Long-Term Debt - Narrative (Details) - USD ($)
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1 Months Ended |
3 Months Ended |
6 Months Ended |
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Dec. 26, 2015 |
Nov. 09, 2015 |
Dec. 26, 2015 |
Jan. 31, 2015 |
Mar. 26, 2016 |
Dec. 26, 2015 |
Mar. 28, 2015 |
Mar. 26, 2016 |
Mar. 28, 2015 |
Sep. 26, 2015 |
Dec. 05, 2013 |
Components of long-term debt |
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Debt, aggregate principal amount |
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$ 400,000,000
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$ 496,990,000
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$ 511,402,000
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$ 496,990,000
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$ 511,402,000
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$ 396,982,000
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Debt issuance cost |
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$ 6,300,000
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Interest expense |
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7,096,000
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11,876,000
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29,241,000
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22,379,000
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Non-cash charge |
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3,337,000
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537,000
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Asset-based Revolving Credit Facility |
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Components of long-term debt |
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Debt, aggregate principal amount |
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102,000,000
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$ 115,000,000
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$ 102,000,000
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$ 115,000,000
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$ 0
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Credit facility, additional borrowings available |
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$ 200,000,000
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Credit facility, maturity date |
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Dec. 05, 2018
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Borrowings outstanding |
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102,000,000
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$ 102,000,000
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Letters of credit outstanding |
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0
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0
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Other letters of credit outstanding |
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6,000,000
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6,000,000
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Credit facility, available capacity |
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264,100,000
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264,100,000
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Remaining borrowing availability |
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$ 366,100,000
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$ 366,100,000
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Debt interest terms |
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Borrowings under the Credit Facility bear interest at an index based on LIBOR or, at the option of the Company, the Base Rate (defined as the highest of (a) the SunTrust prime rate, (b) the Federal Funds Rate plus 0.5% and (c) one-month LIBOR plus 1.00%), plus, in either case, an applicable margin based on the Company’s total outstanding borrowings. Such applicable margin for LIBOR-based borrowings fluctuates between 1.25%-1.75% (and was 1.25% at December 26, 2015) and such applicable margin for Base Rate borrowings fluctuates between 0.25%-0.75% (and was 0.25% at December 26, 2015).
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Credit facility, base rate computation, option third description |
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One-month LIBOR plus 1.00%), plus, in either case, an applicable margin based on the Company's total outstanding borrowings.
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Credit facility, base rate computation, option first description |
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SunTrust prime rate
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Credit facility, base rate computation, option second description |
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Federal Funds Rate plus 0.5%
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Credit facility, base rate computation, option second description, basis spread percentage |
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0.50%
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0.50%
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Credit facility, basis percentage for calculation of variable rate spread |
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1.00%
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1.00%
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Debt instrument fixed charge coverage ratio |
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1.00
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1.00
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Asset-based Revolving Credit Facility | LIBOR-Based Borrowings |
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Components of long-term debt |
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Maturity date of senior subordinated notes |
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Dec. 31, 2018
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Applicable interest margin rate on the credit facility |
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1.25%
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Applicable interest rate on the credit facility |
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1.68%
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1.68%
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Asset-based Revolving Credit Facility | Base Rate Borrowings |
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Components of long-term debt |
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Applicable interest margin rate on the credit facility |
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0.25%
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Applicable interest rate on the credit facility |
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3.75%
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3.75%
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Asset-based Revolving Credit Facility | Minimum | LIBOR-Based Borrowings |
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Components of long-term debt |
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Applicable interest margin rate on the credit facility |
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1.25%
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Asset-based Revolving Credit Facility | Minimum | Base Rate Borrowings |
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Components of long-term debt |
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Applicable interest margin rate on the credit facility |
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0.25%
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Asset-based Revolving Credit Facility | Maximum | LIBOR-Based Borrowings |
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Components of long-term debt |
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Applicable interest margin rate on the credit facility |
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1.75%
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Asset-based Revolving Credit Facility | Maximum | Base Rate Borrowings |
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Components of long-term debt |
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Applicable interest margin rate on the credit facility |
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0.75%
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Asset-based Revolving Credit Facility | Revolving Credit Facility |
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Components of long-term debt |
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Credit facility, maximum principal amount |
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$ 390,000,000
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Senior Notes |
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Components of long-term debt |
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Debt redemption price percentage |
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102.063%
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102.063%
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6.125% Senior Notes Due in November 2023 |
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Components of long-term debt |
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Redemption percentage |
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35.00%
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6.125% Senior Notes Due in November 2023 | Prior to November 15, 2018 |
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Components of long-term debt |
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Debt redemption price percentage |
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106.125%
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6.125% Senior Notes Due in November 2023 | On or after November 15, 2018 |
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Components of long-term debt |
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Debt redemption price percentage |
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104.594%
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6.125% Senior Notes Due in November 2023 | On or after November 15, 2019 |
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Components of long-term debt |
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Debt redemption price percentage |
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103.063%
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6.125% Senior Notes Due in November 2023 | On or after November 15, 2020 |
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Components of long-term debt |
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Debt redemption price percentage |
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101.531%
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6.125% Senior Notes Due in November 2023 | On or after November 15, 2021 |
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Components of long-term debt |
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Debt redemption price percentage |
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100.00%
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6.125% Senior Notes Due in November 2023 | Upon Change Of Control |
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Components of long-term debt |
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Debt redemption price percentage |
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101.00%
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6.125% Senior Notes Due in November 2023 | Senior Notes |
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Components of long-term debt |
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Debt, aggregate principal amount |
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$ 400,000,000
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$ 394,000,000
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$ 394,000,000
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Debt instrument interest rate stated, percentage |
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6.125%
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Maturity date of senior subordinated notes |
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Nov. 09, 2023
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Senior Subordinated Notes, Interest at 8.25%, Payable Semi-annually, Principal Due March 2018 [Member] | Senior Notes |
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Components of long-term debt |
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Debt instrument interest rate stated, percentage |
8.25%
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8.25%
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8.25%
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Debt, redemption of principal amount |
$ 400,000,000
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$ 400,000,000
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$ 400,000,000
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Maturity date of senior subordinated notes |
Mar. 01, 2018
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Senior Subordinated Notes, Interest at 8.25%, Payable Semi-annually, Principal Due March 2018 [Member] | Senior Subordinated Notes |
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Components of long-term debt |
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Debt redemption price percentage |
102.063%
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Call premium payment |
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$ 8,300,000
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One-time payment of overlapping interest expense period |
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30 days
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Interest expense |
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$ 2,700,000
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Non-cash charge |
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$ 3,300,000
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