Gulf Island Fabrication, 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
- ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)
Notes Tables
Notes Details

Credit Facilities and Debt - Additional Information (Details)

v3.21.1

Credit Facilities and Debt - Additional Information (Details) - USD ($)				3 Months Ended
	Mar. 26, 2021	Sep. 29, 2020	Apr. 17, 2020	Mar. 31, 2021
Line of Credit Facility [Line Items]
Revolving credit facility				$ 40,000,000.0
Maturity date				Jun. 30, 2022
Extended maturity date	Jun. 30, 2023
Surety bonds				$ 230,200,000
Surety bonds terminated				$ 119,400,000
Maximum
Line of Credit Facility [Line Items]
Letter of credit facility	$ 20,000,000.0
LC Facility
Line of Credit Facility [Line Items]
Fees on undrawn borrowings (percentage)				0.40%
Total outstanding letters of credit				$ 10,300,000
Letter of Credit
Line of Credit Facility [Line Items]
Stated interest rate (percentage)				2.00%
PPP Loan
Line of Credit Facility [Line Items]
Maturity date			Apr. 17, 2022
Stated interest rate (percentage)			1.00%
Payment term description				The PPP Loan matures on April 17, 2022, bears interest at a fixed rate of 1.0 percent per annum and is payable in monthly installments commencing on the earlier of the date on which the amount of loan forgiveness is determined or March 17, 2021.
Unsecured loan amount			$ 10,000,000.0
Prepayment penalties			$ 0
PPP loan proceeds used for permissible expenses, percentage related to payroll costs			93.00%
Loan forgiveness		$ 8,900,000
Loan payments		$ 0
PPP Loan threshold requiring an audit by the SBA				$ 2,000,000.0

- Definition

Debt instrument extended maturity date.

+ References

No definition available.

+ Details

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- Definition

Debt instrument payments of loan.

+ References

No definition available.

+ Details

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Namespace Prefix:	gifi_
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Balance Type:	credit
Period Type:	duration

- Definition

Letter of credit facility.

+ References

No definition available.

+ Details

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Namespace Prefix:	gifi_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

PPP loan proceeds used for permissible expenses, percentage related to payroll costs.

+ References

No definition available.

+ Details

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- Definition

PPP loan threshold requiring audit by SBA.

+ References

No definition available.

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- Definition

Surety Bonds

+ References

No definition available.

+ Details

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Balance Type:	credit
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- Definition

Surety bonds terminated.

+ References

No definition available.

+ Details

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Balance Type:	credit
Period Type:	instant

- Definition

Decrease for amounts of indebtedness forgiven by the holder of the debt instrument.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(f))
-URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

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Balance Type:	debit
Period Type:	duration

- Definition

Contractual interest rate for funds borrowed, under the debt agreement.

+ References

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Data Type:	num:percentItemType
Balance Type:	na
Period Type:	instant

- Definition

Date when the debt instrument is scheduled to be fully repaid, in CCYY-MM-DD format.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22(a)(2))
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- Definition

Description of the payment terms of the debt instrument (for example, whether periodic payments include principal and frequency of payments) and discussion about any contingencies associated with the payment.

+ References

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- Definition

The total amount of the contingent obligation under letters of credit outstanding as of the reporting date.

+ References

No definition available.

+ Details

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Namespace Prefix:	us-gaap_
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Balance Type:	credit
Period Type:	instant

- Definition

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.

+ References

No definition available.

+ Details

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- Definition

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.

+ References

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Namespace Prefix:	us-gaap_
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Balance Type:	credit
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- Definition

The fee, expressed as a percentage of the line of credit facility, for available but unused credit capacity under the credit facility.

+ References

No definition available.

+ Details

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- Definition

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.

+ References

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- Definition

Including the current and noncurrent portions, carrying value as of the balance sheet date of uncollateralized debt obligations (with maturities initially due after one year or beyond the operating cycle if longer).

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