XML 60 R48.htm IDEA: XBRL DOCUMENT v3.23.3
Long-Term Debt - Narrative (Details) - USD ($)
3 Months Ended 9 Months Ended
Jun. 28, 2023
Jun. 27, 2023
Apr. 19, 2023
Jan. 20, 2022
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Dec. 31, 2022
Aug. 05, 2022
Debt Instruments                    
Debt instrument, covenant compliance             in compliance with all covenants under the indentures governing the Senior Notes      
Line of credit facility, remaining borrowing capacity         $ 326,500,000   $ 326,500,000      
Debt instrument, repurchase amount         325,000,000.0   325,000,000.0      
Debt extinguishment costs         (300,000) $ (40,400,000) (5,500,000) $ (41,400,000)    
MRL asset financing arrangements         388,000,000.0   388,000,000.0   $ 370,100,000  
9.75% Senior Notes due 2028                    
Debt Instruments                    
Proceeds used for repurchase of debt $ 125,500,000                  
Fixed interest rate   9.75%                
11.00% Senior Notes due 2025                    
Debt Instruments                    
Debt instrument, repurchase amount 100,000,000.0 $ 100,000,000.0                
Revolving Credit Facility                    
Debt Instruments                    
Senior secured revolving credit facility         500,000,000.0   $ 500,000,000.0      
Line of credit amendment       Jan. 20, 2022            
Line of credit facility, covenant terms             if the Company’s availability to borrow loans under the revolving credit facility falls below an amount equal to the greater of (i) 10% of the Borrowing Base (as defined in the Credit Agreement) then in effect, and (ii) $35.0 million (which amount is subject to increase in proportion to revolving commitment increases), plus the amount of FILO loans outstanding, then the Company will be required to maintain as of the end of each fiscal quarter a Fixed Charge Coverage Ratio (as defined in the Credit Agreement) of at least 1.0 to 1.0.      
Revolving credit facility, amendment duration       5 years            
Letters of credit outstanding, amount         18,700,000   $ 18,700,000      
Line of credit facility, current borrowing capacity         $ 416,300,000   $ 416,300,000      
8.125% Senior Notes due July 2027                    
Debt Instruments                    
Senior notes, issuance date       Jan. 20, 2022            
Senior notes issued, gross       $ 325,000,000.0            
Proceeds from debt       $ 319,100,000            
Fixed interest rate       8.125% 8.125%   8.125%   8.125%  
Debt extinguishment costs               $ (1,000,000.0)    
MRL Asset #2                    
Debt Instruments                    
MRL asset financing arrangements                   $ 250,000,000.0
MRL Asset #3                    
Debt Instruments                    
MRL asset financing arrangements                   $ 100,000,000.0
MRL Revolving Credit Agreement                    
Debt Instruments                    
MRL revolving credit agreement         $ 0   $ 0      
MRL revolving credit agreement, current borrowing capacity         37,400,000   37,400,000      
MRL revolving credit agreement , maximum borrowing capacity, optional Increase per request         15,000,000.0   15,000,000.0      
MRL revolving credit agreement, maximum borrowing capacity         90,000,000.0   90,000,000.0      
2025 Notes                    
Debt Instruments                    
Debt instrument, repurchase amount $ 21,000,000.0 $ 200,000,000.0     $ 179,000,000.0   $ 179,000,000.0      
9.75% July 2028, Notes                    
Debt Instruments                    
Senior notes, issuance date   Jun. 27, 2023                
Senior notes issued, gross   $ 325,000,000.0                
Proceeds from debt   $ 319,100,000                
Fixed interest rate         9.75%   9.75%      
2024 Secured Notes and 2025 Notes                    
Debt Instruments                    
Debt extinguishment costs             $ 5,500,000      
MRL Term Loan Credit Agreement                    
Debt Instruments                    
Quarterly installments of borrowings payable in percentage of outstanding principal     0.25%              
Face amount     $ 75,000,000.0              
MRL Term Loan Credit Agreement | Minimum | Secured Overnight Financing Rate (SOFR)                    
Debt Instruments                    
Debt instrument, basis spread on variable rate     6.00%              
MRL Term Loan Credit Agreement | Maximum | Secured Overnight Financing Rate (SOFR)                    
Debt Instruments                    
Debt instrument, basis spread on variable rate     7.30%