XML 80 R63.htm IDEA: XBRL DOCUMENT v3.22.1
DEBT (Details)
1 Months Ended 12 Months Ended
Dec. 29, 2021
USD ($)
May 17, 2021
USD ($)
Mar. 04, 2021
USD ($)
Jul. 02, 2018
USD ($)
May 31, 2015
USD ($)
Apr. 02, 2022
USD ($)
letter_of_credit
Apr. 03, 2021
USD ($)
Mar. 28, 2020
USD ($)
Debt Disclosure [Line Items]                
Debt Instrument, Number Of Letters Of Credit | letter_of_credit           4    
Proceeds from issuance of senior notes, net of issuance costs           $ 0 $ 493,922,000 $ 0
Line Of Credit Facility, Periodic Payment, Principal, Percentage Multiplied By Funded Amount       0.25%        
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net           $ 16,500,000 22,600,000  
Debt Instrument, Debt Default, Interest Rate In Excess Of Applicable Rate           2.00%    
5.50% Senior Notes                
Debt Disclosure [Line Items]                
Extinguishment of debt   $ 493,900,000            
Senior notes | 5.50% Senior Notes                
Debt Disclosure [Line Items]                
Principal amount of debt issued         $ 500,000,000      
Stated interest rate         5.50%      
Proceeds from issuance of senior notes, net of issuance costs         $ 488,400,000      
Debt issuance costs         $ 11,600,000      
Senior notes | Senior Notes, 4.75 Percent                
Debt Disclosure [Line Items]                
Debt Instrument, Redemption Price, Percentage     104.75%          
Principal amount of debt issued     $ 500,000,000          
Stated interest rate     4.75%          
Proceeds from issuance of senior notes, net of issuance costs     $ 493,900,000          
Debt issuance costs     $ 6,100,000          
Repurchase price, percentage of principal amount     101.00%          
Secured Debt [Member]                
Debt Disclosure [Line Items]                
Principal amount of debt issued       $ 1,275,000,000        
Long-term Debt       1,245,000,000        
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net       30,000,000        
Minimum | Senior notes | Senior Notes, 4.75 Percent                
Debt Disclosure [Line Items]                
Debt Instrument, Redemption Price, Percentage           50.00%    
Debt redemption notice period     15 days          
Maximum | Senior notes | Senior Notes, 4.75 Percent                
Debt Disclosure [Line Items]                
Debt redemption notice period     60 days          
Percentage of debt redeemed           40.00%    
Revolving Credit Facility [Member] | Line of Credit [Member]                
Debt Disclosure [Line Items]                
Line of Credit Facility, Maximum Borrowing Capacity       $ 100,000,000        
EBITDA, covenant, percent 10.00%              
Line Of Credit Facility, Unused Capacity, Percentage Over LIBOR Multiplied By Daily Amount Available Under Facility           50.00%    
Letters of Credit Outstanding, Amount           $ 2,500,000    
Revolving Credit Facility [Member] | Minimum | Line of Credit [Member]                
Debt Disclosure [Line Items]                
Line of Credit Facility, Commitment Fee Percentage           0.20%    
Revolving Credit Facility [Member] | Maximum | Line of Credit [Member]                
Debt Disclosure [Line Items]                
Line of Credit Facility, Commitment Fee Percentage           0.30%    
Federal Funds Rate [Member] | Secured Debt [Member]                
Debt Disclosure [Line Items]                
Basis spread of variable rate           0.50%    
London Interbank Offered Rate (LIBOR) [Member] | Secured Debt [Member]                
Debt Disclosure [Line Items]                
Basis spread of variable rate           1.00%    
Level 2 | Carrying Value | Senior notes | 5.50% Senior Notes                
Debt Disclosure [Line Items]                
Long term debt, 5.50% Senior Notes           $ 0 478,807,000  
Level 2 | Carrying Value | Senior notes | Senior Notes, 4.75 Percent                
Debt Disclosure [Line Items]                
Long term debt, 5.50% Senior Notes           494,737,000 493,985,000  
Level 2 | Revolving Credit Facility [Member] | Carrying Value | Line of Credit [Member]                
Debt Disclosure [Line Items]                
Long term debt, 5.50% Senior Notes           $ 1,005,546,000 $ 1,002,079,000  
Debt Instrument, Period, January Two Twenty Twenty Two Through December Thirty Once Twenty Twenty Two | Revolving Credit Facility [Member] | Line of Credit [Member]                
Debt Disclosure [Line Items]                
EBITDA, covenant, leverage ratio maximum 3.75              
EBITDA, covenant, amount $ 30,000,000              
Debt Instrument, Period, January One Twenty Twenty Three and Thereafter | Revolving Credit Facility [Member] | Line of Credit [Member]                
Debt Disclosure [Line Items]                
EBITDA, covenant, leverage ratio minimum 3.00              
Debt Instrument, Period, December Twenty Nine Twenty Twenty and Thereafter | Revolving Credit Facility [Member] | Line of Credit [Member]                
Debt Disclosure [Line Items]                
EBITDA, covenant, leverage ratio maximum 3.00