XML 67 R48.htm IDEA: XBRL DOCUMENT v3.21.1
Long-Term Debt - Narrative (Details)
1 Months Ended 6 Months Ended
Oct. 15, 2020
USD ($)
Sep. 27, 2019
USD ($)
Dec. 14, 2017
USD ($)
Nov. 09, 2015
USD ($)
Nov. 30, 2020
USD ($)
Mar. 27, 2021
USD ($)
Mar. 28, 2020
USD ($)
Apr. 16, 2021
USD ($)
Oct. 31, 2020
Sep. 26, 2020
USD ($)
Dec. 31, 2017
Apr. 22, 2016
Components of long-term debt                        
Premium paid on extinguishment of debt           $ 6,124,000 $ 0          
Line of credit facility, commitment fee percentage   0.125%                    
Revolving credit facility | LIBOR-based borrowings                        
Components of long-term debt                        
Applicable interest margin rate on the credit facility   0.00%                    
Letter of credit                        
Components of long-term debt                        
Other letters of credit outstanding           $ 1,600,000            
Standby letters of credit                        
Components of long-term debt                        
Letters of credit outstanding   $ 50,000,000                    
Short-term Debt                        
Components of long-term debt                        
Letters of credit outstanding   40,000,000                    
Secured debt | Base rate borrowings                        
Components of long-term debt                        
Applicable interest margin rate on the credit facility           0.00%            
Secured debt | Revolving credit facility                        
Components of long-term debt                        
Credit facility, maximum principal amount   400,000,000                    
Credit facility, additional borrowings available   $ 200,000,000                    
Credit facility, available capacity           $ 210,000,000            
Amount borrowed to partially finance acquisition           190,000,000            
Other letters of credit outstanding           0            
Debt issuance costs           $ 1,600,000            
Debt instrument fixed charge coverage ratio                       1.00
Secured debt | Revolving credit facility | Federal funds rate                        
Components of long-term debt                        
Applicable interest margin rate on the credit facility   0.50%                    
Secured debt | Revolving credit facility | One-month LIBOR                        
Components of long-term debt                        
Applicable interest margin rate on the credit facility   1.00%                    
Secured debt | Revolving credit facility | LIBOR-based borrowings                        
Components of long-term debt                        
Applicable interest margin rate on the credit facility           1.00%            
Applicable interest rate on the credit facility           1.10%            
Secured debt | Revolving credit facility | Base rate borrowings                        
Components of long-term debt                        
Applicable interest rate on the credit facility           3.30%            
Secured debt | Revolving credit facility | Minimum | LIBOR-based borrowings                        
Components of long-term debt                        
Applicable interest margin rate on the credit facility   1.00%                    
Secured debt | Revolving credit facility | Minimum | Base rate borrowings                        
Components of long-term debt                        
Applicable interest margin rate on the credit facility   0.00%                    
Secured debt | Revolving credit facility | Maximum | LIBOR-based borrowings                        
Components of long-term debt                        
Applicable interest margin rate on the credit facility   1.50%                    
Secured debt | Revolving credit facility | Maximum | Base rate borrowings                        
Components of long-term debt                        
Applicable interest margin rate on the credit facility   0.50%                    
Senior notes, interest at 4.125%, payable semi-annually, principal due October 2030 | Upon change of control                        
Components of long-term debt                        
Debt redemption price percentage 101.00%                      
Senior notes, interest at 4.125%, payable semi-annually, principal due October 2030 | Senior notes                        
Components of long-term debt                        
Aggregate principal amount of debt $ 500,000,000         $ 500,000,000 0     $ 0    
Interest rate 4.125%         4.125%     4.125%      
Debt redemption price percentage 104.125%                      
Debt issuance costs $ 8,000,000.0                      
Percentage of purchase price equal 100.00%                      
Redemption percentage 40.00%                      
Senior notes, interest at 4.125%, payable semi-annually, principal due October 2030 | Senior notes | Redemption period one                        
Components of long-term debt                        
Debt redemption price percentage 102.063%                      
Senior notes, interest at 4.125%, payable semi-annually, principal due October 2030 | Senior notes | Redemption period two                        
Components of long-term debt                        
Debt redemption price percentage 101.375%                      
Senior notes, interest at 4.125%, payable semi-annually, principal due October 2030 | Senior notes | Redemption period three                        
Components of long-term debt                        
Debt redemption price percentage 100.688%                      
Senior notes, interest at 4.125%, payable semi-annually, principal due October 2030 | Senior notes | Redemption period four                        
Components of long-term debt                        
Debt redemption price percentage 100.00%                      
Senior notes, interest at 6.125%, payable semi-annually, principal due November 2023 | Senior notes                        
Components of long-term debt                        
Aggregate principal amount of debt       $ 400,000,000   $ 0 400,000,000     400,000,000    
Interest rate 6.125%     6.125%   6.125%            
Premium paid on extinguishment of debt         $ 6,100,000              
Interest expense, debt         1,400,000              
Write off of deferred debt issuance cost         $ 2,500,000              
Senior notes, interest at 6.125%, payable semi-annually, principal due November 2023 | Senior notes | Redemption period two                        
Components of long-term debt                        
Debt redemption price percentage       101.531%                
Senior notes, interest at 5.125%, payable semi-annually, principal due February 2028 | Redemption period two                        
Components of long-term debt                        
Debt redemption price percentage     102.563%                  
Senior notes, interest at 5.125%, payable semi-annually, principal due February 2028 | Redemption period three                        
Components of long-term debt                        
Debt redemption price percentage     101.708%                  
Senior notes, interest at 5.125%, payable semi-annually, principal due February 2028 | Redemption period four                        
Components of long-term debt                        
Debt redemption price percentage     100.854%                  
Senior notes, interest at 5.125%, payable semi-annually, principal due February 2028 | Redemption period five                        
Components of long-term debt                        
Debt redemption price percentage     100.00%                  
Senior notes, interest at 5.125%, payable semi-annually, principal due February 2028 | Senior notes                        
Components of long-term debt                        
Aggregate principal amount of debt     $ 300,000,000     $ 300,000,000 $ 300,000,000     $ 300,000,000    
Interest rate     5.125%     5.125%         5.125%  
Debt issuance cost     $ 4,800,000                  
4.125% Senior notes due April 2031 | Senior notes | Subsequent event                        
Components of long-term debt                        
Aggregate principal amount of debt               $ 400,000,000        
Interest rate               4.125%        
Debt issuance cost               $ 6,000,000