XML 63 R53.htm IDEA: XBRL DOCUMENT v3.23.1
DEBT - Credit Facilities (Details)
 3 Months Ended
Mar. 24, 2023
USD ($)
Jun. 30, 2022
USD ($)
Mar. 10, 2022
USD ($)
Mar. 03, 2021
USD ($)
Aug. 18, 2020
USD ($)
Mar. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Mar. 03, 2020
USD ($)
Line of Credit Facility [Line Items]                
Letters of credit outstanding           $ 7,200,000 $ 8,300,000  
Term Loan Facility, Term B Loan | Minimum | Prime Rate                
Line of Credit Facility [Line Items]                
Basis spread on variable rate   0.50%            
Term Loan Facility, Term B Loan | Maximum | Prime Rate                
Line of Credit Facility [Line Items]                
Basis spread on variable rate   3.50%            
2020 Term Loan                
Line of Credit Facility [Line Items]                
Quarterly principal payment amount       $ 74,600,000        
Write off of capitalized debt issuance costs           2,500,000    
Repayment of debt per quarter through March 31, 2024   $ 5,000,000            
Repayment of debt for three quarters, thereafter   10,000,000            
Repayment of debt, final payment $ 200,300,000              
2020 Credit Facility                
Line of Credit Facility [Line Items]                
Commitments from lender               $ 500,000,000
Principal payments on revolving line of credit   10,000,000 $ 15,000,000          
Accordion feature   $ 50,000,000            
Percent of aggregate amount applied for repayment   50.00%            
2020 Credit Facility | Debt Instrument, Period Four                
Line of Credit Facility [Line Items]                
Consolidated net leverage ratio   1.10            
2020 Credit Facility | Debt Instrument, Period Five                
Line of Credit Facility [Line Items]                
Consolidated net leverage ratio   1.25            
2020 Credit Facility | Debt Instrument, Period Six                
Line of Credit Facility [Line Items]                
Consolidated net leverage ratio 1.10              
2020 Credit Facility | Debt Instrument, Period Seven                
Line of Credit Facility [Line Items]                
Consolidated net leverage ratio 1.25              
2020 Credit Facility | Maximum | Debt Instrument, Period One                
Line of Credit Facility [Line Items]                
Consolidated net leverage ratio 4.50 4.75            
2020 Credit Facility | Maximum | Debt Instrument, Period Two                
Line of Credit Facility [Line Items]                
Consolidated net leverage ratio 4.25 3.25            
2020 Credit Facility | Maximum | Debt Instrument, Period Three                
Line of Credit Facility [Line Items]                
Consolidated net leverage ratio 4.00 3.00            
2020 Credit Facility | Maximum | Debt Instrument, Period Four                
Line of Credit Facility [Line Items]                
Consolidated net leverage ratio 3.00              
2020 Credit Facility | Maximum | Debt Instrument, Period Five                
Line of Credit Facility [Line Items]                
Consolidated net leverage ratio 4.00 4.50            
2020 Credit Facility | Term Loan Facility                
Line of Credit Facility [Line Items]                
Commitments from lender               400,000,000
Outstanding balance           $ 250,400,000 $ 330,400,000  
2020 Credit Facility | Revolving Credit Facility                
Line of Credit Facility [Line Items]                
Commitments from lender $ 75,000,000             100,000,000
Repayments of Debt 75,000,000              
Debt issuance costs, gross 1,700,000              
2020 Credit Facility | Letter of Credit                
Line of Credit Facility [Line Items]                
Commitments from lender $ 20,000,000             30,000,000
Debt interest rate 4.50%         4.50% 4.50%  
Letters of credit outstanding           $ 3,000,000 $ 3,300,000  
2020 Credit Facility | Letter of Credit | SOFR                
Line of Credit Facility [Line Items]                
Basis spread on variable rate           4.50%    
2020 Credit Facility | Swingline Loan                
Line of Credit Facility [Line Items]                
Commitments from lender               $ 20,000,000
2020 Credit Facility | Term Loan Facility, Term B Loan                
Line of Credit Facility [Line Items]                
Commitments from lender         $ 75,000,000      
2020 Credit Facility | Term Loan Facility, Term B Loan | LIBOR                
Line of Credit Facility [Line Items]                
Basis spread on variable rate         7.50%      
2020 Credit Facility | Term Loan Facility, Term B Loan | Minimum | LIBOR                
Line of Credit Facility [Line Items]                
Basis spread on variable rate   1.50%            
2020 Credit Facility | Term Loan Facility, Term B Loan | Maximum | LIBOR                
Line of Credit Facility [Line Items]                
Basis spread on variable rate   4.50%            
2020 Credit Facility | Term Loan Facility, Term B Loan | Maximum | Base Rate                
Line of Credit Facility [Line Items]                
Basis spread on variable rate         0.50%      
2020 Credit Facility | Term Loan Facility, Term B Loan | Maximum | Prime Rate                
Line of Credit Facility [Line Items]                
Basis spread on variable rate   0.50%            
2020 Credit Facility | Term Loan Facility, Term A Loan                
Line of Credit Facility [Line Items]                
Commitments from lender         $ 325,000,000      
Debt interest rate           5.70% 5.40%  
Outstanding balance           $ 250,400,000 $ 330,400,000  
2020 Credit Facility | Term Loan Facility, Term A Loan | Base Rate                
Line of Credit Facility [Line Items]                
Basis spread on variable rate         0.50%      
2020 Credit Facility | Term Loan Facility, Term A Loan | Minimum | LIBOR                
Line of Credit Facility [Line Items]                
Basis spread on variable rate         1.50%      
2020 Credit Facility | Term Loan Facility, Term A Loan | Minimum | Prime Rate                
Line of Credit Facility [Line Items]                
Basis spread on variable rate         0.50%      
2020 Credit Facility | Term Loan Facility, Term A Loan | Maximum | LIBOR                
Line of Credit Facility [Line Items]                
Basis spread on variable rate         3.50%      
2020 Credit Facility | Term Loan Facility, Term A Loan | Maximum | Prime Rate                
Line of Credit Facility [Line Items]                
Basis spread on variable rate         2.50%