Long-Term Debt - 2026 Term Loan B (Details) - 2026 Term Loan B Credit Facility - USD ($) $ in Millions |
12 Months Ended | |
|---|---|---|
Mar. 12, 2026 |
Mar. 31, 2026 |
|
| Long-Term Debt | ||
| Term loan, percentage of par value of issuance | 99.50% | |
| Proceeds from issuance of Term Loan B | $ 945.3 | |
| Debt instrument, description | The 2026 Term Loan B bears interest at a SOFR-based rate or an alternate base rate, in each case plus an applicable margin. The applicable margin for alternate base rate loans varies from 2.25% to 2.50% and the applicable margin for SOFR-based loans varies from 3.25% to 3.50%, in each case, depending on our consolidated first lien net leverage ratio (as defined in the 2026 Term Loan Credit Agreement).The 2026 Term Loan B matures on March 11, 2033 and will amortize in equal quarterly installments in aggregate annual amounts equal to 1.0% of the original principal amount beginning with the fiscal quarter ended June 30, 2026, with the balance payable on maturity. We have the ability to prepay the 2026 Term Loan B at any time without premium or penalty, other than customary breakage costs and a premium of 1% of the principal amount prepaid, if the prepayment occurs prior to the six-month anniversary of the closing date. The 2026 Term Loan Credit Agreement contains customary mandatory prepayment requirements, including mandatory prepayments as a result of (a) excess cash flow (subject to certain customary exceptions and thresholds), (b) asset sales (subject to reinvestment rights and certain customary exceptions and thresholds) and (c) the incurrence of non-permitted indebtedness.Under the 2026 Term Loan Credit Agreement, we are permitted to request, from time to time, (i) increases in the 2026 Term Loan B, and/or (ii) the establishment of new tranches of incremental term loans, in an aggregate principal amount of up to the greater of $350 million and 50% of consolidated EBITDA plus such additional amounts depending upon satisfaction of certain ratio tests and other conditions, in each case subject to commitments from lenders and customary conditions. | |
| Reference rate | 3.68% | |
| Interest rate margin added to variable rate base | 3.50% | |
| Debt instrument covenant debt service coverage ratio | 2.62 | |
| Minimum | ||
| Long-Term Debt | ||
| Debt instrument covenant debt service coverage ratio | 1.1 |