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v3.24.2

Long-Term Debt (Narrative) (Details) $ in Millions |  | 3 Months Ended
--- | --- | ---
May 23, 2024 USD ($) | Jun. 29, 2024 USD ($) entity
Revolving Credit Facility [Member] |  |
Debt Instrument [Line Items] |  |
Credit facility term |  | 5 years
Revolving credit facility agreement |  | $ 600.0
Credit facility, Potential increased availability |  | 250.0
Net availability under the credit facility |  | 457.9
Amount outstanding under credit facility |  | $ 112.0
Initial Credit Facility [Member] |  |
Debt Instrument [Line Items] |  |
Number of banks involved in credit facility | entity |  | 8
Third Amendment To Credit Facility Member |  |
Debt Instrument [Line Items] |  |
Number of banks involved in credit facility | entity |  | 9
Number of additional banks added to the bank syndicate | entity |  | 1
Basis spread |  | 0.10%
Fourth Amendment To Credit Facility [Member] |  |
Debt Instrument [Line Items] |  |
Interest rate basis point increase | 25.00% |
Interest coverage ratio | 1.55 |
Minimum liquidity require to declare dividends | $ 400.0 |
Minimum liquidity requirement after completing acquisition | $ 400.0 |
Ratio of adjusted debt to EBITDAR | 4.75 |
Standby Letters of Credit [Member] |  |
Debt Instrument [Line Items] |  |
Revolving credit facility agreement |  | $ 80.0
Letters of credit outstanding |  | $ 30.1
Minimum [Member] | Fourth Amendment To Credit Facility [Member] |  |
Debt Instrument [Line Items] |  |
Ratio of dividend declare | 0.25 |
Minimum [Member] | Standby Letters of Credit [Member] |  |
Debt Instrument [Line Items] |  |
Percentage of fees on amount available |  | 0.875%
Maximum [Member] | Fourth Amendment To Credit Facility [Member] |  |
Debt Instrument [Line Items] |  |
Interest coverage ratio | 5.00 |
Ratio of dividend declare | 0.50 |
Maximum [Member] | Standby Letters of Credit [Member] |  |
Debt Instrument [Line Items] |  |
Percentage of fees on amount available |  | 2.125%
First Quarter of Fiscal 2025 Through the First Quarter of Fiscal 2026 [Member] | Fourth Amendment To Credit Facility [Member] |  |
Debt Instrument [Line Items] |  |
Interest coverage ratio | 1.25 |
Percent of adjusted debt to EBITDAR | 20.00% |
Second Quarter Of Fiscal 2026 Through The Fourth Quarter Of Fiscal 2026 [Member] | Fourth Amendment To Credit Facility [Member] |  |
Debt Instrument [Line Items] |  |
Interest coverage ratio | 1.35 |
First Quarter of Fiscal 2027 and Thereafter [Member] | Fourth Amendment To Credit Facility [Member] |  |
Debt Instrument [Line Items] |  |
Interest coverage ratio | 1.55 |
Percent of adjusted debt to EBITDAR | 15.00% |

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- Definition The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -SubTopic 10 -Topic 210 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478546/942-210-S99-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(16)(a)(2)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478777/944-210-S99-1 + Details
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