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Long-Term Debt (Narrative) (Details) - USD ($) $ in Thousands | 1 Months Ended | 9 Months Ended |
--- | --- | --- | ---
Apr. 15, 2021 | Oct. 02, 2021 | Jan. 02, 2021
Debt Instrument [Line Items] |  |  |
Lessee, finance lease, description |  | During the first three quarters of 2021, the Company recognized additional finance lease liabilities of $29.9 million in the aggregate, together with a corresponding amount of right-of-use assets recorded in property, plant and equipment, related to the addition of new plant-based beverage and ingredient extraction processing and packaging equipment. The finance leases have implicit rates of interest of 8.08% to 8.85% and lease terms of five years. |
Finance lease liabilities |  | $ 42,801 | $ 18,813
Equipment and leasehold improvements [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Finance lease liabilities |  | $ 29,900 |
Eden Prairie, MN executive office and innovation center [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Lessee, finance lease, description |  | On August 4, 2021, the Company entered into a finance lease agreement providing for up to $14 million of financing for equipment and leasehold improvements to be installed in connection with the build-out of the Company's new executive office and innovation center located in Eden Prairie, Minnesota. The facility will be occupied under a 12-year building operating lease, with two five-year extension options. As at October 2, 2021, the Company recognized an operating lease right-of-use asset and corresponding liability for $5.0 million related to the building lease, as the Company has possession of the premises to complete the build-out construction. The Company recognizes costs incurred related to the build-out as construction in process in property, plant and equipment, with a finance lease liability recognized in long-term debt for the amount funded to-date under the build-out lease, which amounted to $0.8 million as at October 2, 2021. The build-out lease has an implicit rate of interest of 6.82% and a term of 48 months following completion of construction. The Company may purchase the build-out assets for a nominal amount at the end of the lease term. |
Finance lease liability recognized long-term debt |  | $ 800 |
Eden Prairie, MN executive office and innovation center [Member] | Maximum [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Finance lease liabilities |  | $ 14,000 |
Midlothian, TX plant-based beverage facility [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Lessee, finance lease, description |  | On September 7, 2021, the Company entered into two finance lease agreements providing for up to $50 million of total financing for equipment and leasehold improvements to be installed in connection with the build-out of the Company's new plant-based beverage facility under construction in Midlothian, Texas. The facility will be occupied under a 15-year building operating lease, with three five-year extension options. The build-out leases do not include the manufacturing equipment for the facility, which the Company expects to finance primarily with borrowings under the Term Loan Facility (as described under (1) above). The Company recognizes costs incurred related to the build-out as construction in process in property, plant and equipment, with a finance lease liability recognized in long-term debt for the amount funded to-date under the build-out leases, which amounted to $0.9 million as at October 2, 2021. The build-out leases have an implicit rate of interest of 6.45% and a term of 48 months following completion of construction. The Company may purchase the build-out assets for a nominal amount at the end of the lease term. |
Finance lease liability recognized long-term debt |  | $ 900 |
Midlothian, TX plant-based beverage facility [Member] | Maximum [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Finance lease liabilities |  | 50,000 |
Tranche A Subfacility [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Line of credit facility, maximum borrowing capacity |  | $ 250,000 |
Line of credit facility, interest rate description |  | Borrowings under the Asset-Based Credit Facilities bear interest based on various reference rates including LIBOR plus an applicable margin. With respect to loans under the Tranche A Subfacility, the applicable margin is set quarterly based on average borrowing availability for the preceding fiscal quarter and will range from 0.50% to 1.00% for base rate borrowings and from 1.50% to 2.00% for eurocurrency rate, bankers' acceptance rate and European base rate borrowings, with a reduction of 0.25% when the Company's total leverage ratio is less than a specific threshold on or after the one-year anniversary of the closing date of the Asset-Based Credit Facilities. Borrowings under the Tranche B Subfacility bear interest based on various reference rates including LIBOR plus an applicable margin ranging from 2.50% to 3.00%, with a reduction of 0.25% when the Company's total leverage ratio is less than a specific threshold on or after the one-year anniversary of the closing date of the Asset-Based Credit Facilities. With respect to loans under the Term Loan Facility, the applicable margin will be set quarterly based on average borrowing availability for the preceding fiscal quarter and will range from 1.25% to 1.75% for base rate borrowings and from 2.25% to 2.75% for eurocurrency rate, bankers' acceptance rate and European base rate borrowings. In addition to paying interest on outstanding principal under the Asset-Based Credit Facilities, the Company is required to pay commitment fees quarterly, in arrears, equal to (i) 0.25% of the average daily undrawn portion of the Revolving Credit Facilities and (ii) 0.375% of the undrawn portion of the Term Loan Facility. For the three quarters ended October 2, 2021, the weighted-average interest rate on all outstanding borrowings under the Revolving Credit Facilities was 2.35%. |
Line of Credit Facility, Covenant Terms |  | The Asset-Based Credit Facilities are subject to a number of covenants that, among other things, restrict the Company's ability to create liens on assets; sell assets and enter in sale and leaseback transactions; pay dividends, prepay junior lien and unsecured indebtedness and make other restricted payments; incur additional indebtedness, including finance lease obligations in excess of $150 million, and make guarantees; make investments, loans or advances, including acquisitions; and engage in mergers or consolidations. In addition, the Company and its restricted subsidiaries are required to maintain a minimum fixed charge coverage ratio of 1.0 to 1.0 if excess availability is less than the greater of (i) $15.0 million or (ii) 10% of the lesser of (x) the aggregate commitments under the Revolving Credit Facilities and (y) the aggregate borrowing base. As at October 2, 2021, the Company was in compliance with all covenants of the Credit Agreement. |
Tranche A Subfacility [Member] | Amendment To Credit Agreement [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Line of credit facility, maximum borrowing capacity |  | $ 230,000 |
Tranche A Subfacility [Member] | Amendment To Credit Agreement [Member] | Maximum [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Line of credit facility, maximum borrowing capacity |  | $ 250,000 |
Debt instrument, term |  | 5 years |
Term Loan Facility [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Line of credit facility, maximum borrowing capacity |  | $ 75,000 |
Tranche B Subfacility [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Line of credit facility, maximum borrowing capacity | $ 20,000 |  |
Debt instrument, term | 2 years |  |
Line of Credit Facility, Periodic Payment, Principal | $ 2,500 |  |

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