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Debt
6 Months Ended
Apr. 04, 2015
Debt Instruments [Abstract]  
Debt
Debt, capital lease obligations and other financing amounts outstanding at April 4, 2015 and September 27, 2014 are summarized below (in thousands):
 
 
April 4,
2015
 
September 27,
2014
5.20% Senior Notes, due June 15, 2018
 
$
175,000

 
$
175,000

Borrowings under revolving credit facility, due May 15, 2019
 
75,000

 
75,000

Capital lease obligations
 
6,689

 
8,414

Other financing obligation
 
8,110

 
8,000

Total debt, capital lease obligations, and other financing
 
264,799

 
266,414

Less current portion of debt, capital lease obligations, and other financing
 
4,774

 
4,368

Total debt, capital lease obligations, and other financing, less current portion
 
$
260,025

 
$
262,046

On May 15, 2014, the Company entered into an amendment (the "Amendment") to its credit agreement, dated as of May 15, 2012 (as amended, the "Credit Agreement"), related to its five-year senior unsecured credit facility (the “Credit Facility”). As a result of the Amendment, the Credit Facility, which was formerly a $250.0 million facility consisting of a $160.0 million revolving credit facility and a $90.0 million term loan (balance of $75.0 million as of May 15, 2014), was converted into a $235.0 million revolving credit facility, and its termination date was extended from May 15, 2017 to May 15, 2019. The Credit Facility may potentially be increased by $100.0 million to $335.0 million generally by mutual agreement of the Company and the lenders, subject to certain customary conditions. For the six months ended April 4, 2015, the Company borrowed and then repaid $252.0 million of revolving borrowings under the Credit Facility.
Borrowings under the Credit Facility, at the Company's option, bear interest at a defined base rate or the LIBOR rate plus, in each case, an applicable margin based upon the Company's leverage ratio as defined in the Credit Agreement. Rates would increase upon negative changes in specified Company financial metrics and would decrease to no less than LIBOR plus 1.00% or base rate plus 0.00% upon reduction in the current total leverage ratio. As of April 4, 2015, the Company had a borrowing rate of LIBOR plus 1.13%. As of April 4, 2015, all outstanding debt under the Credit Facility is effectively at a fixed interest rate as a result of the interest rate swap contract discussed in Note 5, "Derivatives and Fair Value Measurements." The Company is required to pay a commitment fee based on the company's leverage ratio for the unused portion of the revolving credit facility. The fee is paid quarterly based on the prior quarter weighted average available revolving commitment. This rate was 0.2% as of April 4, 2015.  
The Company also has outstanding 5.20% Senior Notes, due on June 15, 2018 (the “Notes”); $175.0 million principal of the Notes was outstanding as of both April 4, 2015 and September 27, 2014.
The Notes and borrowings under the Credit Facility are carried at the principal amount outstanding. Other financing obligations of $8.1 million and $8.0 million for the period ending April 4, 2015 and September 27, 2014, respectively, relate to a non-cash financing transaction for the Company's facility in Guadalajara, Mexico.