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v3.23.2

Long-Term Debt - Narrative (Details) |  |  |  | 6 Months Ended | 12 Months Ended | 30 Months Ended |
--- | --- | --- | --- | --- | --- | --- | ---
Jun. 29, 2023 USD ($) agreement $ / shares | Feb. 10, 2023 | Sep. 17, 2020 USD ($) $ / shares | Jun. 29, 2023 USD ($) agreement $ / shares | Dec. 29, 2022 USD ($) agreement | Sep. 28, 2023 | Sep. 22, 2020
Senior notes | $ 80,000,000 |  |  | $ 80,000,000 | $ 80,000,000 |  |
Trading period |  |  |  | 20 days |  |  |
Threshold trading days |  |  |  | 30 days |  |  |
Threshold percentage of conversion price on each applicable trading day |  |  |  | 130.00% |  |  |
Initial conversion premium |  |  | 100.00% |  |  |  |
Share price (in dollars per share) | $ / shares |  |  | $ 8.99 |  |  |  |
Cap price of capped call transactions (in dollars per share) | $ / shares | $ 17.75 |  | 17.98 | $ 17.75 |  |  |
Strike price of capped call transactions (in dollars per share) | $ / shares |  |  | $ 11.0128 |  |  |  |
Forecast |  |  |  |  |  |  |
Trading period |  |  |  |  |  | 20 days |
Threshold trading days |  |  |  |  |  | 30 days |
Threshold percentage of conversion price on each applicable trading day |  |  |  |  |  | 130.00% |
Convertible Debt |  |  |  |  |  |  |
Interest rate (as a percent) |  |  | 5.00% |  |  |  | 5.00%
Face amount |  |  | $ 100,050,000 |  |  |  |
Threshold percentage of conversion price on each applicable trading day |  |  |  | 98.00% |  |  |
Conversion rate | 0.0919631 |  | 0.0908038 |  |  |  |
Initial conversion price (in dollars per share) | $ / shares | $ 10.87 |  | $ 11.01 | $ 10.87 |  |  |
Initial conversion premium |  |  | 22.50% |  |  |  |
Share price (in dollars per share) | $ / shares |  |  | $ 8.99 |  |  |  |
Purchase price as a percentage of principal amount |  |  | 100.00% |  |  |  |
Note Purchase Agreement |  |  |  |  |  |  |
Senior notes | $ 80,000,000 |  |  | $ 80,000,000 | $ 80,000,000 |  |
Number of purchase agreements | agreement | 2 |  |  | 2 | 2 |  |
Minimum | Note Purchase Agreement |  |  |  |  |  |  |
Interest rate (as a percent) | 4.02% |  |  | 4.02% |  |  |
Maximum | Note Purchase Agreement |  |  |  |  |  |  |
Interest rate (as a percent) | 4.32% |  |  | 4.32% |  |  |
Credit Agreement |  |  |  |  |  |  |
Maximum borrowing capacity | $ 225,000,000 |  |  | $ 225,000,000 |  |  |
Borrowing outstanding | 0 |  |  | $ 0 |  |  |
Specified margin (as a percent) |  | 0.50% |  |  |  |  |
Floor interest rate |  | 1.00% |  |  |  |  |
Priority debt as a percentage of consolidated total capitalization |  |  |  | 20.00% |  |  |
Consolidated debt to capitalization ratio |  |  |  | 0.55 |  |  |
Consolidated fixed charge coverage ratio |  |  |  | 2.5 |  |  |
Credit Agreement | Minimum |  |  |  |  |  |  |
Facility fee (as a percent) |  | 0.125% |  |  |  |  |
Credit Agreement | Maximum |  |  |  |  |  |  |
Facility fee (as a percent) |  | 0.25% |  |  |  |  |
Quarterly dividend payments or share repurchases |  |  |  |  | $ 1,550,000 |  |
Credit Agreement | SOFR |  |  |  |  |  |  |
Specified margin (as a percent) |  | 0.10% |  |  |  |  |
Floor interest rate |  | 0.00% |  |  |  |  |
Credit Agreement | SOFR | Subject to 1% Floor |  |  |  |  |  |  |
Specified margin (as a percent) |  | 1.00% |  |  |  |  |
Revolving Credit Facility |  |  |  |  |  |  |
Available facility | $ 220,623,000 |  |  | $ 220,623,000 |  |  |
Revolving Credit Facility | SOFR |  |  |  |  |  |  |
Effective interest rate | 6.22% |  |  | 6.22% |  |  |

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