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v3.21.2

Debt - Credit Agreements (Details) |  | 3 Months Ended | 9 Months Ended |
--- | --- | --- | --- | ---
Sep. 14, 2021 USD ($) | Sep. 26, 2021 USD ($) | Sep. 26, 2021 USD ($) item | Dec. 27, 2020 USD ($)
Debt |  |  |  |
Outstanding debt |  | $ 425,000,000 | $ 425,000,000 | $ 350,000,000
Debt issuance costs |  | 10,085,000 | 10,085,000 | 1,708,000
Previous Credit Facility |  |  |  |
Debt |  |  |  |
Line of credit facility, maximum borrowing capacity |  | 800,000,000.0 | 800,000,000.0 |
PJI Facilities |  |  |  |
Debt |  |  |  |
Line of credit facility, maximum borrowing capacity |  | 600,000,000.0 | 600,000,000.0 |
Outstanding debt |  | 25,000,000.0 | $ 25,000,000.0 |
Number of quarters in interest margin period | item |  |  | 4 |
Line of credit facility, maximum borrowing capacity of foreign currencies |  | 50,000,000.0 | $ 50,000,000.0 |
Additional amount that company has option to increase borrowing capacity |  |  | 500,000,000.0 |
Line of credit facility, remaining availability |  | 572,300,000 | $ 572,300,000 |
PJI Facilities | Minimum |  |  |  |
Debt |  |  |  |
Percentage of commitment fee on unused credit facility |  |  | 0.18% |
PJI Facilities | Maximum |  |  |  |
Debt |  |  |  |
Percentage of commitment fee on unused credit facility |  |  | 0.30% |
PJI Facilities | LIBOR | Minimum |  |  |  |
Debt |  |  |  |
Interest margin rate on debt |  |  | 1.25% |
PJI Facilities | LIBOR | Maximum |  |  |  |
Debt |  |  |  |
Interest margin rate on debt |  |  | 2.00% |
PJI Facilities | Base rate | Minimum |  |  |  |
Debt |  |  |  |
Interest margin rate on debt |  |  | 0.25% |
PJI Facilities | Base rate | Maximum |  |  |  |
Debt |  |  |  |
Interest margin rate on debt |  |  | 1.00% |
PJI Facilities | Federal funds rate |  |  |  |
Debt |  |  |  |
Interest margin rate on debt |  |  | 0.50% |
PJI Facilities | London Interbank Offered Rate |  |  |  |
Debt |  |  |  |
Interest margin rate on debt |  |  | 1.00% |
Amendment to Credit Agreement |  |  |  |
Debt |  |  |  |
Incurred amendment fees |  | $ 2,100,000 | $ 2,100,000 |
Amendment to Credit Agreement | Minimum |  |  |  |
Debt |  |  |  |
Interest coverage ratio |  | 2.00 | 2.00 |
Amendment to Credit Agreement | Maximum |  |  |  |
Debt |  |  |  |
Leverage Ratio |  | 5.25 | 5.25 |
Increase to maximum leverage ratio |  | 0.50 | 0.50 |
PJMF Revolving Facility |  |  |  |
Debt |  |  |  |
Line of credit facility, maximum borrowing capacity |  | $ 20,000,000.0 | $ 20,000,000.0 |
Outstanding debt |  | $ 0 | $ 0 | $ 0
Applicable interest rate |  | 1.90% | 2.70% |
PJMF Revolving Facility | One-month LIBOR |  |  |  |
Debt |  |  |  |
Interest margin rate on debt |  |  | 1.75% |
Notes |  |  |  |
Debt |  |  |  |
Principal amount | $ 400,000,000.0 |  |  |
Outstanding debt |  | $ 400,000,000.0 | $ 400,000,000.0 |
Fixed interest rate | 3.875% | 3.875% | 3.875% |
Unamortized debt issuance costs | $ 7,100,000 |  |  |
Notes | Redemption at any time prior to September 15, 2024 |  |  |  |
Debt |  |  |  |
Redemption price percentage | 100.00% |  |  |
Notes | Redemption upto 40% at any time prior to September 15,2024 |  |  |  |
Debt |  |  |  |
Redemption price percentage | 103.875% |  |  |
Notes | Minimum | Redemptionat at any time on or after September 15, 2024 |  |  |  |
Debt |  |  |  |
Redemption price percentage | 0.97% |  |  |
Notes | Maximum | Redemptionat at any time on or after September 15, 2024 |  |  |  |
Debt |  |  |  |
Redemption price percentage | 1.94% |  |  |
Notes | Maximum | Redemption upto 40% at any time prior to September 15,2024 |  |  |  |
Debt |  |  |  |
Redemption percentage | 40 |  |  |
Swingline loans |  |  |  |
Debt |  |  |  |
Line of credit facility, maximum borrowing capacity |  | $ 40,000,000.0 | $ 40,000,000.0 |
Letter of credit |  |  |  |
Debt |  |  |  |
Line of credit facility, maximum borrowing capacity |  | $ 80,000,000.0 | $ 80,000,000.0 |

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