XML 69 R49.htm IDEA: XBRL DOCUMENT v3.22.4
Long-Term Debt and Short-Term Borrowings - Credit Agreement and Short-Term Borrowings (Details)
12 Months Ended
Feb. 10, 2023
Dec. 29, 2022
USD ($)
Jul. 29, 2022
USD ($)
Dec. 29, 2022
USD ($)
Dec. 30, 2021
USD ($)
Jul. 28, 2022
Jul. 13, 2021
USD ($)
Apr. 29, 2020
USD ($)
Jan. 09, 2020
USD ($)
Debt Instrument [Line Items]                  
Interest rate of unsecured term note       5.75% 5.75%        
Short-term borrowings   $ 0   $ 0 $ 47,346,000        
Pre-payment of outstanding borrowings     $ 46,679,000            
Covenant for EBITDA   70,000,000              
Covenant for the amount of liquidity   50,000,000   50,000,000          
Covenant regarding the capital expenditure       50,000,000 $ 40,000,000        
Maximum limit of cash on hand for not paying the revolving loans   75,000,000   $ 75,000,000          
Term Loan A                  
Debt Instrument [Line Items]                  
Short-term borrowings               $ 90,800,000  
Current borrowing capacity             $ 50,000,000    
Term Loan A | Secured Overnight Financing Rate (SOFR) | Subsequent Event                  
Debt Instrument [Line Items]                  
Specified margin (as a percent) 2.75%                
Term Loan A | LIBOR                  
Debt Instrument [Line Items]                  
Specified margin (as a percent)       2.75%          
Term Loan A | ABR                  
Debt Instrument [Line Items]                  
Specified margin (as a percent)       1.75%          
Term Loan A | ABR | Subsequent Event                  
Debt Instrument [Line Items]                  
Specified margin (as a percent) 1.75%                
Credit Agreement                  
Debt Instrument [Line Items]                  
Maximum borrowing capacity                 $ 225,000,000
Outstanding amount   $ 0   $ 0          
Debt instrument, fixed charge coverage ratio           3.0      
Floor   1.00%   1.00%          
Facility fee (as a percent)       0.40%          
Priority debt as a percentage of consolidated total capitalization       20.00%          
Consolidated debt to capitalization ratio       0.55          
Consolidated fixed charge coverage ratio       2.5          
Credit Agreement | Subsequent Event                  
Debt Instrument [Line Items]                  
Floor 1.00%                
Specified margin (as a percent) 0.50%                
Credit Agreement | Secured Overnight Financing Rate (SOFR)                  
Debt Instrument [Line Items]                  
Specified margin (as a percent)       0.50%          
Credit Agreement | Secured Overnight Financing Rate (SOFR) | Subsequent Event                  
Debt Instrument [Line Items]                  
Floor 0.00%                
Specified margin (as a percent) 0.10%                
Credit Agreement | Secured Overnight Financing Rate (SOFR) | Subject to 1% Floor | Subsequent Event                  
Debt Instrument [Line Items]                  
Specified margin (as a percent) 1.00%                
Credit Agreement | LIBOR | Subject to 1% Floor                  
Debt Instrument [Line Items]                  
Specified margin (as a percent)       1.00%          
Revolving Credit Facility                  
Debt Instrument [Line Items]                  
Maximum borrowing capacity   $ 225,000,000   $ 225,000,000          
Effective interest rate   6.75%   6.75%          
Face amount   $ 225,000,000   $ 225,000,000          
Remaining borrowing capacity   $ 221,809,000   $ 221,809,000          
Revolving Credit Facility | Subsequent Event                  
Debt Instrument [Line Items]                  
Facility fee (as a percent) 0.40%                
Revolving Credit Facility | Secured Overnight Financing Rate (SOFR) | Subsequent Event                  
Debt Instrument [Line Items]                  
Specified margin (as a percent) 2.35%                
Revolving Credit Facility | LIBOR                  
Debt Instrument [Line Items]                  
Specified margin (as a percent)       2.35%          
Revolving Credit Facility | ABR                  
Debt Instrument [Line Items]                  
Specified margin (as a percent)       1.35%          
Revolving Credit Facility | ABR | Subsequent Event                  
Debt Instrument [Line Items]                  
Specified margin (as a percent) 1.35%                
Minimum | Credit Agreement                  
Debt Instrument [Line Items]                  
Debt instrument, fixed charge coverage ratio     2.5            
Facility fee (as a percent)       0.125%          
Minimum | Credit Agreement | Subsequent Event                  
Debt Instrument [Line Items]                  
Facility fee (as a percent) 0.125%                
Maximum | Credit Agreement                  
Debt Instrument [Line Items]                  
Facility fee (as a percent)       0.25%          
Maximum | Credit Agreement | Subsequent Event                  
Debt Instrument [Line Items]                  
Facility fee (as a percent) 0.25%                
Mortgage Notes                  
Debt Instrument [Line Items]                  
Weighted average interest rate         4.27%        
Mortgage Notes | Minimum                  
Debt Instrument [Line Items]                  
Interest rate of unsecured term note       3.00%          
Mortgage Notes | Maximum                  
Debt Instrument [Line Items]                  
Interest rate of unsecured term note       5.03%