XML 60 R50.htm IDEA: XBRL DOCUMENT v3.19.1
Long-Term Debt - Additional Information (Detail) - USD ($)
3 Months Ended 12 Months Ended
Nov. 30, 2020
Nov. 29, 2017
Mar. 30, 2019
Dec. 30, 2017
Dec. 29, 2018
Debt Instrument          
Unamortized Debt Discount     $ 24,933,000   $ 26,033,000
Write-off of deferred financing fees   $ 4,808,000      
Gain (loss) on early extinguishment of debt   (10,524,000)      
Debt outstanding amount     $ 1,743,750,000   $ 1,782,250,000
Percentage of equity interests pledged     100.00%    
Effective Interest Rate [1]     8.22%   7.63%
Average interest rate on outstanding debt, exclusive the impact of swap     8.22%   7.73%
Average interest rate on outstanding debt, including the impact of swap     7.50%   7.46%
Maximum          
Debt Instrument          
Pledge percentage of first tier foreign subsidiaries directly owned by company or wholly owned subsidiaries     65.00%    
Revolving Credit Facility          
Debt Instrument          
Credit facility available amount   50,000,000 $ 148,841,000    
Total Debt   150,000,000 1,709,702,000   $ 1,746,708,000
Line off credit facility drawn amount     0   0
Unamortized Debt Discount     0   0
Debt outstanding amount     0   $ 0
Line of credit facility, issued but undrawn letters of credit     $ 1,159,000    
Effective Interest Rate [1]     0.00%   4.39%
Percentage of equity interests pledged     0.25%    
Consolidated first lien net debt leverage ratio     2.91    
Term Loan Facility          
Debt Instrument          
Debt outstanding amount     $ 1,443,750,000    
Credit Facilities          
Debt Instrument          
Credit Facility, maximum borrowing capacity   1,930,386,000      
Total Debt   1,565,000,000 1,743,750,000    
Line off credit facility drawn amount   25,000,000      
Fees incurred in connection with debt refinancing       $ 53,832,000  
Unamortized Debt Discount   30,800,000      
Deferred financing costs   5,716,000      
Term Loan Facility          
Debt Instrument          
Total Debt   1,540,000,000 $ 1,443,750,000    
Term Loan Facility | Higher of Federal Funds Effective Rate and Overnight Bank Funding Rate          
Debt Instrument          
Credit facility, interest rate     0.50%    
Term Loan Facility | London Interbank Offered Rate (LIBOR)          
Debt Instrument          
Credit facility, interest rate     1.00%    
Debt instrument variable rate floor percent determined option one     0.75%    
Effective Interest Rate     4.75%    
Term Loan Facility | Maximum | London Interbank Offered Rate (LIBOR)          
Debt Instrument          
Debt instrument variable rate floor percent determined option one     1.75%    
Notes due December 1, 2025          
Debt Instrument          
Total Debt   $ 300,000,000 $ 300,000,000    
Debt Instrument Interest Rate Stated Percentage   8.625% 8.625%    
Unamortized Debt Discount     $ 0   $ 0
Debt outstanding amount     $ 300,000,000   $ 300,000,000
Effective Interest Rate [1]     8.62%   8.69%
Debt instrument issued date     Nov. 29, 2017    
Debt instrument, due date     Dec. 01, 2025    
Debt instrument interest payment term     Interest on the Notes is payable semi-annually on June 1 and December 1 of each year, beginning on June 1, 2018.    
Debt Instrument, redemption, description     On or after December 1, 2020, the Company may on any one or more occasions redeem some or all of the Notes at a purchase price equal to 104.313% of the principal amount of the Notes, plus accrued and unpaid interest, if any, to, but not including, the redemption date, such optional redemption price decreasing to 102.156% on or after December 1, 2021 and to 100.000% on or after December 1, 2022.    
Notes due December 1, 2025 | Scenario, Forecast          
Debt Instrument          
Debt Instrument, percentage of principal can be redeemed 108.625%        
Notes due December 1, 2025 | Change of Control | Scenario, Forecast          
Debt Instrument          
Repurchase price of principal amount of notes plus accrued and unpaid interest 101.00%        
Notes due December 1, 2025 | Sale of Assets | Scenario, Forecast          
Debt Instrument          
Repurchase price of principal amount of notes plus accrued and unpaid interest 100.00%        
Notes due December 1, 2025 | Debt Instrument Redemption Date, December 1, 2020          
Debt Instrument          
Debt Instrument, percentage of principal can be redeemed     104.313%    
Debt Instrument, redemption date     Dec. 01, 2020    
Notes due December 1, 2025 | Debt Instrument Redemption Date, December 1, 2021          
Debt Instrument          
Debt Instrument, percentage of principal can be redeemed     102.156%    
Debt Instrument, redemption date     Dec. 01, 2021    
Notes due December 1, 2025 | Debt Instrument Redemption Date, December 1, 2022          
Debt Instrument          
Debt Instrument, percentage of principal can be redeemed     100.00%    
Debt Instrument, redemption date     Dec. 01, 2022    
Notes due December 1, 2025 | Maximum | Scenario, Forecast          
Debt Instrument          
Percent of principal amount of debt that may be redeemed (up to) 40.00%        
Senior Secured Tranche B Term Loan | Term Loan Facility          
Debt Instrument          
Credit Facility, maximum borrowing capacity   $ 1,540,000,000      
Debt Instrument, maturity year   2024      
Senior Secured Revolving Credit Facility | Revolving Credit Facility          
Debt Instrument          
Credit Facility, maximum borrowing capacity   $ 150,000,000      
Debt Instrument, maturity year   2022      
Revolving Credit Facility          
Debt Instrument          
Total Debt     $ 0    
Revolving Credit Facility | Higher of Federal Funds Effective Rate and Overnight Bank Funding Rate          
Debt Instrument          
Credit facility, interest rate     0.50%    
Revolving Credit Facility | London Interbank Offered Rate (LIBOR)          
Debt Instrument          
Credit facility, interest rate     1.00%    
Effective Interest Rate     2.00%    
[1] Includes amortization of deferred financing costs and debt discount.