XML 59 R49.htm IDEA: XBRL DOCUMENT v3.23.3
Debt - Asset-Based Credit Facility (Details)
$ in Millions
9 Months Ended
Sep. 30, 2023
USD ($)
Dec. 31, 2022
USD ($)
Sep. 09, 2022
USD ($)
Jul. 27, 2020
USD ($)
Asset-based revolving credit facility due 2027        
Line of Credit Facility [Line Items]        
Maximum borrowing capacity     $ 400.0  
Commitment fee rate 0.20%      
Borrowings outstanding $ 0.0 $ 0.0    
Letters of credit outstanding $ 4.1 $ 3.8    
Asset-based revolving credit facility due 2027 | Term Secured Overnight Financing Rate (SOFR)        
Line of Credit Facility [Line Items]        
Credit spread adjustment on variable rate 0.10%      
Asset-based revolving credit facility due 2027 | Minimum | Term Secured Overnight Financing Rate (SOFR)        
Line of Credit Facility [Line Items]        
Basis spread on variable interest rate 1.25%      
Asset-based revolving credit facility due 2027 | Minimum | Base Rate        
Line of Credit Facility [Line Items]        
Basis spread on variable interest rate 0.25%      
Asset-based revolving credit facility due 2027 | Maximum | Term Secured Overnight Financing Rate (SOFR)        
Line of Credit Facility [Line Items]        
Basis spread on variable interest rate 1.50%      
Asset-based revolving credit facility due 2027 | Maximum | Base Rate        
Line of Credit Facility [Line Items]        
Basis spread on variable interest rate 0.50%      
Asset-based credit facility term loan due 2027        
Line of Credit Facility [Line Items]        
Face amount     $ 50.0  
Average interest rate 6.75%      
Effective average net interest rate 5.80%      
Asset-based credit facility term loan due 2027 | Term Secured Overnight Financing Rate (SOFR)        
Line of Credit Facility [Line Items]        
Credit spread adjustment on variable rate 0.10%      
Asset-based credit facility term loan due 2027 | Minimum | Term Secured Overnight Financing Rate (SOFR)        
Line of Credit Facility [Line Items]        
Basis spread on variable interest rate 1.75%      
Asset-based credit facility term loan due 2027 | Minimum | Base Rate        
Line of Credit Facility [Line Items]        
Basis spread on variable interest rate 0.75%      
Asset-based credit facility term loan due 2027 | Maximum | Term Secured Overnight Financing Rate (SOFR)        
Line of Credit Facility [Line Items]        
Basis spread on variable interest rate 2.00%      
Asset-based credit facility term loan due 2027 | Maximum | Base Rate        
Line of Credit Facility [Line Items]        
Basis spread on variable interest rate 1.00%      
4.875% senior notes due 2030 | Senior Notes        
Line of Credit Facility [Line Items]        
Face amount       $ 400.0
Interest rate       4.875%
Asset Based Credit Facility        
Line of Credit Facility [Line Items]        
Fixed charge coverage ratio requirement, if availability falls below 10% of line cap 1      
Threshold of availability as a percentage of line cap, below which 1:1 fixed charge coverage ratio must be met 0.10      
Threshold of availability, below which 1:1 fixed charge coverage ratio must be met $ 35.0      
Current availability $ 395.9      
Dividend restriction, single threshold, percentage of line cap 0.20      
Dividend restriction, single threshold, amount $ 75.0      
Dividend restriction, combination thresholds, percentage of line cap 0.15      
Dividend restriction, combination thresholds, amount $ 55.0      
Dividend restriction, combination thresholds, fixed-charge coverage ratio 1