Subsequent Events (Details) - USD ($)
|
|
|
3 Months Ended |
6 Months Ended |
|
Jul. 05, 2022 |
Mar. 07, 2022 |
Jul. 01, 2022 |
Jul. 01, 2022 |
Dec. 24, 2020 |
| Subsequent Event [Line Items] |
|
|
|
|
|
| Credit facility, maximum borrowing capacity |
|
|
|
|
$ 100,000,000
|
| RSUs |
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
| Granted (in shares) |
|
|
|
231,000
|
|
| Subsequent Event | Vertex First Lien Term Facility | Secured Debt |
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
| Principal amount |
$ 1,185,000,000
|
|
|
|
|
| Subsequent Event | First Lien Initial Term Tranche | Secured Debt |
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
| Principal amount |
$ 925,000,000
|
|
|
|
|
| Subsequent Event | First Lien Initial Term Tranche | Secured Debt | Fed Funds Effective Rate Overnight Index Swap Rate | Minimum |
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
| Spread on variable rate |
2.75%
|
|
|
|
|
| Subsequent Event | First Lien Initial Term Tranche | Secured Debt | Fed Funds Effective Rate Overnight Index Swap Rate | Maximum |
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
| Spread on variable rate |
3.00%
|
|
|
|
|
| Subsequent Event | First Lien Initial Term Tranche | Secured Debt | London Interbank Offered Rate (LIBOR) | Minimum |
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
| Spread on variable rate |
3.75%
|
|
|
|
|
| Subsequent Event | First Lien Initial Term Tranche | Secured Debt | London Interbank Offered Rate (LIBOR) | Maximum |
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
| Spread on variable rate |
4.00%
|
|
|
|
|
| Subsequent Event | First Lien Incremental Term Tranche | Secured Debt |
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
| Principal amount |
$ 260,000,000
|
|
|
|
|
| Subsequent Event | First Lien Incremental Term Tranche | Secured Debt | Fed Funds Effective Rate Overnight Index Swap Rate |
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
| Spread on variable rate |
3.00%
|
|
|
|
|
| Subsequent Event | First Lien Incremental Term Tranche | Secured Debt | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate |
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
| Spread on variable rate |
4.00%
|
|
|
|
|
| Subsequent Event | Vertex Second Lien Term Facility | Secured Debt |
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
| Principal amount |
$ 185,000,000
|
|
|
|
|
| Subsequent Event | Vertex Second Lien Term Facility | Secured Debt | Fed Funds Effective Rate Overnight Index Swap Rate |
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
| Spread on variable rate |
6.50%
|
|
|
|
|
| Subsequent Event | Vertex Second Lien Term Facility | Secured Debt | London Interbank Offered Rate (LIBOR) |
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
| Spread on variable rate |
7.50%
|
|
|
|
|
| Subsequent Event | Vertex ABL Credit Agreement | Line of Credit | Revolver |
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
| Credit facility, maximum borrowing capacity |
$ 200,000,000
|
|
|
|
|
| Increased limit |
$ 250,000,000
|
|
|
|
|
| Fronting fee |
0.125%
|
|
|
|
|
| Fixed coverage charge ratio |
1.00
|
|
|
|
|
| Aggregate availability |
$ 10,000,000
|
|
|
|
|
| Percentage of aggregate borrowing base |
10.00%
|
|
|
|
|
| Subsequent Event | Vertex ABL Credit Agreement | Line of Credit | Revolver | Equal To Or Less Than 50% |
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
| Percent of aggregate commitments |
50.00%
|
|
|
|
|
| Commitment fee percentage |
0.375%
|
|
|
|
|
| Subsequent Event | Vertex ABL Credit Agreement | Line of Credit | Revolver | More Than 50% |
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
| Percent of aggregate commitments |
50.00%
|
|
|
|
|
| Commitment fee percentage |
0.25%
|
|
|
|
|
| Subsequent Event | Vertex ABL Credit Agreement | Line of Credit | Fed Funds Effective Rate Overnight Index Swap Rate | Minimum | Revolver |
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
| Spread on variable rate |
0.75%
|
|
|
|
|
| Subsequent Event | Vertex ABL Credit Agreement | Line of Credit | Fed Funds Effective Rate Overnight Index Swap Rate | Maximum | Revolver |
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
| Spread on variable rate |
1.25%
|
|
|
|
|
| Subsequent Event | Vertex ABL Credit Agreement | Line of Credit | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate | Minimum | Revolver |
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
| Spread on variable rate |
1.75%
|
|
|
|
|
| Subsequent Event | Vertex ABL Credit Agreement | Line of Credit | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate | Maximum | Revolver |
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
| Spread on variable rate |
2.25%
|
|
|
|
|
| Subsequent Event | Vertex ABL Credit Agreement | Letters of credit | Revolver |
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
| Credit facility, maximum borrowing capacity |
$ 15,000,000
|
|
|
|
|
| Subsequent Event | Vertex ABL Credit Agreement | Short-Term Debt | Revolver |
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
| Credit facility, maximum borrowing capacity |
$ 10,000,000
|
|
|
|
|
| Debt instrument, borrowing base, percentage of eligible receivables |
85.00%
|
|
|
|
|
| Debt instrument, borrowing base, percentage of eligible unbilled receivables |
50.00%
|
|
|
|
|
| Debt instrument, borrowing base, percentage of eligible inventory |
65.00%
|
|
|
|
|
| Debt instrument, borrowing base, percentage of eligible inventory, liquidation value |
85.00%
|
|
|
|
|
| Vertex Aerospace Services Holding Corp. |
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
| Acquisition-related costs |
|
|
$ 5,900,000
|
$ 14,900,000
|
|
| Vertex Aerospace Services Holding Corp. | RSUs |
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
| Granted (in shares) |
|
1,346,139
|
|
|
|
| Market price per share of V2X as of Closing Date |
|
$ 33.92
|
|
|
|
| Vertex Aerospace Services Holding Corp. | Subsequent Event |
|
|
|
|
|
| Subsequent Event [Line Items] |
|
|
|
|
|
| Consideration transferred |
$ 634,000,000
|
|
|
|
|
| Market price per share of V2X as of Closing Date |
$ 33.92
|
|
|
|
|