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Debt, Finance Lease and Other Financing Obligations
 9 Months Ended
Jun. 28, 2025
Debt and Lease Obligation [Abstract]  
Debt, Finance Lease and Other Financing Obligations Debt, Finance Lease and Other Financing Obligations
Debt and finance lease obligations as of June 28, 2025 and September 28, 2024, consisted of the following (in thousands):
June 28,
2025		September 28,
2024
4.05% Senior Notes, due June 15, 2025
$— $100,000 
4.22% Senior Notes, due June 15, 2028
50,000 50,000 
Borrowings under the Credit Facility45,000 50,000 
Finance lease and other financing obligations48,458 48,142 
Unamortized deferred financing fees(565)(824)
Total obligations142,893 247,318 
Less: current portion(50,678)(157,325)
Long-term debt, finance lease and other financing obligations, net of current portion$92,215 $89,993 
As of June 28, 2025, the Company was in compliance with covenants for all debt agreements.
On June 15, 2025, the Company repaid, on maturity, $100.0 million in principal amount of its 4.05% Senior Notes.
During the nine months ended June 28, 2025, the highest daily borrowing under the Company's 5-year senior unsecured revolving credit facility (referred to as the "Credit Facility") was $125.0 million; the average daily borrowings were $33.3 million. During the nine months ended June 29, 2024, the highest daily borrowing was $376.0 million; the average daily borrowings were $292.1 million.
The fair value of the Company’s debt, excluding finance lease and other financing obligations, was $93.6 million and $197.8 million as of June 28, 2025 and September 28, 2024, respectively. The carrying value of the Company's debt, excluding finance lease and other financing obligations, was $95.0 million and $200.0 million as of June 28, 2025 and September 28, 2024, respectively. If measured at fair value in the financial statements, the Company's debt would be classified as Level 1 in the fair value hierarchy. Refer to Note 4, "Derivatives and Fair Value Measurements," for further information regarding the Company's fair value calculations and classifications.