Debt and Interest Rate Swap (Details) - USD ($)
$ in Thousands |
3 Months Ended |
8 Months Ended |
47 Months Ended |
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Mar. 31, 2021 |
Mar. 31, 2020 |
Mar. 31, 2021 |
Mar. 31, 2021 |
Dec. 31, 2020 |
Jul. 31, 2020 |
Nov. 03, 2017 |
May 12, 2017 |
| Debt Instrument [Line Items] |
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| Long-Term Debt, Maturity, Remainder of Fiscal Year |
$ 0
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$ 0
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$ 0
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| Long-Term Debt, Maturity, Year One |
6,562
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6,562
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6,562
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| Long-Term Debt, Maturity, Year Two |
131,250
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131,250
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131,250
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| Long-Term Debt, Maturity, Year Three |
212,000
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212,000
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212,000
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| Long-Term Debt, Maturity, Year Four |
0
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0
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0
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| Long-term Debt, Current Maturities |
0
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0
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0
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| Debt Instrument, Unamortized Discount |
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$ (2,100)
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| Long-term Debt |
349,812
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349,812
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349,812
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| Long-term Debt, Excluding Current Maturities |
344,116
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344,116
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344,116
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$ 363,592
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| Line of Credit Facility, Incremental Borrowing Capacity |
$ 160,000
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$ 160,000
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$ 160,000
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| Debt Instrument, Frequency of Periodic Payment |
quarterly installments
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| Debt Instrument, Call Feature |
1.0% soft call premium
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| Document Period End Date |
Mar. 31, 2021
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| Debt Instrument, Interest Rate, Effective Percentage |
3.70%
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3.70%
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3.70%
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4.40%
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4.60%
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| Long-term Debt, Fair Value |
$ 351,800
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$ 351,800
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$ 351,800
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$ 376,100
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$ 398,500
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| Debt Issuance Costs, Gross |
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6,000
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| Amortization of debt issuance costs and accretion of discount on debt and leases |
$ 500
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$ 300
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| Derivative, Fixed Interest Rate |
4.25%
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4.25%
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4.25%
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1.74685%
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| Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Inputs Reconciliation, Gain (Loss) Included in Other Comprehensive Income (Loss) |
|
200
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| Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Net of Tax |
$ 0
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$ (153)
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| Debt Instrument, Covenant Description |
The Incremental Term Loan is subject to a financial covenant of an initial maximum total net leverage ratio of 3.5 to 1 which decreases to 3.0 to 1 beginning with the sixth full fiscal quarter ending after July 31, 2020. During any period during which the Company (i) fails to maintain a public corporate rating from S&P that is equal to or higher than BB- and a public corporate rating from Moody's that is equal to or higher than Ba3 or (ii) fails to maintain a total leverage ratio of 3.0 to 1 or less, the applicable margin will increase to 4.75% in the case of LIBOR Rate loans and 3.75% in the case of Base Rate loans.
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| Base Rate [Member] |
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| Debt Instrument [Line Items] |
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| Debt Instrument, Interest Rate Terms |
a base rate
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| Fed Funds Effective Rate Overnight Index Swap Rate [Member] |
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| Debt Instrument [Line Items] |
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| Debt Instrument, Interest Rate Terms |
the federal funds rate, plus 0.50%
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| Prime Rate [Member] |
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| Debt Instrument [Line Items] |
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| Debt Instrument, Interest Rate Terms |
prime rate
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| One, Two, Or Three Month London Interbank Offered Rate (LIBOR) [Member] |
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| Debt Instrument [Line Items] |
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| Debt Instrument, Interest Rate Terms |
an adjusted LIBOR rate determined on the basis of a one- three- or six-month interest period, plus 1.0%
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| London Interbank Offered Rate (LIBOR) Subject to Floor [Member] |
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| Debt Instrument [Line Items] |
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| Debt Instrument, Interest Rate Terms |
adjusted LIBOR rate, subject to a floor of 0.75%
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| London Interbank Offered Rate (LIBOR) [Member] |
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| Debt Instrument [Line Items] |
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| Debt Instrument, Basis Spread on Variable Rate |
2.50%
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| Medium-term Notes [Member] |
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| Debt Instrument [Line Items] |
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| Long-term Debt, Gross |
$ 349,812
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$ 349,812
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$ 349,812
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369,812
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$ 425,000
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| Debt Instrument, Unamortized Discount |
(1,615)
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(1,615)
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(1,615)
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(1,767)
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| Debt Issuance Costs, Net |
(4,081)
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(4,081)
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(4,081)
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(4,453)
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| Long-term Debt |
344,116
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344,116
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344,116
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363,592
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| Long-term Debt, Current Maturities |
0
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0
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0
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0
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| Long-term Debt, Excluding Current Maturities |
344,116
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344,116
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344,116
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363,592
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| Term A Loan [Member] |
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| Debt Instrument [Line Items] |
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| Debt Instrument, Unamortized Discount |
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$ (900)
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| Debt Instrument, Interest Rate, Effective Percentage |
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3.20%
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| Long-term Debt, Fair Value |
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$ 181,100
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| Debt Issuance Costs, Gross |
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1,800
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| Term B |
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| Debt Instrument [Line Items] |
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| Long-term Debt, Gross |
$ 212,000
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$ 212,000
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$ 212,000
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212,000
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| Debt Instrument, Quarterly Amortization Rate |
0.25%
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0.25%
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0.25%
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| Repayments of Debt |
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$ 213,000
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| Term B | Base Rate [Member] |
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| Debt Instrument [Line Items] |
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| Debt Instrument, Basis Spread on Variable Rate |
1.50%
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| Term B | London Interbank Offered Rate (LIBOR) Subject to Floor [Member] |
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| Debt Instrument [Line Items] |
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| Debt Instrument, Basis Spread on Variable Rate |
2.50%
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| Term A |
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| Debt Instrument [Line Items] |
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| Long-term Debt, Gross |
$ 137,812
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$ 137,812
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$ 137,812
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$ 157,812
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$ 175,000
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| Repayments of Debt |
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$ 37,200
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| Term A | Debt amortization period 1 [Member] |
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| Debt Instrument [Line Items] |
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| Debt Instrument, Quarterly Amortization Rate |
1.25%
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1.25%
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1.25%
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| Term A | Debt amortization, period 2 [Member] |
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| Debt Instrument [Line Items] |
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| Debt Instrument, Quarterly Amortization Rate |
2.50%
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2.50%
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2.50%
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| Term A | Debt amortization period 3 [Member] |
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| Debt Instrument [Line Items] |
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| Debt Instrument, Quarterly Amortization Rate |
3.75%
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3.75%
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3.75%
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| Term A | Base Rate [Member] |
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| Debt Instrument [Line Items] |
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| Debt Instrument, Basis Spread on Variable Rate |
3.25%
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| Term A | London Interbank Offered Rate (LIBOR) Subject to Floor [Member] |
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| Debt Instrument [Line Items] |
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| Debt Instrument, Basis Spread on Variable Rate |
4.25%
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