XML 92 R68.htm IDEA: XBRL DOCUMENT v3.20.4
Long-Term Debt - Additional Information (Detail)
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 14, 2020
USD ($)
Jun. 05, 2020
USD ($)
Mar. 23, 2020
USD ($)
Oct. 10, 2019
USD ($)
May 31, 2019
USD ($)
Nov. 29, 2017
USD ($)
Jul. 02, 2022
Apr. 02, 2022
Jan. 02, 2021
USD ($)
Jan. 01, 2022
Jan. 02, 2021
USD ($)
Dec. 28, 2019
USD ($)
Debt Instrument                        
Total Debt                 $ 1,509,000,000   $ 1,509,000,000  
Loan outstanding amount                 $ 1,509,000,000   $ 1,509,000,000 $ 1,605,250,000
Percentage of equity interests pledged                     100.00%  
Effective Interest Rate [1]                 6.94%   6.94% 8.07%
Average interest rate on outstanding debt, exclusive the impact of swap                 7.03%   7.03% 8.08%
Average interest rate on outstanding debt, including the impact of swap                     7.41% 7.59%
Scenario, Forecast                        
Debt Instrument                        
Increase decrease in consolidated first lien leverage ratio             3.75 4.50        
Maximum                        
Debt Instrument                        
Pledge percentage of first tier foreign subsidiaries directly owned by company or wholly owned subsidiaries                     65.00%  
Revolving Credit Facility                        
Debt Instrument                        
Total Debt           $ 150,000,000     $ 1,485,800,000   $ 1,485,800,000 $ 1,576,170,000
Line of credit facility drawn amount                 0   0 0
Credit Facility, maximum borrowing capacity $ 175,000,000                      
Credit Facility, increase in amount $ 25,000,000                      
Repayment of line of credit   $ 148,000,000                    
Loan outstanding amount                 0   0 $ 0
Credit facility available amount                 173,846,000   173,846,000  
Line of credit facility, issued but undrawn letters of credit                 $ 1,154,000   $ 1,154,000  
Consolidated first lien leverage ratio 3.75                   2.75  
Effective Interest Rate [1]                 3.03%   3.03% 0.00%
Percentage of equity interests pledged 0.625%                   0.35%  
Minimum outstanding amount to compliance springing maintenance covenant                     33.33%  
Increase decrease in consolidated first lien leverage ratio                 4.50      
Maximum decrease amount not compliance with maintenance covenant                     $ 58,333,000,000  
Revolving Credit Facility | Scenario, Forecast                        
Debt Instrument                        
Increase decrease in consolidated first lien leverage ratio                   5.00    
Term Loan Facility                        
Debt Instrument                        
Total Debt           1,540,000,000     $ 1,209,000,000   $ 1,209,000,000  
Term Loan Facility | Higher of Federal Funds Effective Rate and Overnight Bank Funding Rate                        
Debt Instrument                        
Credit facility, interest rate                     0.50%  
Term Loan Facility | London Interbank Offered Rate (LIBOR)                        
Debt Instrument                        
Credit facility, interest rate                     1.00%  
Debt instrument variable rate floor percent determined option one                     0.75%  
Effective Interest Rate                 4.75%   4.75%  
Term Loan Facility | Maximum | London Interbank Offered Rate (LIBOR)                        
Debt Instrument                        
Debt instrument variable rate floor percent determined option one                     1.75%  
Notes due December 1, 2025                        
Debt Instrument                        
Total Debt           $ 300,000,000     $ 300,000,000   $ 300,000,000  
Debt Instrument Interest Rate Stated Percentage           8.625%     8.625%   8.625%  
Loan outstanding amount                 $ 300,000,000   $ 300,000,000 $ 300,000,000
Effective Interest Rate [1]                 8.71%   8.71% 8.72%
Debt instrument issued date                     Nov. 29, 2017  
Debt instrument, due date                     Dec. 01, 2025  
Debt instrument interest payment term                     Interest on the Notes is payable semi-annually on June 1 and December 1 of each year, beginning on June 1, 2018.  
Debt Instrument, redemption, description                     On or after December 1, 2020, the Company may on any one or more occasions redeem some or all of the Notes at a purchase price equal to 104.313% of the principal amount of the Notes, plus accrued and unpaid interest, if any, to, but not including, the redemption date, such optional redemption price decreasing to 102.156% on or after December 1, 2021 and to 100.000% on or after December 1, 2022.  
Notes due December 1, 2025 | Change of Control                        
Debt Instrument                        
Repurchase price of principal amount of notes plus accrued and unpaid interest                     101.00%  
Notes due December 1, 2025 | Sale of Assets                        
Debt Instrument                        
Repurchase price of principal amount of notes plus accrued and unpaid interest                     100.00%  
Notes due December 1, 2025 | Debt Instrument Redemption Date, December 1, 2020                        
Debt Instrument                        
Debt Instrument, percentage of principal can be redeemed                     104.313%  
Debt Instrument, redemption date                     Dec. 01, 2020  
Notes due December 1, 2025 | Debt Instrument Redemption Date, December 1, 2021                        
Debt Instrument                        
Debt Instrument, percentage of principal can be redeemed                     102.156%  
Debt Instrument, redemption date                     Dec. 01, 2021  
Notes due December 1, 2025 | Debt Instrument Redemption Date, December 1, 2022                        
Debt Instrument                        
Debt Instrument, percentage of principal can be redeemed                     100.00%  
Debt Instrument, redemption date                     Dec. 01, 2022  
Senior Secured Tranche B Term Loan | Term Loan Facility                        
Debt Instrument                        
Credit Facility, maximum borrowing capacity           $ 1,540,000,000            
Debt Instrument, maturity year           2024            
Prepayment of principal amount       $ 50,000,000 $ 50,000,000              
Write-off of deferred financing fees                       $ 526,000
Senior Secured Revolving Credit Facility | Revolving Credit Facility                        
Debt Instrument                        
Credit Facility, maximum borrowing capacity           $ 150,000,000            
Debt Instrument, maturity year           2022            
Credit facility, amount drew     $ 148,000,000                  
Term Loan due November 29, 2024                        
Debt Instrument                        
Loan outstanding amount                 $ 1,209,000,000   $ 1,209,000,000 $ 1,305,250,000
Effective Interest Rate [1]                 6.60%   6.60% 7.93%
Term Loan due November 29, 2024 | Senior Secured Credit Facilities                        
Debt Instrument                        
Loan outstanding amount                 $ 1,209,000,000   $ 1,209,000,000  
Revolving Credit Facility                        
Debt Instrument                        
Total Debt                 $ 0   $ 0  
Revolving Credit Facility | Higher of Federal Funds Effective Rate and Overnight Bank Funding Rate                        
Debt Instrument                        
Credit facility, interest rate                     0.50%  
Revolving Credit Facility | London Interbank Offered Rate (LIBOR)                        
Debt Instrument                        
Credit facility, interest rate                     1.00%  
Effective Interest Rate                 2.25%   2.25%  
Revolving Credit Facility | Consolidated First Lien Leverage Ratio Greater Than Or Equal To Three Point Seven Five                        
Debt Instrument                        
Credit facility, interest rate 3.00%                      
Consolidated first lien leverage ratio 3.75                      
Credit Facilities                        
Debt Instrument                        
Total Debt           $ 1,565,000,000     $ 1,509,000,000   $ 1,509,000,000  
Line of credit facility drawn amount           $ 25,000,000            
[1] Includes amortization of deferred financing costs and debt discount.