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v3.19.1

Debt and Credit Arrangements - Credit Agreements (Details) |  |  | 12 Months Ended
--- | --- | --- | ---
Oct. 09, 2018 USD ($) $ / shares | Aug. 30, 2017 USD ($) item | Dec. 30, 2018 USD ($) | Dec. 31, 2017 USD ($) | Dec. 25, 2016 USD ($)
Debt |  |  |  |  |
Outstanding debt |  |  | $ 625,000,000 | $ 470,000,000 |
Dividends paid |  |  | 28,985,000 | 30,720,000 | $ 27,896,000
Debt issuance costs |  |  | 3,874,000 | $ 3,435,000 |
Credit Agreement |  |  |  |  |
Debt |  |  |  |  |
Outstanding debt |  |  | 625,000,000 |  |
Number of quarters in interest margin period | item |  | 4 |  |  |
Line of credit facility, remaining availability |  |  | 110,000,000 |  |
Credit Agreement | Maximum | Option to increase the Revolving Facility or the Term Loan Facility |  |  |  |  |
Debt |  |  |  |  |
Leverage Ratio |  | 4.00 |  |  |
Additional amount that company has option to increase borrowing capacity |  | $ 300,000,000 |  |  |
Credit Agreement | LIBOR | Minimum |  |  |  |  |
Debt |  |  |  |  |
Interest margin rate on debt |  | 1.25% |  |  |
Credit Agreement | LIBOR | Maximum |  |  |  |  |
Debt |  |  |  |  |
Interest margin rate on debt |  | 2.50% |  |  |
Credit Agreement | Base rate | Minimum |  |  |  |  |
Debt |  |  |  |  |
Interest margin rate on debt |  | 0.25% |  |  |
Credit Agreement | Base rate | Maximum |  |  |  |  |
Debt |  |  |  |  |
Interest margin rate on debt |  | 1.50% |  |  |
Amendment to Credit Agreement |  |  |  |  |
Debt |  |  |  |  |
Unamortized debt issuance costs | $ 560,000 |  |  |  |
Incurred amendment fees | $ 1,900,000 |  |  |  |
Amendment to Credit Agreement | Leverage Ratio is greater than 3.50 to 1.00 but less than 4.50 to 1.00 |  |  |  |  |
Debt |  |  |  |  |
Interest margin rate on debt | 0.25% |  |  |  |
Amendment to Credit Agreement | Leverage Ratio is greater than 4.50 to 1.00 |  |  |  |  |
Debt |  |  |  |  |
Interest margin rate on debt | 0.50% |  |  |  |
Amendment to Credit Agreement | Minimum | Modification of financial covenants beginning in the third quarter of 2018 |  |  |  |  |
Debt |  |  |  |  |
Fixed charge coverage ratio | 2.00 |  |  |  |
Amendment to Credit Agreement | Minimum | Modification of financial covenants in 2021 and thereafter |  |  |  |  |
Debt |  |  |  |  |
Fixed charge coverage ratio | 2.50 |  |  |  |
Amendment to Credit Agreement | Minimum | Leverage Ratio is greater than 3.50 to 1.00 but less than 4.50 to 1.00 |  |  |  |  |
Debt |  |  |  |  |
Leverage Ratio | 3.50 |  |  |  |
Amendment to Credit Agreement | Minimum | Leverage Ratio is greater than 4.50 to 1.00 |  |  |  |  |
Debt |  |  |  |  |
Leverage Ratio | 4.50 |  |  |  |
Amendment to Credit Agreement | Maximum | Modification of financial covenants beginning in the third quarter of 2018 |  |  |  |  |
Debt |  |  |  |  |
Leverage Ratio | 5.25 |  |  |  |
Amendment to Credit Agreement | Maximum | Modification of financial covenants by 2022 |  |  |  |  |
Debt |  |  |  |  |
Leverage Ratio | 4.00 |  |  |  |
Amendment to Credit Agreement | Maximum | Ability to make dividends and distributions based on Leverage Ratio |  |  |  |  |
Debt |  |  |  |  |
Leverage Ratio | 3.75 |  |  |  |
Quarterly dividend paid per common share (in dollars per share) | $ / shares | $ 0.225 |  |  |  |
Dividends paid | $ 35,000,000 |  |  |  |
Amendment to Credit Agreement | Maximum | Removal of interest rate pricing tiers |  |  |  |  |
Debt |  |  |  |  |
Leverage Ratio | 1.50 |  |  |  |
Amendment to Credit Agreement | Maximum | Leverage Ratio is greater than 3.50 to 1.00 but less than 4.50 to 1.00 |  |  |  |  |
Debt |  |  |  |  |
Leverage Ratio | 4.50 |  |  |  |
Revolving line of credit | Credit Agreement |  |  |  |  |
Debt |  |  |  |  |
Line of credit facility, maximum borrowing capacity |  | $ 600,000,000 |  |  |
Outstanding debt |  |  | 250,000,000 |  |
Line of credit facility, maximum borrowing capacity of foreign currencies |  | 35,000,000 |  |  |
Revolving line of credit | Amendment to Credit Agreement |  |  |  |  |
Debt |  |  |  |  |
Line of credit facility, maximum borrowing capacity | $ 400,000,000 |  |  |  |
Revolving line of credit | Amendment to Credit Agreement | Leverage Ratio is greater than 3.50 to 1.00 but less than 4.50 to 1.00 |  |  |  |  |
Debt |  |  |  |  |
Percentage of commitment fee on unused credit facility | 0.05% |  |  |  |
Revolving line of credit | Amendment to Credit Agreement | Leverage Ratio is greater than 4.50 to 1.00 |  |  |  |  |
Debt |  |  |  |  |
Percentage of commitment fee on unused credit facility | 0.10% |  |  |  |
Term Loan Facility | Credit Agreement |  |  |  |  |
Debt |  |  |  |  |
Outstanding debt |  | 400,000,000 | $ 375,000,000 |  |
Quarterly amortization payment |  | $ 5,000,000 |  |  |

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- Definition Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (b)(1) -URI http://asc.fasb.org/extlink&oid=109500613&loc=SL6031897-161870 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(16)) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 + Details
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