangible net worth attributed to Company required under covenants (percent)       95.00%   95.00%      
Term Loan Facility | Term Loan Facility                  
Debt Instrument                  
Loans payable       $ 250,000,000   $ 250,000,000   $ 250,000,000  
Borrowing capacity of credit facility       $ 250,000,000   $ 250,000,000      
Interest rate of outstanding debt (percent)       2.16%   2.16%      
Term Loan Facility | Term Loan Facility | Minimum                  
Debt Instrument                  
Debt instrument variable interest rate (percent) 1.10%                
Term Loan Facility | Term Loan Facility | Maximum                  
Debt Instrument                  
Debt instrument variable interest rate (percent) 1.85%