XML 54 R43.htm IDEA: XBRL DOCUMENT v3.24.3
Basis of Presentation - Debt Issuance and Redemption (Details)
1 Months Ended 3 Months Ended 5 Months Ended 9 Months Ended 12 Months Ended 24 Months Ended
Oct. 31, 2024
USD ($)
Apr. 30, 2023
USD ($)
Dec. 31, 2024
USD ($)
Oct. 31, 2026
Sep. 28, 2024
USD ($)
Sep. 30, 2023
USD ($)
Oct. 31, 2027
Oct. 31, 2026
Oct. 31, 2025
Oct. 31, 2029
Mar. 29, 2027
Dec. 31, 2026
Sep. 26, 2026
Jun. 27, 2026
Mar. 28, 2026
Dec. 31, 2025
Sep. 27, 2025
Jun. 28, 2025
Mar. 29, 2025
Jan. 31, 2024
USD ($)
Debt Instrument [Line Items]                                        
Net proceeds from issuance of long-term debt         $ 232,200,000 $ 303,217,000                            
Forecast                                        
Debt Instrument [Line Items]                                        
Loss on extinguishment of debt     $ 19,000,000                                  
Subsequent Event | Asset-Based Revolving Credit Facility                                        
Debt Instrument [Line Items]                                        
Borrowing capacity $ 175,000,000                                      
Line of credit | Subsequent Event | Asset-Based Revolving Credit Facility                                        
Debt Instrument [Line Items]                                        
Basis spread 2.00%                                      
Line of credit facility, term 5 years                                      
2029 Term Loan | Secured Debt | Subsequent Event                                        
Debt Instrument [Line Items]                                        
Aggregate principal amount $ 700,000,000                                      
Net proceeds from issuance of long-term debt $ 683,000,000                                      
Basis spread 7.00%                                      
Quarterly principal payments $ 1,750,000                                      
2029 Term Loan | Secured Debt | Subsequent Event | Minimum                                        
Debt Instrument [Line Items]                                        
Basis spread 6.50%                                      
Secured net leverage ratio 2.5                                      
2029 Term Loan | Secured Debt | Subsequent Event | Maximum                                        
Debt Instrument [Line Items]                                        
Basis spread 7.50%                                      
Secured net leverage ratio 3.5                                      
2029 Term Loan | Secured Debt | Subsequent Event | Forecast                                        
Debt Instrument [Line Items]                                        
Debt issuance fees     $ 30,000,000                                  
Secured net leverage ratio     5.00               4.50 4.75 4.75 4.75 4.75 5.00 5.00 5.00 5.00  
2029 Term Loan | Secured Debt | Subsequent Event | Forecast | Voluntary prepayments                                        
Debt Instrument [Line Items]                                        
Percentage of premium prepayment       2.00%     1.00%                        
2029 Term Loan | Secured Debt | Subsequent Event | Forecast | Prepayments from sales proceeds of Paperboard and High-Yield Pulp businesses                                        
Debt Instrument [Line Items]                                        
Percentage of premium prepayment             1.00% 2.00%                      
7.625% Senior Secured Notes due January 2026 | Senior Notes                                        
Debt Instrument [Line Items]                                        
Loss on extinguishment of debt   $ (1,000,000)                                    
7.625% Senior Secured Notes due January 2026 | Senior Notes | Subsequent Event | Forecast                                        
Debt Instrument [Line Items]                                        
Redemption of long-term debt     $ 453,000,000                                  
2027 Term Loan | Secured Debt                                        
Debt Instrument [Line Items]                                        
Debt issuance fees                                       $ 3,000,000
Basis spread         8.00%                              
2027 Term Loan | Secured Debt | Subsequent Event | Forecast                                        
Debt Instrument [Line Items]                                        
Redemption of long-term debt     $ 246,000,000