XML 53 R38.htm IDEA: XBRL DOCUMENT v3.20.2
Chapter 11 Cases and Subsequent Events (Details)
$ in Thousands
3 Months Ended
May 31, 2020
USD ($)
May 29, 2020
USD ($)
shares
Feb. 28, 2020
USD ($)
Nov. 08, 2017
USD ($)
Mar. 31, 2020
USD ($)
Mar. 31, 2019
USD ($)
Mar. 01, 2020
Dec. 31, 2019
USD ($)
Mar. 18, 2014
USD ($)
Debt Instrument [Line Items]                  
Commitment premium         $ 9,584     $ 0  
Rights offering commitment, consideration payable expensed in period         9,600        
Debtor in possession financing         4,000     $ 0  
Pre-petition restructuring charges         17,074 $ 0      
Term Loan [Member]                  
Debt Instrument [Line Items]                  
Debt Instrument, Face Amount       $ 175,000          
Senior Notes [Member]                  
Debt Instrument [Line Items]                  
Debt Instrument, Face Amount                 $ 300,000
Debt Instrument, Interest Rate, Stated Percentage                 6.125%
Restructuring Support Agreement [Member] | Term Loan [Member]                  
Debt Instrument [Line Items]                  
Holders percentage under settlement agreement             99.00%    
Restructuring Support Agreement [Member] | Senior Notes [Member]                  
Debt Instrument [Line Items]                  
Holders percentage under settlement agreement             75.00%    
Backstop Commitment Agreement [Member]                  
Debt Instrument [Line Items]                  
Commitment premium     $ 9,584            
Pre-petition restructuring charges         9,600        
Subsequent Event [Member]                  
Debt Instrument [Line Items]                  
Percent of ordinary shares exchanged for cancelled notes   94.25%              
Percent of ordinary shares issued to common holders   5.75%              
Common Stock, Issued, Conversion Ratio   0.0006849838              
Subsequent Event [Member] | 2020 Senior Notes [Member]                  
Debt Instrument [Line Items]                  
Debt Instrument, Face Amount   $ 78,100              
Debt Instrument, Required Repurchase Due to Change in Control, Redemption Price, Percentage   101.00%              
Debt Instrument, Issuer's Optional Repurchase Due to Change in Control, Redemption Price, Percentage   103.00%              
Subsequent Event [Member] | Convertible Debt [Member]                  
Debt Instrument [Line Items]                  
Debt Instrument, Face Amount   $ 129,800              
Debt Instrument, Interest Rate, Stated Percentage   5.00%              
Debt Instrument, Convertible, Number of Equity Instruments | shares   75              
Debt Instrument, Required Repurchase Due to Change in Control, Redemption Price, Percentage   100.00%              
Subsequent Event [Member] | Common Stock [Member]                  
Debt Instrument [Line Items]                  
Common Stock, Shares, Issued | shares   1,049,804              
Post-emergence revolving asset-based lending facility [Member] | Subsequent Event [Member] | Line of Credit [Member]                  
Debt Instrument [Line Items]                  
Line of credit facility, proceeds from borrowings $ 0                
Letters of Credit Outstanding, Amount   $ 7,100              
Line of Credit Facility, Remaining Borrowing Capacity   $ 20,300              
Debtor-in-Possession Facility [Member] | Line of Credit [Member]                  
Debt Instrument [Line Items]                  
Debtor-in-Possession Financing, Amount Arranged     $ 75,000            
Debtor-in-Possession Financing, Term     5 months            
London Interbank Offered Rate (LIBOR) [Member] | Term Loan [Member]                  
Debt Instrument [Line Items]                  
Debt Instrument, Basis Spread on Variable Rate       7.75%          
London Interbank Offered Rate (LIBOR) [Member] | Debtor-in-Possession Facility [Member] | Line of Credit [Member]                  
Debt Instrument [Line Items]                  
Debtor-in-Possession Financing, Basis Spread on Borrowings Outstanding     200            
Minimum [Member] | Subsequent Event [Member] | 2020 Senior Notes [Member]                  
Debt Instrument [Line Items]                  
Debt Instrument, Covenant Compliance, Asset Coverage Ratio, Required Minimum   1.5              
Minimum [Member] | Post-emergence revolving asset-based lending facility [Member] | Subsequent Event [Member] | Line of Credit [Member]                  
Debt Instrument [Line Items]                  
Debt Instrument, Covenant Compliance, Fixed Charge Coverage Ratio, Required Minimum   1.00              
Line of Credit, Minimum Availability (as % of Maximum) to Require Additional Fixed Charge Coverage Ratio Compliance   15.00%              
Line of Credit, Minimum Availability to Require Additional Fixed Charge Coverage Ratio Compliance   $ 11,250              
Minimum [Member] | London Interbank Offered Rate (LIBOR) [Member] | Post-emergence revolving asset-based lending facility [Member] | Subsequent Event [Member] | Line of Credit [Member]                  
Debt Instrument [Line Items]                  
Debt instrument, reference rate, minimum   0.00%              
Debt Instrument, Basis Spread on Variable Rate   1.75%              
