XML 75 R64.htm IDEA: XBRL DOCUMENT v3.19.1
Note 7 - Debt and Finance Leases (Details Textual)
1 Months Ended 3 Months Ended 24 Months Ended
Apr. 12, 2019
USD ($)
Sep. 03, 2013
USD ($)
Jan. 31, 2019
USD ($)
Mar. 31, 2018
Subsidiary
Mar. 31, 2019
USD ($)
Mar. 31, 2018
USD ($)
Dec. 31, 2017
USD ($)
Dec. 31, 2018
USD ($)
Debt And Capital Leases [Line Items]                
Percentage of Stock of Material Domestic Subsidiaries Securing Credit Agreement   100.00%            
Percentage of Stock of Material First Tier Foreign Subsidiaries Securing Credit Agreement   65.00%            
Term Credit Agreements, U.S. Liquidity, Threshold Below which No Prepayment is Required         $ 100,000,000      
Term Credit Agreements, Prepayments Required in Next Fiscal Year         $ 0      
Term Credit Agreements, Maximum Secured Leverage Ratio         2.75      
Number of subsidiaries designated as unrestricted subsidiaries | Subsidiary       5        
Total Sales         $ 291,000,000 $ 318,000,000    
Percentage of aggregate sales of unrestricted subsidiaries to consolidated sales of entity         1.00% 0.00%    
Aggregate assets of designated subsidiaries         $ 1,538,000,000     $ 1,511,000,000
Percentage of aggregate assets of unrestricted subsidiaries to consolidated assets of entity         1.00%     1.00%
Unrestricted Subsidiaries [Member]                
Debt And Capital Leases [Line Items]                
Total Sales         $ 4,000,000 $ 2,000,000    
Aggregate assets of designated subsidiaries         23,000,000     $ 21,000,000
Prior Credit Agreement [Member]                
Debt And Capital Leases [Line Items]                
Line of Credit Facility, Maximum Borrowing Capacity         200,000,000      
ABL Credit Agreement [Member]                
Debt And Capital Leases [Line Items]                
Line of Credit Facility, Maximum Borrowing Capacity         $ 150,000,000      
Termination date         Jun. 05, 2019      
Long-term Line of Credit         $ 85,000,000     85,000,000
Excess Availability Amount         $ 21,000,000     19,000,000
Fixed Charged Coverage Ratio Required         0.0100      
Excess Availability Below Which the Fixed Charge Coverage Ratio is Triggered         12.50%      
Lender Commitments, Threshold Trigger, Excess Availability Amount         $ 18,750,000     $ 18,750,000
Excess Availability Percentage of Lender Commitments Threshold Triggering Cash Dominion Control         12.50%     12.50%
ABL Credit Agreement [Member] | Restricted Cash [Member]                
Debt And Capital Leases [Line Items]                
Eligible Cash         $ 0     $ 3,000,000
ABL Credit Agreement [Member] | Period one [Member]                
Debt And Capital Leases [Line Items]                
Termination date         May 26, 2021      
ABL Credit Agreement [Member] | Period two [Member]                
Debt And Capital Leases [Line Items]                
Number of days prior to the earliest scheduled maturity date         90 days      
Earliest maturity date         Sep. 03, 2019      
Amended Credit Facility [Member]                
Debt And Capital Leases [Line Items]                
Excess Availability, Calculation, Percentage of Eligible Receivables Less a Dilution Reserve         85.00%      
Excess Availability, Calculation, Percentage of Net Orderly Liquidation Value         85.00%      
Excess Availability, Calculation, Percentage of Eligible Inventory         75.00%      
Excess Availability, Net Orderly Liquidation Equipment Amount         $ 10,000,000      
Excess Availability, Calculation, Percentage of Eligible Equipment         75.00%      
Decrease in excess availability net orderly liquidation equipment amount         $ 1,000,000      
Maximum [Member]                
Debt And Capital Leases [Line Items]                
Secured leverage ratio         2.25%      
Maximum [Member] | ABL Credit Agreement [Member]                
Debt And Capital Leases [Line Items]                
Percentage of aggregate consolidated sales to qualify Restricted Subsidiaries to be designated as Unrestricted Subsidiaries         7.50%      
Percentage of aggregate consolidated assets to qualify Restricted Subsidiaries to be designated as Unrestricted Subsidiaries         7.50%      
Maximum [Member] | Amended Credit Facility [Member] | London Interbank Offered Rate (LIBOR) [Member]                
Debt And Capital Leases [Line Items]                
Debt Instrument, Basis Spread on Variable Rate         2.75%      
Maximum [Member] | Amended Credit Facility [Member] | Base Rate [Member]                
Debt And Capital Leases [Line Items]                
Debt Instrument, Basis Spread on Variable Rate         1.75%      
Minimum [Member] | ABL Credit Agreement [Member]                
Debt And Capital Leases [Line Items]                
Proforma fixed charge coverage ratio         1.00%      
Minimum [Member] | ABL Credit Agreement [Member] | Pro Forma [Member]                
Debt And Capital Leases [Line Items]                
Excess Availability Amount         $ 30,000,000      
Minimum [Member] | Amended Credit Facility [Member] | London Interbank Offered Rate (LIBOR) [Member]                
Debt And Capital Leases [Line Items]                
Debt Instrument, Basis Spread on Variable Rate         2.25%      
Minimum [Member] | Amended Credit Facility [Member] | Base Rate [Member]                
Debt And Capital Leases [Line Items]                
Debt Instrument, Basis Spread on Variable Rate         1.25%      
First Lien Term Loan [Member]                
Debt And Capital Leases [Line Items]                
Debt Instrument, Basis Spread on Variable Rate         6.25%      
LIBOR Floor Percentage         1.00%   1.00%  
Alternate Base Rate         5.25%   5.25%  
Prepayment of principal amount             $ 11,000,000  
First installment principal payments   $ 4,000,000            
Term Credit Agreement and the Second Lien Term Credit Agreement [Member]                
Debt And Capital Leases [Line Items]                
Debt Instrument Face Amount   695,000,000            
Proceeds from Issuance of Other Long-term Debt   664,000,000            
Debt Instrument Unamortized Discount   15,000,000            
Debt Issuance Cost   16,000,000            
First Lien Term Loan [Member]                
Debt And Capital Leases [Line Items]                
Debt Instrument Face Amount   $ 420,000,000     $ 395,000,000      
Debt Instrument, Maturity Date, Description   The loans made under the Term Credit Agreement become due on the earlier to occur of (i) the maturity date of September 3, 2019 or (ii) the acceleration of such loans following the occurrence of an event of default (as defined in the Term Credit Agreement).            
Debt Instrument, Maturity Date   Sep. 03, 2019     Sep. 03, 2019      
First Lien Term Loan [Member] | Subsequent Event [Member]                
Debt And Capital Leases [Line Items]                
Prepayment of principal amount $ 312,000,000              
Second Lien Note Holders [Member]                
Debt And Capital Leases [Line Items]                
Debt Instrument Face Amount   $ 275,000,000            
Debt Instrument, Termination Date   Nov. 15, 2016            
RED-Rochester, LLC [Member]                
Debt And Capital Leases [Line Items]                
Payment received under the agreement     $ 14,000,000          
Minimum payments required under the agreement     2,000,000          
Debt amount under the agreement     $ 14,000,000