XML 44 R34.htm IDEA: XBRL DOCUMENT v3.22.2.2
Debt - Additional Information (Details) - USD ($)
$ in Thousands
6 Months Ended
Mar. 04, 2022
Oct. 29, 2022
Oct. 30, 2021
Jun. 07, 2022
Apr. 30, 2022
Line of Credit Facility [Line Items]          
Line Of Credit Potential Increase Amount   $ 100,000      
Short-term Debt   0 $ 0   $ 40,000
Letters of Credit Outstanding, Amount   4,759 4,759    
Debt, Long-term and Short-term, Combined Amount   222      
Long-Term Debt   252,000 183,300   $ 185,700
Proceeds from Issuance of Secured Debt   348,200 259,720    
Proceeds from (Repayments of) Secured Debt   $ 321,900 254,020    
Term Loan          
Line of Credit Facility [Line Items]          
Long-term Debt, Description   The Term Loans accrue interest at a rate equal to 11.25%, payable quarterly, and mature on June 7, 2024. We have the right, through December 31, 2022, to pay all or a portion of the interest on the Term Loans in kind. To date, all interest on the term loan has been paid in cash. The Term Loans do not amortize prior to maturity. Solely to the extent that any Term Loans remain outstanding on June 7, 2023, we must pay a fee of 1.5% of the outstanding principal amount of the Term Loans on such date. The Term Loans are required to be repaid (i) after repayment of the FILO Facility under the Credit Agreement, with up to 100% of the proceeds of the sale of a non-core business line of the Company generating net proceeds in excess of $1,000, other than ordinary course dispositions and (ii) in full in connection with a debt or equity financing transaction generating net proceeds in excess of an amount sufficient to repay the FILO Facility under the Credit Agreement.The Term Loan Credit Agreement does not contain a financial covenant, but otherwise contains representations and warranties, covenants and events of default that are substantially the same as those in the Credit Agreement, including restrictions on the ability of the Company and its subsidiaries to incur additional debt, incur or permit liens on assets, make investments and acquisitions, consolidate or merge with any other company, engage in asset sales and make dividends and distributions. The Term Loan Facility is secured by second-priority liens on all assets securing the obligations under the Credit Agreement, which is all of the assets of the Company and the Guarantors, subject to customary exclusions and limitations set forth in the Term Loan Credit Agreement and the other loan documents executed in connection therewith.The Credit Agreement amendment permitted us to incur the Term Loan Facility and also provides that, upon repayment of the Term Loan Credit Agreement (and, if applicable, any replacement credit facility thereof), we may incur second lien secured debt in an aggregate principal amount not to exceed $75,000.      
Long-Term Debt   $ 30,000   $ 30,000  
Repayments of Long-Term Debt   0      
Proceeds from Issuance of Debt   30,000      
Debt Issuance Costs, Net   1,964      
Revolving Credit Facility [Member]          
Line of Credit Facility [Line Items]          
Line of Credit Facility, Maximum Borrowing Capacity   $ 500,000      
New Credit Facility [Member]          
Line of Credit Facility [Line Items]          
Credit Facility Maturity Term   5 years      
Line of Credit Facility, Maximum Borrowing Capacity   $ 400,000      
Proceeds from Lines of Credit   318,200      
Repayments of Lines of Credit   321,900      
Debt, Long-term and Short-term, Combined Amount     $ 183,300    
Long-term Debt, Description On March 4, 2022, we were granted a waiver to the condition to the draw scheduled for April 2022 under the FILO Facility, that Consolidated EBITDA (as defined in the Credit Agreement) minus Restricted Payments (as defined in the Credit Agreement) equal at least $110,000. Under the waiver amendment, the commitment under the FILO Facility of $25,000 was increased to $40,000, with all remaining terms unchanged.        
FILO [Member]          
Line of Credit Facility [Line Items]          
Line of Credit Facility, Maximum Borrowing Capacity   $ 100,000