Minimum [Member] | Base Rate [Member] | Post-emergence revolving asset-based lending facility [Member] | Subsequent Event [Member] | Line of Credit [Member]                  
Debt Instrument [Line Items]                  
Debt Instrument, Basis Spread on Variable Rate   0.75%              
Maximum [Member] | Post-emergence revolving asset-based lending facility [Member] | Line of Credit [Member]                  
Debt Instrument [Line Items]                  
Maximum borrowing capacity     $ 75,000            
Maximum [Member] | Post-emergence revolving asset-based lending facility [Member] | Subsequent Event [Member] | Line of Credit [Member]                  
Debt Instrument [Line Items]                  
Maximum borrowing capacity   $ 75,000              
Debt Instrument, Covenant Compliance, Capital Expenditure Limitation, Percentage of Annual Budget   125.00%              
Maximum [Member] | London Interbank Offered Rate (LIBOR) [Member] | Post-emergence revolving asset-based lending facility [Member] | Subsequent Event [Member] | Line of Credit [Member]                  
Debt Instrument [Line Items]                  
Debt Instrument, Basis Spread on Variable Rate   2.25%              
Maximum [Member] | Base Rate [Member] | Post-emergence revolving asset-based lending facility [Member] | Subsequent Event [Member] | Line of Credit [Member]                  
Debt Instrument [Line Items]                  
Debt Instrument, Basis Spread on Variable Rate   1.25%              
Line of Credit [Member] | Post-emergence revolving asset-based lending facility [Member] | Subsequent Event [Member]                  
Debt Instrument [Line Items]                  
Letters of Credit Outstanding, Amount 7,100                
Line of Credit Facility, Remaining Borrowing Capacity $ 20,300                
Senior Notes [Member] | Senior Notes [Member]                  
Debt Instrument [Line Items]                  
Contractual Interest Expense on Prepetition Liabilities Not Recognized in Statement of Operations         4,600        
Interest Expense on Prepetition Liabilities Recognized in Statement of Operations         $ 3,100        
Debt Instrument, Redemption, twelve-month period beginning June 1, 2021 [Member] | Subsequent Event [Member] | 2020 Senior Notes [Member]                  
Debt Instrument [Line Items]                  
Debt Instrument, Redemption Price, Percentage   104.00%              
Debt Instrument, Redemption, twelve-month period beginning June 1, 2022 [Member] | Subsequent Event [Member] | 2020 Senior Notes [Member]                  
Debt Instrument [Line Items]                  
Debt Instrument, Redemption Price, Percentage   102.00%              
Debt Instrument, Redemption, twelve-month period beginning June 1, 2023 [Member] | Subsequent Event [Member] | 2020 Senior Notes [Member]                  
Debt Instrument [Line Items]                  
Debt Instrument, Redemption Price, Percentage   101.00%              
Debt Instrument, Redemption, twelve-month period beginning June 1, 2024 [Member] | Subsequent Event [Member] | 2020 Senior Notes [Member]                  
Debt Instrument [Line Items]                  
Debt Instrument, Redemption Price, Percentage   100.00%              
Due on or prior to May 29, 2021 [Member] | Subsequent Event [Member] | 2020 Senior Notes [Member]                  
Debt Instrument [Line Items]                  
Debt Instrument, Portion of Interest due in Cash, Percentage   50.00%              
Debt Instrument, Portion of Interest due In-Kind, Percentage   50.00%              
Debt Instrument, Portion of Interest due in-Kind at Majority Noteholder's Election, Percentage   100.00%              
Commencing up to May 15, 2024 [Member] | London Interbank Offered Rate (LIBOR) [Member] | Subsequent Event [Member] | 2020 Senior Notes [Member]                  
Debt Instrument [Line Items]                  
Debt Instrument, Basis Spread on Variable Rate   9.50%              
Commencing up to May 15, 2024 [Member] | Minimum [Member] | London Interbank Offered Rate (LIBOR) [Member] | Subsequent Event [Member] | 2020 Senior Notes [Member]                  
Debt Instrument [Line Items]                  
Debt instrument, reference rate, minimum   1.50%              
Commencing on or after May 15, 2024 [Member] | London Interbank Offered Rate (LIBOR) [Member] | Subsequent Event [Member] | 2020 Senior Notes [Member]                  
Debt Instrument [Line Items]                  
Debt Instrument, Basis Spread on Variable Rate   10.50%              
Commencing on or after May 15, 2024 [Member] | Minimum [Member] | London Interbank Offered Rate (LIBOR) [Member] | Subsequent Event [Member] | 2020 Senior Notes [Member]                  
Debt Instrument [Line Items]                  
Debt instrument, reference rate, minimum   1.50%              
Consenting Noteholders [Member]                  
Debt Instrument [Line Items]                  
Rights offering commitment amount, noteholders     118,000            
Commitment premium     9,400            
Senior Management [Member]                  
Debt Instrument [Line Items]                  
Rights offering commitment amount, noteholders     1,800            
Commitment premium     $ 100