XML 52 R41.htm IDEA: XBRL DOCUMENT v3.23.1
Long-Term Debt - Narrative (Details)
1 Months Ended 3 Months Ended
Apr. 25, 2023
USD ($)
Mar. 20, 2023
USD ($)
Jul. 14, 2022
USD ($)
Jul. 31, 2022
USD ($)
Dec. 31, 2019
USD ($)
Nov. 30, 2018
USD ($)
Apr. 01, 2023
USD ($)
subsidiary
Jul. 02, 2022
USD ($)
Apr. 02, 2022
USD ($)
Nov. 30, 2021
USD ($)
Debt Instrument [Line Items]                    
Repayments of secured debt             $ 1,562,000   $ 31,750,000  
Cash flow hedge, gain (loss)             $ (2,130,000)   4,903,000  
Purchase price of acquisition               $ 69,100,000    
BLR Aerospace, LLLC                    
Debt Instrument [Line Items]                    
Purchase price of acquisition   $ 115,000,000                
BLR Aerospace, LLLC | Subsequent event                    
Debt Instrument [Line Items]                    
Purchase price of acquisition $ 115,000,000                  
Payments to acquire business $ 117,000,000                  
Interest Rate Swap                    
Debt Instrument [Line Items]                    
Notional amount                   $ 150,000,000
Average fixed interest rate     1.70%             1.80%
Credit Facilities                    
Debt Instrument [Line Items]                    
Debt amount         $ 480,000,000          
New Credit Facilities                    
Debt Instrument [Line Items]                    
Number of subsidiaries that are not guarantors on debt | subsidiary             2      
Secured Debt                    
Debt Instrument [Line Items]                    
Repayments of secured debt                 30,000,000  
Secured Debt | 2022 Term Loan Maturing July 14, 2027                    
Debt Instrument [Line Items]                    
Debt amount       $ 250,000,000            
Spread on base rate (as a percent)       0.00%            
Repayments of debt             $ 254,200,000      
Proceeds from term loan             $ 250,000,000      
Loss on extinguishment of debt     $ 200,000              
Fees paid to lenders to be capitalized     800,000              
Secured Debt | 2022 Term Loan Maturing July 14, 2027 | Debt Instrument, Quarterly Prepayment, Year One and Year Two                    
Debt Instrument [Line Items]                    
Prepayment amount of principal outstanding       0.625%            
Secured Debt | 2022 Term Loan Maturing July 14, 2027 | Debt Instrument, Quarterly Prepayment, Year Three and Year Four                    
Debt Instrument [Line Items]                    
Prepayment amount of principal outstanding       1.25%            
Secured Debt | 2022 Term Loan Maturing July 14, 2027 | Debt Instrument, Quarterly Prepayment, Year Five                    
Debt Instrument [Line Items]                    
Prepayment amount of principal outstanding       1.875%            
Secured Debt | 2022 Term Loan Maturing July 14, 2027 | SOFR                    
Debt Instrument [Line Items]                    
Spread on base rate (as a percent)       1.00%            
Secured Debt | 2022 Term Loan Maturing July 14, 2027 | SOFR | Minimum                    
Debt Instrument [Line Items]                    
Spread on variable rate (as a percent)       1.375%            
Secured Debt | 2022 Term Loan Maturing July 14, 2027 | SOFR | Maximum                    
Debt Instrument [Line Items]                    
Spread on variable rate (as a percent)       2.375%            
Secured Debt | 2022 Term Loan Maturing July 14, 2027 | Federal Funds Rate                    
Debt Instrument [Line Items]                    
Spread on variable rate (as a percent)       0.50%            
Secured Debt | 2022 Term Loan Maturing July 14, 2027 | Base Rate | Minimum                    
Debt Instrument [Line Items]                    
Spread on variable rate (as a percent)       0.375%            
Secured Debt | 2022 Term Loan Maturing July 14, 2027 | Base Rate | Maximum                    
Debt Instrument [Line Items]                    
Spread on variable rate (as a percent)       1.375%            
Secured Debt | 2019 Term Loan Maturing December 20, 2024                    
Debt Instrument [Line Items]                    
Debt amount         $ 140,000,000          
Prepayment amount of principal outstanding         1.25%          
Repayments of debt                 1,800,000  
Proceeds from term loan         $ 140,000,000          
Repayments of secured debt                 13,000,000  
Secured Debt | 2019 Term Loan Maturing December 20, 2024 | LIBOR | Minimum                    
