XML 49 R35.htm IDEA: XBRL DOCUMENT v3.20.4
DEBT - Credit Facility (Details) - Credit Facility
$ in Millions
3 Months Ended
Dec. 31, 2020
USD ($)
Revolving credit facility  
Revolving credit limit $ 110.0
Increase in borrowing capacity available under loan accordion 25.0
Additional credit advances for certain inventory purchases $ 10.0
Automatic renewal period of agreement unless terminated 1 year
Unused commitment fee (as a percent) 0.25%
Period considered for computing fixed charge coverage ratio 12 months
Threshold of excess availability of credit as a percentage of maximum loan limit, required for financial covenant compliance 10.00%
Restricted amount of dividends on common stock $ 3.5
Current credit limit of the Facility 87.7
Outstanding borrowings under the Facility 33.1
Credit available under the Facility $ 54.6
Average interest rate 2.13%
Peak borrowings under the Facility $ 71.7
Average borrowings under the Facility 49.5
Average availability under the Facility $ 43.1
LIBOR  
Revolving credit facility  
Variable rate basis LIBOR
Minimum basis points added to reference rate (as a percent) 0.50%
Prime rate  
Revolving credit facility  
Variable rate basis prime rate
Minimum  
Revolving credit facility  
Notice period prior to the end of any original or renewal term of the agreement required for terminating the agreement either by the borrower or lender 90 days
Fixed charge coverage ratio 1.0
Minimum | LIBOR  
Revolving credit facility  
Basis points added to reference rate (as a percent) 1.25%
Maximum | LIBOR  
Revolving credit facility  
Basis points added to reference rate (as a percent) 1.50%