Subsequent Events |
3 Months Ended |
|---|---|
Jun. 27, 2026 | |
| Subsequent Events | |
| Subsequent Events | 11. Subsequent Events On July 28, 2026, the Credit Agreement Parties and certain new lenders named therein entered into the Credit Agreement Amendment. The Credit Agreement Amendment increases the aggregate Revolving Credit Commitment (as defined therein) from $250.0 million to $500.0 million and extends the Maturity Date (as defined therein) to the earliest of (a) July 28, 2031 (or such later date that may be determined thereunder), (b) the date of termination of the entire Revolving Credit Commitment by the borrowers pursuant to Section 2.5 of the Credit Agreement, and (c) the date of termination of the Revolving Credit Commitment pursuant to Section 10.2(a) of the Credit Agreement. Additionally, the Credit Agreement Amendment revises the accordion feature to permit increases in the aggregate Revolving Credit Commitments by an amount not to exceed the greater of $100.0 million and the suppressed availability, up to a maximum amount of Revolving Credit Commitments not to exceed $750.0 million, reduces the maximum amount of the swingline subfacility from the lesser of $20.0 million and the Revolving Credit Commitment to the lesser of $10.0 million and the Revolving Credit Commitment, eliminates the Credit Spread Adjustment (as defined therein) applicable to SOFR borrowings, and makes certain other amendments relating to certain covenant and reporting thresholds. |