XML 71 R52.htm IDEA: XBRL DOCUMENT v3.25.1
DEBT - Amended and Restated Credit Agreement (Details) - USD ($)
12 Months Ended
Jan. 01, 2025
Dec. 31, 2024
Jan. 09, 2025
Dec. 26, 2024
Dec. 31, 2023
DEBT          
Loss on extinguishment of debt   $ (7,489,000)      
Debt issuance costs, net   4,300,000      
Principal outstanding   162,106,000     $ 200,215,000
Exit fee derivative          
DEBT          
Fair value of derivative   0   $ 0  
2024 Term Loan Agreement          
DEBT          
Aggregate principal amount of loan       162,000,000.0  
Incremental term loan facility aggregate principal amount       $ 63,000,000.0  
Fees and debt issuance costs   $ 3,900,000      
Percentage of quarterly amortization payments   2.50%      
Minimum amount of liquidity amount   $ 10,000,000      
Exit fee computation   3.50%      
Principal outstanding   $ 162,000,000      
2024 Term Loan Agreement | SOFR          
DEBT          
Credit spread adjustment on variable rate   0.15%      
Applicable margin (as a percent)   7.75%      
2024 Term Loan Agreement | Minimum          
DEBT          
Current ratio   1.00%      
Percentage of collateral required to be hedged   50.00%      
2024 Term Loan Agreement | Maximum          
DEBT          
Percentage of collateral required to be hedged   85.00%      
2024 Term Loan Agreement | Subsequent event          
DEBT          
Aggregate principal amount of loan     $ 63,000,000.0    
Percentage of quarterly amortization payments 2.50%        
Principal outstanding     $ 225,000,000.0    
2024 Term Loan Agreement | Disapproval Of Proposed Buyer [Member] | Debt redemption, period one          
DEBT          
Prepayment premium over accrued interest (as a percent)   2.00%      
2024 Term Loan Agreement | Disapproval Of Proposed Buyer [Member] | Debt redemption, period two          
DEBT          
Prepayment premium (as a percent)   2.00%      
2024 Term Loan Agreement | Disapproval Of Proposed Buyer [Member] | Debt redemption, period three          
DEBT          
Prepayment premium (as a percent)   0.00%      
2024 Term Loan Agreement | No Disapproval Of Proposed Buyer [Member] | Debt redemption, period one          
DEBT          
Prepayment premium over accrued interest (as a percent)   4.00%      
2024 Term Loan Agreement | No Disapproval Of Proposed Buyer [Member] | Debt redemption, period two          
DEBT          
Prepayment premium (as a percent)   2.00%      
2024 Term Loan Agreement | No Disapproval Of Proposed Buyer [Member] | Debt redemption, period three          
DEBT          
Prepayment premium (as a percent)   0.00%      
2024 Term Loan Agreement | March 31, 2025 Through And Including June 30, 2025 | Minimum          
DEBT          
Asset coverage ratio   1.70%      
2024 Term Loan Agreement | March 31, 2025 Through And Including June 30, 2025 | Maximum          
DEBT          
Net Leverage Ratio   2.75%      
2024 Term Loan Agreement | September 30, 2025 through and including December 31, 2025 | Minimum          
DEBT          
Asset coverage ratio   1.85%      
2024 Term Loan Agreement | Quarter After December 31, 2025 | Minimum          
DEBT          
Asset coverage ratio   2.00%      
2024 Term Loan Agreement | Each Quarter After June 30, 2025 | Maximum          
DEBT          
Net Leverage Ratio   2.50%      
2021 Term Loan Agreement          
DEBT          
Debt instrument repurchase amount   $ 152,100,000      
Debt issuance cost expensed   $ 3,600,000