Long-term Debt (Tables)

9 Months Ended

Jun. 29, 2018

Debt Disclosure [Abstract]

Schedule of Long-term Debt

At June 29, 2018 and September 29, 2017, long-term debt consisted of the following (principal amounts in thousands):

	Interest Rate	Maturity	June 29, 2018			September 29, 2017
Revolving Credit Facility	LIBOR + applicable margin (1)	February 2020	$	338,816		$	235,000
Term Loan Facility	LIBOR + applicable margin (2)	December 2020	1,500,000			—
Fixed-rate notes due:
Senior Notes, Series A	4.27%	May 2025	190,000			—
Senior Notes, Series B	4.42%	May 2028	180,000			—
Senior Notes, Series C	4.52%	May 2030	130,000			—
Less: Deferred Financing Fees			(5,409		)	—
Other	Varies	Varies	3,066			—
Total Long-term debt, net			$	2,336,473		$	235,000

(1) Depending on the Company’s Consolidated Leverage Ratio (as defined in the credit agreement governing the Revolving Credit Facility), borrowings under the Revolving Credit Facility bear interest at either a eurocurrency rate plus a margin of between 1.0% and 1.5% or a base rate plus a margin of between 0% and 0.5%. The applicable LIBOR rates at June 29, 2018 and September 29, 2017 were approximately 1.38% to 3.36% and 1.0% to 2.23%, respectively.