Floor & Decor Holdings, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Basis of Presentation and Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Debt - Amended Term Loan Facility (Details)

v3.20.1

Debt - Amended Term Loan Facility (Details) - USD ($)			3 Months Ended
Debt - Amended Term Loan Facility (Details) - USD ($)	Feb. 14, 2020	Feb. 13, 2020	Mar. 26, 2020	Mar. 28, 2019	Dec. 26, 2019
Debt Instrument [Line Items]
Total debt at par value	$ 144,625,000		$ 419,625,000		$ 145,500,000
Debt issuance costs			2,429,000	$ 0
Term Loan Facility
Debt Instrument [Line Items]
Total debt at par value			144,625,000		$ 145,500,000
First Lien Leverage Ratio	2.50
Consolidated Secured Leverage Ratio	3.50
Consolidated Total Leverage Ratio	3.50
Loss on extinguishment of debt			0
Debt refinancing costs, total			2,501,000
Debt issuance costs			1,779,000
Professional Fees			$ 722,000
Term Loan Facility \| Maximum
Debt Instrument [Line Items]
Consolidated Total Leverage Ratio	4.50
Term Loan Facility \| Base Rate [Member]
Debt Instrument [Line Items]
Variable interest rate (as a percent)	1.00%
Margin including step-up (as a percent)	1.25%
Term Loan Facility \| Base Rate [Member] \| Minimum
Debt Instrument [Line Items]
Variable interest rate (as a percent)		1.50%
Term Loan Facility \| Base Rate [Member] \| Maximum
Debt Instrument [Line Items]
Variable interest rate (as a percent)		1.75%
Term Loan Facility \| Eurodollar [Member]
Debt Instrument [Line Items]
Variable interest rate (as a percent)	2.00%
Variable rate floor (as a percent)	0.00%
Margin including step-up (as a percent)	2.25%
Term Loan Facility \| Eurodollar [Member] \| Minimum
Debt Instrument [Line Items]
Variable interest rate (as a percent)		2.50%
Term Loan Facility \| Eurodollar [Member] \| Maximum
Debt Instrument [Line Items]
Variable interest rate (as a percent)		2.75%
Term Loan Facility Accordion Feature [Member]
Debt Instrument [Line Items]
Borrowing capacity as percentage of EBITDA	100.00%
Borrowing capacity	$ 270,000,000

- Definition

The Consolidated Secured Leverage Ratio as specified in the credit facility.

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- Definition

The First Lien Leverage Ratio as specified in the credit facility.

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- Definition

Maximum borrowing capacity under the credit facility as a percentage of Consolidated EBITDA, without consideration of amounts currently outstanding under the facility.

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The margin on the variable rate which will be in effect if the leverage ration test is exceeded.

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Percentage points added to the reference rate to compute the variable rate on the debt instrument.

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- Definition

Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt.

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Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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- Definition

Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity.

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Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility.

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Amount of cash outflow for cost from early extinguishment and prepayment of debt. Includes, but is not limited to, third-party cost, premium paid, and other fee paid to lender directly for debt extinguishment or debt prepayment. Excludes accrued interest.

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A fee charged for services from professionals such as doctors, lawyers and accountants. The term is often expanded to include other professions, for example, pharmacists charging to maintain a medicinal profile of a client or customer.

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