Subsequent Events |
3 Months Ended |
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Apr. 27, 2024 | |
| Subsequent Events [Abstract] | |
| Subsequent Events | Subsequent Events During the second quarter of fiscal 2025, we acquired a telecommunications construction contractor for a cash purchase price of $20.8 million. The company is located in the northwestern United States with the majority of its revenues generated in Alaska. This acquisition expands our geographic presence and our customer base. Required disclosures related to this business combination will be provided upon completion of the preliminary purchase price allocation. On May 15, 2024 the Company and certain of its subsidiaries amended and restated its Credit Agreement to, among other things, extend the maturity date of the Credit Agreement to January 15, 2029, and increase the term loan facility to $450.0 million from $310.6 million. The Credit Agreement includes a $200.0 million sublimit for the issuance of letters of credit and a $50.0 million sublimit for swingline loans.
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