Debt Instrument [Line Items]                    
Spread on variable rate (as a percent)             1.50%      
Secured Debt | 2019 Term Loan Maturing December 20, 2024 | LIBOR | Maximum                    
Debt Instrument [Line Items]                    
Spread on variable rate (as a percent)             2.50%      
Secured Debt | 2019 Term Loan Maturing December 20, 2024 | Federal Funds Rate                    
Debt Instrument [Line Items]                    
Spread on variable rate (as a percent)             0.50%      
Secured Debt | 2019 Term Loan Maturing December 20, 2024 | Eurodollar Rate                    
Debt Instrument [Line Items]                    
Spread on base rate (as a percent)             1.00%      
Secured Debt | 2019 Term Loan Maturing December 20, 2024 | Base Rate | Minimum                    
Debt Instrument [Line Items]                    
Spread on variable rate (as a percent)             0.50%      
Secured Debt | 2019 Term Loan Maturing December 20, 2024 | Base Rate | Maximum                    
Debt Instrument [Line Items]                    
Spread on variable rate (as a percent)             1.50%      
Secured Debt | 2018 Term Loan                    
Debt Instrument [Line Items]                    
Debt amount           $ 240,000,000        
Prepayment amount of principal outstanding           0.25%        
Repayments of debt         56,000,000          
Repayments of secured debt                 17,000,000  
Secured Debt | 2018 Term Loan | LIBOR | Minimum                    
Debt Instrument [Line Items]                    
Spread on variable rate (as a percent)           3.75%        
Secured Debt | 2018 Term Loan | LIBOR | Maximum                    
Debt Instrument [Line Items]                    
Spread on variable rate (as a percent)           4.00%        
Secured Debt | 2018 Term Loan | Federal Funds Rate                    
Debt Instrument [Line Items]                    
Spread on variable rate (as a percent)           0.50%        
Secured Debt | 2018 Term Loan | Eurodollar Rate                    
Debt Instrument [Line Items]                    
Spread on base rate (as a percent)           1.00%        
Secured Debt | 2018 Term Loan | Base Rate | Minimum                    
Debt Instrument [Line Items]                    
Spread on variable rate (as a percent)           3.75%        
Secured Debt | 2018 Term Loan | Base Rate | Maximum                    
Debt Instrument [Line Items]                    
Spread on variable rate (as a percent)           4.00%        
Secured Debt | New Term Loan Maturing December 20, 2024                    
Debt Instrument [Line Items]                    
Repayments of debt             $ 1,600,000      
Secured Debt | Other instruments                    
Debt Instrument [Line Items]                    
Repayments of secured debt             $ 0   $ 0  
Revolving Credit Facility | 2022 Revolving Credit Facility Due July 14, 2027                    
Debt Instrument [Line Items]                    
Line of credit facility, maximum borrowing capacity       $ 200,000,000            
Fees paid to lenders to be capitalized     1,700,000              
Revolving Credit Facility | 2022 Revolving Credit Facility Due July 14, 2027 | Minimum                    
Debt Instrument [Line Items]                    
Commitment fee             0.175%      
Revolving Credit Facility | 2022 Revolving Credit Facility Due July 14, 2027 | Maximum                    
Debt Instrument [Line Items]                    
Commitment fee             0.275%      
Revolving Credit Facility | 2022 Revolving Credit Facility Due July 14, 2027 | SOFR                    
Debt Instrument [Line Items]                    
Spread on base rate (as a percent)             1.00%      
Revolving Credit Facility | 2022 Revolving Credit Facility Due July 14, 2027 | SOFR | Minimum                    
Debt Instrument [Line Items]                    
Spread on variable rate (as a percent)             1.375%      
Revolving Credit Facility | 2022 Revolving Credit Facility Due July 14, 2027 | SOFR | Maximum                    
Debt Instrument [Line Items]                    
Spread on variable rate (as a percent)             2.375%      
Revolving Credit Facility | 2022 Revolving Credit Facility Due July 14, 2027 | Federal Funds Rate                    
Debt Instrument [Line Items]                    
Spread on variable rate (as a percent)             0.50%      
