XML 82 R70.htm IDEA: XBRL DOCUMENT
v3.20.2

Debt (Debt Covenants and Compliance) (Details) | 9 Months Ended |  |  |  |  |  |  |
--- | --- | --- | --- | --- | --- | --- | --- | ---
Sep. 30, 2020 USD ($) | Oct. 01, 2021 | Sep. 30, 2021 | Jun. 30, 2021 | Mar. 31, 2021 | Dec. 31, 2020 | Jun. 30, 2020 | Dec. 31, 2019 USD ($)
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Cash and cash equivalents | $ 92,900,000 |  |  |  |  |  |  | $ 78,700,000
Senior secured leverage ratio to consolidated EBITDA | 2.39 |  |  |  |  |  |  |
Ratio of interest coverage | 4.88 |  |  |  |  |  |  |
Actual total leverage ratio | 3.18 |  |  |  |  |  |  |
Financing Agreement Senior Secured Credit Facility |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Maximum annual dividend payment | $ 60,000,000.0 |  |  |  |  |  |  |
Maximum |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Senior secured leverage ratio to consolidated EBITDA | 3.50 |  |  |  |  |  |  |
Maximum | Financing Agreement Senior Secured Credit Facility |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Total leverage ratio | 2.75 |  |  |  |  |  |  |
Senior secured leverage ratio | 3.00 |  |  |  |  |  |  |
Total leverage ratio on unsecured debt | 3.50 |  |  |  |  |  |  |
Minimum |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Ratio of interest coverage, covenant compliance | 3.00 |  |  |  |  |  |  |
Senior Unsecured Notes |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Interest rate, percentage | 7.00% |  |  |  |  |  |  |
Senior Secured Credit Facility |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Cash and cash equivalents | $ 75,000,000.0 |  |  |  |  |  |  |
Total leverage ratio, covenant compliance | 4.25 |  |  |  |  |  | 4.25 |
Effective total leverage ratio, covenant compliance | 3.23 |  |  |  |  |  |  |
Senior Secured Credit Facility | Subsequent Event |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Total leverage ratio, covenant compliance |  |  | 4.125 | 4.25 | 4.50 | 4.50 |  |
Senior Secured Credit Facility | Maximum | Subsequent Event |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Total leverage ratio, covenant compliance |  | 3.75 |  |  |  |  |  |

X
- Definition Debt Instrument, Covenant Compliance, Effective Total Leverage Ratio, + References No definition available. + Details
Name: | quad_DebtInstrumentCovenantComplianceEffectiveTotalLeverageRatio
Namespace Prefix: | quad_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | instant

X
- Definition Debt Instrument, Covenant Compliance, Payment Restrictions, Total Leverage Ratio + References No definition available. + Details
Name: | quad_DebtInstrumentCovenantCompliancePaymentRestrictionsTotalLeverageRatio
Namespace Prefix: | quad_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | instant

X
- Definition Debt Instrument, Covenant Compliance, Payment Restrictions on Unsecured Debt, Total Leverage Ratio + References No definition available. + Details
Name: | quad_DebtInstrumentCovenantCompliancePaymentRestrictionsonUnsecuredDebtTotalLeverageRatio
Namespace Prefix: | quad_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | instant

X
- Definition Debt Instrument, Covenant Compliance, Payment limitations to be imposed if total leverage ratio exceeds threshold + References No definition available. + Details
Name: | quad_DebtInstrumentCovenantCompliancePaymentlimitationstobeimposediftotalleverageratioexceedsthreshold
Namespace Prefix: | quad_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Debt Instrument, Covenant Compliance, Ratio of Interest Coverage + References No definition available. + Details
Name: | quad_DebtInstrumentCovenantComplianceRatioofInterestCoverage
Namespace Prefix: | quad_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | instant

X
- Definition Debt Instrument, Covenant Compliance, Senior Secured Leverage Ratio, Payment Restrictions on Unsecured Debt + References No definition available. + Details
Name: | quad_DebtInstrumentCovenantComplianceSeniorSecuredLeverageRatioPaymentRestrictionsonUnsecuredDebt
Namespace Prefix: | quad_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | instant

X
- Definition Debt Instrument, Covenant Compliance, Senior secured leverage ratio + References No definition available. + Details
Name: | quad_DebtInstrumentCovenantComplianceSeniorsecuredleverageratio
Namespace Prefix: | quad_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | instant

X
- Definition Total consolidated debt to consolidated EBITDA (as defined in the Company's debt agreement) + References No definition available. + Details
Name: | quad_DebtInstrumentCovenantComplianceTotalLeverageRatio
Namespace Prefix: | quad_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | instant

X
- Definition Debt Instrument, Total Leverage Ratio + References No definition available. + Details
Name: | quad_DebtInstrumentTotalLeverageRatio
Namespace Prefix: | quad_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | instant

X
- Definition Ratio of Interest Coverage + References No definition available. + Details
Name: | quad_RatioofInterestCoverage
Namespace Prefix: | quad_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | instant

X
- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3044-108585 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section 45 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121566466&loc=d3e6676-107765 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.1) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_CashAndCashEquivalentsAtCarryingValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Contractual interest rate for funds borrowed, under the debt agreement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateStatedPercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_CreditFacilityAxis=quad_FinancingAgreementSeniorSecuredCreditFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MaximumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MinimumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=quad_SeniorUnsecuredNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=quad_SeniorSecuredCreditFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_SubsequentEventTypeAxis=us-gaap_SubsequentEventMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |