XML 22 R27.htm IDEA: XBRL DOCUMENT v3.20.1
Borrowing Arrangements - Additional Information (Detail) - USD ($)
3 Months Ended
May 11, 2020
May 03, 2020
Debt Instrument [Line Items]    
Maximum borrowing capacity under letter of credit facilities including additional borrowing capacity   $ 70,000,000
Interest rate description   Interest on unreimbursed amounts under the letter of credit facilities accrues at a base rate as defined in the credit facility plus an applicable margin based on our leverage ratio.
Letter of credit facilities, maturity date   Aug. 23, 2020
Outstanding letter of credit facilities   $ 7,099,000
Latest expiration date possible for future letters of credit   Jan. 21, 2021
Borrowings under revolving line of credit   $ 487,823,000
Line of credit   500,000,000
Standby Letters of Credit    
Debt Instrument [Line Items]    
Amount issued but undrawn under credit facility   12,177,000
Revolving Credit Facility [Member] | Subsequent Event [Member] | 364-Day Credit Agreement [Member]    
Debt Instrument [Line Items]    
Current borrowing capacity $ 200,000,000  
Revolving line, maturity date May 10, 2021  
Interest rate description Under the 364-Day Credit Agreement, the interest rate is variable and may be elected by us as: (i) LIBOR plus an applicable margin based on our leverage ratio ranging from 1.75% to 2.5% or (ii) a base rate as defined in the agreement, plus an applicable margin ranging from 0.75% to 1.5%. The 364-Day Credit Agreement matures on May 10, 2021.  
Base Rate | Maximum | Revolving Credit Facility [Member] | Subsequent Event [Member] | 364-Day Credit Agreement [Member]    
Debt Instrument [Line Items]    
Leverage ratio 1.50%  
Base Rate | Minimum | Revolving Credit Facility [Member] | Subsequent Event [Member] | 364-Day Credit Agreement [Member]    
Debt Instrument [Line Items]    
Leverage ratio 0.75%  
London Interbank Offered Rate (LIBOR) [Member] | Maximum | Revolving Credit Facility [Member] | Subsequent Event [Member] | 364-Day Credit Agreement [Member]    
Debt Instrument [Line Items]    
Leverage ratio 2.50%  
London Interbank Offered Rate (LIBOR) [Member] | Minimum | Revolving Credit Facility [Member] | Subsequent Event [Member] | 364-Day Credit Agreement [Member]    
Debt Instrument [Line Items]    
Leverage ratio 1.75%  
Unsecured Revolving Line Of Credit    
Debt Instrument [Line Items]    
Current borrowing capacity   $ 500,000,000
Revolving line, maturity date   Jan. 08, 2023
Weighted average interest rate   2.00%
Interest rate description   Under the Credit Facility Amendment, the interest rate applicable to the credit facility is variable, and may be elected by us as: (i) the London Interbank Offer Rate (“LIBOR”) plus an applicable margin based on our leverage ratio ranging from 0.91% to 1.775% for a revolver borrowing, and 1.75% to 2.5% for the term loan, or (ii) a base rate as defined in the credit facility, plus an applicable margin ranging from 0% to 0.775% for a revolver borrowing, and 0.75% to 1.5% for the term loan.
Maximum borrowing capacity including additional borrowing capacity   $ 250,000,000
Borrowings under revolving line of credit   487,823,000
Unsecured Revolving Line Of Credit | Maximum    
Debt Instrument [Line Items]    
Additional borrowing capacity   $ 750,000,000
Unsecured Revolving Line Of Credit | Margin Based On Leverage Ratio | Maximum    
Debt Instrument [Line Items]    
Leverage ratio   1.775%
Unsecured Revolving Line Of Credit | Margin Based On Leverage Ratio | Minimum    
Debt Instrument [Line Items]    
Leverage ratio   0.91%
Unsecured Revolving Line Of Credit | Base Rate | Maximum    
Debt Instrument [Line Items]    
Leverage ratio   0.775%
Unsecured Revolving Line Of Credit | Base Rate | Minimum    
Debt Instrument [Line Items]    
Leverage ratio   0.00%
Unsecured Term Loan Facility    
Debt Instrument [Line Items]    
Debt instrument face amount   $ 300,000,000
Weighted average interest rate   2.55%
Long term debt   $ 300,000,000
Debt instrument, maturity date   Jan. 08, 2022
Unsecured Term Loan Facility | Margin Based On Leverage Ratio | Maximum    
Debt Instrument [Line Items]    
Leverage ratio   2.50%
Unsecured Term Loan Facility | Margin Based On Leverage Ratio | Minimum    
Debt Instrument [Line Items]    
Leverage ratio   1.75%
Unsecured Term Loan Facility | Base Rate | Maximum    
Debt Instrument [Line Items]    
Leverage ratio   1.50%
Unsecured Term Loan Facility | Base Rate | Minimum    
Debt Instrument [Line Items]    
Leverage ratio   0.75%