Financing (Tables)

12 Months Ended

Sep. 29, 2018

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

Long-term debt consists of the following:

	2018			2017
Long-term debt
Tranche B term loan, 1.00% amortizing per year, maturing July 5, 2023	$	391,416		$	455,400
Tangible equity units, 8.75% coupon, maturing July 1, 2019 1	7,290			16,443
Capital lease obligations	2,000			2,466
Total long-term debt	$	400,706		$	474,309
Less: Unamortized underwriting discounts, commissions and other expenses	(8,623		)	(12,491		)
Less: Current maturities of tranche B term loan debt 2, 3	(28,600		)	(33,600		)
Less: Current maturities of TEU debt 2	(7,290		)	(9,152		)
Less: Current maturities of capital lease obligations 2	(553		)	(522		)
Total long-term debt, less current maturities, net	$	355,640		$	418,544

¹  See Note 9 for more information on our TEUs.

²  In addition to the current maturities above, current maturities of long-term debt, net on the Consolidated Balance Sheets includes the current portion of unamortized underwriting discounts, commissions and other expenses of $3,705 and $4,179 as of September 29, 2018 and September 30, 2017, respectively.

³  As of September 29, 2018 and September 30, 2017, current maturities of tranche B term loan consist of the 1% annual payment and calculated required annual Excess Cash Flow payment as defined below, as well as planned prepayments.

Schedule of Derivative Instruments

The interest rate swap will be reduced to the following notional amounts over the next five years:

	Notional Amount
October 3, 2018	$	225,000
October 3, 2019	180,000
October 3, 2020	125,000
April 3, 2021	—

Schedule of Maturities of Long-term Debt

Future maturities of long-term debt, excluding unamortized original issue discounts and deferred financing costs, for the next five fiscal years and thereafter are as follows:

Fiscal Year	Future Maturities 4
2019	$	12,443
2020	5,176
2021	5,192
2022	4,879
2023	373,016
Thereafter	—

⁴  Includes the 1% annual payment on the Term Facility, current maturities of TEU debt and current maturities of capital lease obligations. For fiscal year 2019, no Excess Cash Flow prepayment is required under the provisions of the Credit Agreement for the Term Facility due to the planned prepayments made during fiscal year 2018. Fiscal years 2020 and thereafter exclude any Excess Cash Flow prepayments which may be required under the provisions of the Credit Agreement for the Term Facility based on fiscal year 2019 and subsequent fiscal year results because the amount of future prepayments, if any, is not reasonably estimable as of September 29, 2018. Capital lease obligations expire on various dates through fiscal year 2022.