XML 46 R36.htm IDEA: XBRL DOCUMENT v3.22.1
Senior Debt (Details) - USD ($)
3 Months Ended
Sep. 21, 2021
Mar. 31, 2022
Mar. 31, 2021
Dec. 31, 2021
Feb. 17, 2021
Debt Instrument [Line Items]          
Original issue discount         $ 4,400,000
Debt issuance costs $ 1,500,000       30,200,000
Other charges   $ 70,148,000 $ 51,119,000    
Letters of credit, amount outstanding   $ 86,400,000      
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage   0.25%      
Line of credit commitment fee   $ 600,000      
2022   6,563,000      
2023   8,750,000      
2024   8,750,000      
2025   8,750,000      
2026   128,750,000      
Thereafter   824,687,000      
Senior debt, net   986,250,000      
Write-off of debt financing fees 5,400,000 0 $ 4,546,000    
Debt Issuance Costs [Member]          
Debt Instrument [Line Items]          
Unamortized Debt Issuance Expense $ 100,000 19,300,000      
Other charges   4,900,000      
Original Issue Discount [Member]          
Debt Instrument [Line Items]          
Unamortized Debt Issuance Expense   $ 2,800,000      
Term loan credit [Member]          
Debt Instrument [Line Items]          
Senior secured term loan facility         875,000,000
Debt Instrument, Maturity Date   Feb. 17, 2028      
Debt Instrument, Frequency of Periodic Payment   quarterly      
Debt Instrument, Periodic Payment, Percent   1.00%      
Actual margin on variable rate   3.81%      
2022   $ 6,563,000      
2023   8,750,000      
2024   8,750,000      
2025   8,750,000      
2026   8,750,000      
Thereafter   824,687,000      
Senior debt, net   $ 866,250,000   $ 197,500,000  
Term loan credit [Member] | Eurodollar [Member]          
Debt Instrument [Line Items]          
Basis margin on variable rate   3.25%      
Term loan credit [Member] | LIBOR [Member]          
Debt Instrument [Line Items]          
Basis margin on variable rate   0.50%      
Term loan credit [Member] | Debt Issuance Costs [Member]          
Debt Instrument [Line Items]          
Unamortized Debt Issuance Expense         25,300,000
ABL credit facility [Member]          
Debt Instrument [Line Items]          
Revolving credit facility commitments         $ 550,000,000
ABL Credit Facility amount available   $ 343,600,000      
Debt Instrument, Maturity Date   Feb. 17, 2026      
Actual margin on variable rate   2.25%      
Required consolidated fixed charge coverage ratio, minimum   1.10      
Actual fixed charge coverage ratio   0.94      
2022   $ 0      
2023   0      
2024   0      
2025   0      
2026   120,000,000      
Thereafter   0      
Senior debt, net   $ 120,000,000      
Maximum [Member]          
Debt Instrument [Line Items]          
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage   0.375%      
Maximum [Member] | Term loan credit [Member] | Eurodollar [Member]          
Debt Instrument [Line Items]          
Basis margin on variable rate   4.00%      
Maximum [Member] | Term loan credit [Member] | LIBOR [Member]          
Debt Instrument [Line Items]          
Basis margin on variable rate   0.75%      
Maximum [Member] | ABL credit facility [Member] | Eurodollar [Member]          
Debt Instrument [Line Items]          
Basis margin on variable rate   2.00%      
Minimum [Member]          
Debt Instrument [Line Items]          
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage   0.25%      
Minimum [Member] | Term loan credit [Member] | Eurodollar [Member]          
Debt Instrument [Line Items]          
Basis margin on variable rate   3.25%      
Minimum [Member] | Term loan credit [Member] | LIBOR [Member]          
Debt Instrument [Line Items]          
Basis margin on variable rate   0.50%      
Minimum [Member] | ABL credit facility [Member] | Eurodollar [Member]          
Debt Instrument [Line Items]          
Basis margin on variable rate   1.50%