Revolving Credit Facility | 2022 Revolving Credit Facility Due July 14, 2027 | Base Rate | Minimum                    
Debt Instrument [Line Items]                    
Spread on variable rate (as a percent)             0.375%      
Revolving Credit Facility | 2022 Revolving Credit Facility Due July 14, 2027 | Base Rate | Maximum                    
Debt Instrument [Line Items]                    
Spread on variable rate (as a percent)             1.375%      
Revolving Credit Facility | 2019 Revolving Credit Facility Due December 20, 2024                    
Debt Instrument [Line Items]                    
Line of credit facility, maximum borrowing capacity         100,000,000          
Amortization of debt issuance costs     100,000              
Debt issuance costs, line of credit arrangements     800,000              
Revolving Credit Facility | 2019 Revolving Credit Facility Due December 20, 2024 | Minimum                    
Debt Instrument [Line Items]                    
Commitment fee             0.175%      
Revolving Credit Facility | 2019 Revolving Credit Facility Due December 20, 2024 | Maximum                    
Debt Instrument [Line Items]                    
Commitment fee             0.275%      
Revolving Credit Facility | 2019 Revolving Credit Facility Due December 20, 2024 | LIBOR | Minimum                    
Debt Instrument [Line Items]                    
Spread on variable rate (as a percent)             1.50%      
Revolving Credit Facility | 2019 Revolving Credit Facility Due December 20, 2024 | LIBOR | Maximum                    
Debt Instrument [Line Items]                    
Spread on variable rate (as a percent)             2.50%      
Revolving Credit Facility | 2019 Revolving Credit Facility Due December 20, 2024 | Federal Funds Rate                    
Debt Instrument [Line Items]                    
Spread on variable rate (as a percent)             0.50%      
Revolving Credit Facility | 2019 Revolving Credit Facility Due December 20, 2024 | Eurodollar Rate                    
Debt Instrument [Line Items]                    
Spread on base rate (as a percent)             1.00%      
Revolving Credit Facility | 2019 Revolving Credit Facility Due December 20, 2024 | Base Rate | Minimum                    
Debt Instrument [Line Items]                    
Spread on variable rate (as a percent)             0.50%      
Revolving Credit Facility | 2019 Revolving Credit Facility Due December 20, 2024 | Base Rate | Maximum                    
Debt Instrument [Line Items]                    
Spread on variable rate (as a percent)             1.50%      
Revolving Credit Facility | 2018 Revolving Credit Facility Maturing November 21, 2023                    
Debt Instrument [Line Items]                    
Line of credit facility, maximum borrowing capacity         100,000,000          
Percentage of excess cash flow payment when leverage ratio is greater than 3.25           50.00%        
Percentage of excess cash flow payment when leverage ratio is less than or equal to 3.25 but greater than 2.50           25.00%        
Percentage of excess cash flow payment when leverage ratio is less than or equal to 2.50           0.00%        
Repayments of lines of credit         $ 58,500,000          
Revolving Credit Facility | 2018 Revolving Credit Facility Maturing November 21, 2023 | 50% of Excess Cash Flow Amount                    
Debt Instrument [Line Items]                    
Adjusted leverage ratio, minimum           3.25        
Revolving Credit Facility | 2018 Revolving Credit Facility Maturing November 21, 2023 | 25% of Excess Cash Flow Amount                    
Debt Instrument [Line Items]                    
Adjusted leverage ratio, minimum           2.50        
Adjusted leverage ratio, maximum           3.25        
Revolving Credit Facility | 2018 Revolving Credit Facility Maturing November 21, 2023 | 0% of Excess Cash Flow Amount                    
Debt Instrument [Line Items]                    
Adjusted leverage ratio, maximum           2.50        
Revolving Credit Facility | 2018 Term Loan                    
Debt Instrument [Line Items]                    
Fees paid to lenders to be capitalized     $ 1,000,000              
Revolving Credit Facility | New Credit Facilities                    
Debt Instrument [Line Items]                    
Remaining borrowing capacity             $ 199,800,000      
Outstanding standby letters of credit             $ 200,000