XML 22 R30.htm IDEA: XBRL DOCUMENT v2.4.1.9
Debt (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Jan. 30, 2015
May 01, 2015
Aug. 01, 2014
Debt Instrument [Line Items]      
Long-term debt, gross   $ 400,000us-gaap_DebtInstrumentCarryingAmount $ 400,000us-gaap_DebtInstrumentCarryingAmount
Current maturities   0us-gaap_LongTermDebtCurrent 25,000us-gaap_LongTermDebtCurrent [1]
Long-term debt   400,000us-gaap_LongTermDebtNoncurrent 375,000us-gaap_LongTermDebtNoncurrent [1]
Prior Credit Facility [Member]      
Debt Instrument [Line Items]      
Long-term debt, gross   0us-gaap_DebtInstrumentCarryingAmount
/ us-gaap_LongtermDebtTypeAxis
= cbrl_PriorRevolvingCreditFacilityMember
212,500us-gaap_DebtInstrumentCarryingAmount
/ us-gaap_LongtermDebtTypeAxis
= cbrl_PriorRevolvingCreditFacilityMember
Line of credit facility, expiration date   Jul. 08, 2016  
Maximum borrowing capacity   218,750us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_LongtermDebtTypeAxis
= cbrl_PriorRevolvingCreditFacilityMember
 
Loan acquisition costs written off 412us-gaap_WriteOffOfDeferredDebtIssuanceCost
/ us-gaap_LongtermDebtTypeAxis
= cbrl_PriorRevolvingCreditFacilityMember
   
2015 Revolving Credit Facility [Member]      
Debt Instrument [Line Items]      
Long-term debt, gross   400,000us-gaap_DebtInstrumentCarryingAmount
/ us-gaap_LongtermDebtTypeAxis
= cbrl_RevolvingCreditFacility2015Member
0us-gaap_DebtInstrumentCarryingAmount
/ us-gaap_LongtermDebtTypeAxis
= cbrl_RevolvingCreditFacility2015Member
Line of credit facility, expiration date   Jan. 08, 2020  
Line of credit facility, term   5 years  
Maximum borrowing capacity   750,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_LongtermDebtTypeAxis
= cbrl_RevolvingCreditFacility2015Member
 
Loan acquisition costs   3,537us-gaap_DebtIssuanceCosts
/ us-gaap_LongtermDebtTypeAxis
= cbrl_RevolvingCreditFacility2015Member
 
Amount of standby letters of credit   11,530us-gaap_LettersOfCreditOutstandingAmount
/ us-gaap_LongtermDebtTypeAxis
= cbrl_RevolvingCreditFacility2015Member
 
Current borrowing capacity   338,470us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity
/ us-gaap_LongtermDebtTypeAxis
= cbrl_RevolvingCreditFacility2015Member
 
Weighted average interest rates of the Company's swapped debt (in hundredths)   3.48%us-gaap_DebtWeightedAverageInterestRate
/ us-gaap_LongtermDebtTypeAxis
= cbrl_RevolvingCreditFacility2015Member
 
Restrictions on dividends payable   Under the 2015 Revolving Credit Facility, provided there is no default existing and the total of the Company’s availability under the 2015 Revolving Credit Facility plus the Company’s cash and cash equivalents on hand is at least $100,000 (the “cash availability”), the Company may declare and pay cash dividends on shares of its common stock and repurchase shares of its common stock (1) in an unlimited amount if at the time such dividend or repurchase is made the Company’s consolidated total leverage ratio is 3.00 to 1.00 or less and (2) in an aggregate amount not to exceed $100,000 in any fiscal year if the Company’s consolidated total leverage ratio is greater than 3.00 to 1.00 at the time the dividend or repurchase is made; notwithstanding (1) and (2), so long as immediately after giving effect to the payment of any such dividends, cash availability is at least $100,000, the Company may declare and pay cash dividends on shares of its common stock in an aggregate amount not to exceed in any fiscal year the product of the aggregate amount of dividends declared in the fourth quarter of the immediately preceding fiscal year multiplied by four.  
Liquidity requirements   100,000cbrl_LiquidityRequirements
/ us-gaap_LongtermDebtTypeAxis
= cbrl_RevolvingCreditFacility2015Member
 
Dividends threshold   100,000cbrl_MaximumDividendsLimit
/ us-gaap_LongtermDebtTypeAxis
= cbrl_RevolvingCreditFacility2015Member
 
Leverage ratio, maximum   3.00cbrl_MaximumLeverageRatio
/ us-gaap_LongtermDebtTypeAxis
= cbrl_RevolvingCreditFacility2015Member
 
Term Loans Payable [Member]      
Debt Instrument [Line Items]      
Long-term debt, gross   0us-gaap_DebtInstrumentCarryingAmount
/ us-gaap_LongtermDebtTypeAxis
= cbrl_TermLoansPayableMember
187,500us-gaap_DebtInstrumentCarryingAmount
/ us-gaap_LongtermDebtTypeAxis
= cbrl_TermLoansPayableMember
Maturity date   Jul. 08, 2016  
Maximum borrowing capacity   $ 181,250us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_LongtermDebtTypeAxis
= cbrl_TermLoansPayableMember
 
[1] This Condensed Consolidated Balance Sheet has been derived from the audited Consolidated Balance Sheet as of August 1, 2014, as filed with the Securities and Exchange Commission in the Company's Annual Report on Form 10-K for the fiscal year ended August 1, 2014.