XML 65 R55.htm IDEA: XBRL DOCUMENT v3.23.2
Long-term Debt - Additional Information (Details) - USD ($)
$ in Millions
6 Months Ended 12 Months Ended
Jun. 28, 2023
Nov. 01, 2022
Apr. 01, 2021
Jun. 30, 2023
Jun. 30, 2022
Dec. 31, 2022
Debt Instrument [Line Items]            
Debt instrument, description       On April 1, 2021, the Company completed a private offering of Senior Secured Second Lien Notes (the “Notes”), for the purposes of, among other things, repayment and refinancing of a portion of the Company’s prior existing debt, reducing interest rate exposure and providing liquidity for financing of future growth initiatives.    
Outstanding borrowing       $ 292.4   $ 219.5
Imputed interest       0.5 $ 0.1  
Notes Payable | Ecoverse | Non-Contingent Consideration            
Debt Instrument [Line Items]            
Earn-out payment period   5 years        
Amount of minimum cash payments using a market participant discount rate       (6.1)   (5.8)
Imputed interest       0.3    
Notes Payable | Ecoverse | Non-Contingent Consideration | Other Liabilities            
Debt Instrument [Line Items]            
Amount of minimum cash payments using a market participant discount rate       (4.9)   (5.8)
5.625% Senior Secured Second Lien Notes due 2026            
Debt Instrument [Line Items]            
Proceeds from sale of notes     $ 315.0      
Outstanding borrowing       311.6    
Original issue discount and deferred financing costs       $ 3.4    
Effective interest rate       5.93%    
5.625% Senior Secured Second Lien Notes due April 15, 2026            
Debt Instrument [Line Items]            
Debt instrument, interest rate     5.625%      
Minimum | Notes Payable | Ecoverse | Non-Contingent Consideration            
Debt Instrument [Line Items]            
Additional earn-out payment   $ 6.0        
ABL Facility            
Debt Instrument [Line Items]            
Business combination stock exercised value $ 55.0          
Outstanding borrowing       $ 292.4   $ 219.5
Effective interest rate       7.00%   6.20%
ABL Facility | Minimum            
Debt Instrument [Line Items]            
Maximum borrowing capacity 430.0          
ABL Facility | Maximum            
Debt Instrument [Line Items]            
Maximum borrowing capacity 485.0          
ABL Facility | Canadian-denominated Sublimit Facility            
Debt Instrument [Line Items]            
Maximum borrowing capacity $ 35.0          
First Lien Lender | Floor Plans and ABL Facility            
Debt Instrument [Line Items]            
Maximum borrowing capacity       $ 875.0    
Outstanding borrowing       640.6   $ 476.4
Original issue discount and deferred financing costs       $ 2.3   $ 2.1