XML 60 R50.htm IDEA: XBRL DOCUMENT v3.22.2
DEBT - Revolving Credit Agreement (Details)
3 Months Ended 6 Months Ended
Oct. 06, 2021
USD ($)
Dec. 21, 2018
USD ($)
Jun. 30, 2022
USD ($)
Jun. 30, 2021
USD ($)
Jun. 30, 2022
USD ($)
Jun. 30, 2021
USD ($)
Dec. 31, 2021
USD ($)
Sep. 28, 2021
USD ($)
Sep. 27, 2021
USD ($)
Sep. 28, 2020
USD ($)
Debt Instrument [Line Items]                    
Long-term debt, gross     $ 459,000,000   $ 459,000,000   $ 433,035,000      
Interest expense     5,218,000 $ 6,034,000 10,131,000 $ 12,184,000        
Principal payments under term loan credit facility         0 30,000,000        
Revolving Credit Agreement                    
Debt Instrument [Line Items]                    
Line of credit facility accordion feature increase amount     50,000,000   50,000,000     $ 50,000,000    
Line of credit facility, maximum borrowing capacity               $ 225,000,000 $ 175,000,000  
Line of credit facility accordion feature increase limit     275,000,000   275,000,000          
Line of credit facility, unused capacity, commitment fee percentage   0.20%                
Fixed charge coverage ratio   1.0                
Line of credit facility, excess availability, commitment percentage, threshold   10.00%                
Debt instrument, covenant period   30 days                
Long-term line of credit     30,000,000   30,000,000   50,000,000      
Long-term debt, gross     59,000,000 0 59,000,000 0        
Interest expense     500,000 $ 0 800,000 $ 0        
Liquidity position to meet future obligations, amount     $ 298,100,000   $ 298,100,000   $ 258,000,000      
Revolving Credit Agreement | Maximum                    
Debt Instrument [Line Items]                    
Line of credit facility, excess availability applied to principal, commitment percentage   15.00%                
Revolving Credit Agreement | London Interbank Offered Rate (LIBOR) | Minimum                    
Debt Instrument [Line Items]                    
Debt instrument, basis spread on variable rate   1.25%                
Revolving Credit Agreement | London Interbank Offered Rate (LIBOR) | Maximum                    
Debt Instrument [Line Items]                    
Debt instrument, basis spread on variable rate   1.75%                
Revolving Credit Agreement | Base Rate | Minimum                    
Debt Instrument [Line Items]                    
Debt instrument, basis spread on variable rate   0.25%                
Revolving Credit Agreement | Base Rate | Maximum                    
Debt Instrument [Line Items]                    
Debt instrument, basis spread on variable rate   0.75%                
New Senior Notes | Notes Payable, Other Payables                    
Debt Instrument [Line Items]                    
Principal payments under term loan credit facility $ 108,800,000                  
New Term Loan Credit Agreement | Notes Payable, Other Payables                    
Debt Instrument [Line Items]                    
Notes issued, aggregate principal amount                   $ 150,000,000
Letter of Credit | Revolving Credit Agreement                    
Debt Instrument [Line Items]                    
Line of credit facility, maximum borrowing capacity   $ 15,000,000                
Bridge Loan | Revolving Credit Agreement                    
Debt Instrument [Line Items]                    
Line of credit facility, maximum borrowing capacity   $ 17,500,000