XML 67 R55.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Debt - Narrative (Details)
6 Months Ended
Jul. 01, 2023
Jul. 05, 2022
Feb. 10, 2021
USD ($)
Sep. 25, 2018
USD ($)
Jun. 30, 2024
USD ($)
Jun. 30, 2023
Dec. 31, 2023
USD ($)
Dec. 30, 2023
May 06, 2022
USD ($)
Unsecured Debt                  
Debt Instrument [Line Items]                  
Fair market value         $ 346,900,000   $ 335,600,000    
New Credit Facility                  
Debt Instrument [Line Items]                  
Effective interest rate on debt facilities (percent)         6.10% 5.87%      
Term loan A facility | Term Loan facility                  
Debt Instrument [Line Items]                  
Average interest rate (percent)         8.19%        
Term loan B facility | Term Loan facility                  
Debt Instrument [Line Items]                  
Average interest rate (percent)         9.21%        
Delayed draw term loan | Term Loan facility                  
Debt Instrument [Line Items]                  
Average interest rate (percent)         7.94%        
6.875% Senior Unsecured Notes Due 2026 | Unsecured Debt                  
Debt Instrument [Line Items]                  
Face amount       $ 350,000,000.0          
Interest rate (percent)       6.875% 6.875%        
Effective rate (percent)         7.248%        
Credit Facility | Revolving Credit Facility                  
Debt Instrument [Line Items]                  
Debt instrument term   1 month              
Basis spread on variable rate (percent)   1.00%              
Credit Facility | Revolving Credit Facility | Minimum                  
Debt Instrument [Line Items]                  
Basis spread on variable rate (percent)   1.00%              
Credit Facility | Revolving Credit Facility | Maximum                  
Debt Instrument [Line Items]                  
Basis spread on variable rate (percent)   2.50%              
Credit Facility | Revolving Credit Facility | Federal Funds Effective Rate                  
Debt Instrument [Line Items]                  
Basis spread on variable rate (percent)   0.50%              
Credit Facility | Revolving Credit Facility | Base Rate | Minimum                  
Debt Instrument [Line Items]                  
Basis spread on variable rate (percent)   0.00%              
Credit Facility | Revolving Credit Facility | Base Rate | Maximum                  
Debt Instrument [Line Items]                  
Basis spread on variable rate (percent)   1.50%              
Credit Facility | New Credit Facility                  
Debt Instrument [Line Items]                  
Borrowing capacity       $ 700,000,000.0          
EBITDA ratio               4.50  
Interest coverage ratio               3.00  
Credit Facility | New Credit Facility | Revolving Credit Facility                  
Debt Instrument [Line Items]                  
Borrowing capacity       $ 500,000,000.0         $ 600,000,000
Debt instrument term       5 years          
Credit Facility | Term loan A facility | Term Loan facility                  
Debt Instrument [Line Items]                  
Debt instrument term       7 years          
Face amount       $ 200,000,000.0          
Credit Facility | Term loan A facility | Term Loan facility | Federal Funds Effective Rate                  
Debt Instrument [Line Items]                  
Basis spread on variable rate (percent)   0.50%              
Credit Facility | Term loan A facility | Term Loan facility | Secured Overnight Financing Rate (SOFR)                  
Debt Instrument [Line Items]                  
Basis spread on variable rate (percent)   1.00%              
Credit Facility | Term loan A facility | Term Loan facility | Secured Overnight Financing Rate (SOFR) | Minimum | Expected                  
Debt Instrument [Line Items]                  
Basis spread on variable rate (percent)   1.25%              
Credit Facility | Term loan A facility | Term Loan facility | Secured Overnight Financing Rate (SOFR) | Maximum | Expected                  
Debt Instrument [Line Items]                  
Basis spread on variable rate (percent)   2.75%              
Credit Facility | Term loan A facility | Term Loan facility | Base Rate | Minimum | Expected                  
Debt Instrument [Line Items]                  
Basis spread on variable rate (percent)   0.25%              
Credit Facility | Term loan A facility | Term Loan facility | Base Rate | Maximum | Expected                  
Debt Instrument [Line Items]                  
Basis spread on variable rate (percent)   1.75%              
Credit Facility | Term loan B facility | Term Loan facility                  
Debt Instrument [Line Items]                  
Debt instrument term     7 years            
Face amount     $ 350,000,000            
Incremental loans     $ 250,000,000            
Credit Facility | Term loan B facility | Term Loan facility | Secured Overnight Financing Rate (SOFR)                  
Debt Instrument [Line Items]                  
Basis spread on variable rate (percent) 2.75%                
Credit Facility | Term loan B facility | Term Loan facility | Secured Overnight Financing Rate (SOFR) Floor                  
Debt Instrument [Line Items]                  
Basis spread on variable rate (percent) 0.75%                
Credit Facility | Term loan B facility | Term Loan facility | Euro Interbank Offered Rate (EURIBOR) Floor                  
Debt Instrument [Line Items]                  
Basis spread on variable rate (percent) 0.00%                
Credit Facility | Term loan B facility | Term Loan facility | Euro Interbank Offered Rate (EURIBOR)                  
Debt Instrument [Line Items]                  
Basis spread on variable rate (percent) 3.75%                
Credit Facility | Delayed draw term loan | Term Loan facility                  
Debt Instrument [Line Items]                  
Borrowing capacity                 $ 650,000,000
Revolving Credit Facility | New Credit Facility                  
Debt Instrument [Line Items]                  
Borrowing capacity       $ 400,000,000          
Revolving Credit Facility | Previous Senior Credit Facility                  
Debt Instrument [Line Items]                  
Average interest rate (percent)         8.00%