XML 55 R43.htm IDEA: XBRL DOCUMENT v3.20.2
Long-Term Debt (Narrative) (Details) - USD ($)
9 Months Ended
Apr. 01, 2020
Dec. 31, 2019
Sep. 13, 2019
Aug. 27, 2019
Sep. 30, 2020
Sep. 30, 2019
Aug. 31, 2019
Apr. 25, 2017
Debt Instrument [Line Items]                
Repayments of debt         $ 26,100,000 $ 573,100,000    
Dividend restrictions         The credit agreement contains restrictions on certain payments, including dividends, when availability under the credit agreement is less than or equal to the greater of 100000000 and 0.25 of the lesser of the revolving commitments and the borrowing base and our fixed charge coverage ratio is less than 1 to 1.0 (unless availability under the credit agreement is greater than 100000000 and 0.4 of the lesser of the revolving commitments and the borrowing base). As of 44104, our ability to make restricted payments was not limited as our fixed charge coverage ratio was greater than 1 to 1.0, at 1.14..      
Fixed charge coverage ratio         1.14      
Fixed charge coverage ratio threshold, percentage of aggregate facility commitments and borrowing base         17.50%      
Fixed charge coverage ratio threshold, amount of aggregate facility commitments and borrowing base         $ 70,000,000      
Secured debt to EBITDA ratio         0.32      
Minimum                
Debt Instrument [Line Items]                
Fixed charge coverage ratio         1.0      
Period for fixed charge coverage ratio threshold (in days)         3 days      
Dividend restriction threshold as amount of availability         $ 100,000,000      
Dividend restriction threshold as a percentage of revolving commitments and borrowing base         25.00%      
Dividend restrictions, fixed charge coverage ratio         1.0      
Maximum                
Debt Instrument [Line Items]                
Secured debt to EBITDA ratio         4.5      
Dividend restriction threshold as a percentage of revolving commitments and borrowing base with consideration of fixed charge coverage ratio         40.00%      
Federal Funds Rate                
Debt Instrument [Line Items]                
Spread over variable rate (percent)         0.50%      
LIBOR                
Debt Instrument [Line Items]                
Spread over variable rate (percent)         1.00%      
Interest period one (in months)         1 month      
Interest period two (in months)         2 months      
Interest period three (in months)         3 months      
Interest period four (in months)         6 months      
Cash                
Debt Instrument [Line Items]                
Percentage of asset available to borrow against         100.00%      
Credit Card Receivables                
Debt Instrument [Line Items]                
Percentage of asset available to borrow against         90.00%      
Investment Grade Accounts                
Debt Instrument [Line Items]                
Percentage of asset available to borrow against         90.00%      
Other Accounts                
Debt Instrument [Line Items]                
Percentage of asset available to borrow against         85.00%      
Midstream Refined Products Inventory                
Debt Instrument [Line Items]                
Percentage of asset available to borrow against         80.00%      
Refined Retail Products Inventory                
Debt Instrument [Line Items]                
Percentage of asset available to borrow against         75.00%      
Retail Merchandise Inventory                
Debt Instrument [Line Items]                
Percentage of asset available to borrow against         70.00%      
Percentage of net orderly liquidation value available to borrow against         85.00%      
ABL facility                
Debt Instrument [Line Items]                
Line of credit facility, maximum borrowing capacity             $ 325,000,000  
ABL facility | LIBOR | Minimum                
Debt Instrument [Line Items]                
Spread over variable rate (percent)         1.50%      
ABL facility | LIBOR | Maximum                
Debt Instrument [Line Items]                
Spread over variable rate (percent)         2.00%      
ABL facility | Alternate Base Rate | Minimum                
Debt Instrument [Line Items]                
Spread over variable rate (percent)         0.50%      
ABL facility | Alternate Base Rate | Maximum                
Debt Instrument [Line Items]                
Spread over variable rate (percent)         1.00%      
Term facility                
Debt Instrument [Line Items]                
Line of credit facility, maximum borrowing capacity             250,000,000.0  
Proceeds borrowed from credit facility   $ 50,000,000   $ 200,000,000        
Term of facility       4 years        
Repayments of debt       $ 57,000,000        
Asset-based loan facility, portion included in current maturities   $ 250,000,000.0     $ 225,000,000      
Quarterly principal payments $ 12,500,000              
Term facility | LIBOR | Minimum                
Debt Instrument [Line Items]                
Spread over variable rate (percent)         2.50%      
Term facility | LIBOR | Maximum                
Debt Instrument [Line Items]                
Spread over variable rate (percent)         2.75%      
Term facility | Alternate Base Rate | Minimum                
Debt Instrument [Line Items]                
Spread over variable rate (percent)         1.50%      
Term facility | Alternate Base Rate | Maximum                
Debt Instrument [Line Items]                
Spread over variable rate (percent)         1.75%      
Uncommitted incremental facility                
Debt Instrument [Line Items]                
Line of credit facility, maximum borrowing capacity             150,000,000  
Letters of credit                
Debt Instrument [Line Items]                
Line of credit facility, sublimit             $ 100,000,000  
Asset Based Loan Facility                
Debt Instrument [Line Items]                
Remaining loan amount available         $ 197,300,000      
5.625% Senior Notes Due 2027 | Senior Notes                
Debt Instrument [Line Items]                
Senior notes, principal amount               $ 300,000,000
Interest rate         5.625%     5.625%
4.75% senior notes due 2029 | Senior Notes                
Debt Instrument [Line Items]                
Senior notes, principal amount     $ 500,000,000          
Interest rate         4.75%      
4.75% senior notes due 2029 | ABL facility | Line of Credit                
Debt Instrument [Line Items]                
Interest rate     4.75%   4.75%      
Term loan due 2023 | Senior Notes                
Debt Instrument [Line Items]                
Redemption of aggregate principal amount     $ 500,000,000          
Asset Based Loan Facility                
Debt Instrument [Line Items]                
Asset-based loan facility, portion included in current maturities         $ 0