Long-Term Debt (Tables)

12 Months Ended

Oct. 01, 2023

Debt Disclosure [Abstract]

Schedule of long-term debt

Long-term debt consisted of the following (in thousands):

	Fiscal Year Ended
	October 1, 2023		October 2, 2022
Credit facilities	$	320,000	$	258,754
Convertible notes	575,000		—
Debt issuance costs and discount	(15,471)		—
Less: Current portion of long-term debt	—		(12,504)
Long-term debt	$	879,529	$	246,250

Schedule of maturities of long-term debt

The following table presents scheduled maturities of our long-term debt (in thousands):

	Amount
2026	320,000
2028	575,000
Total	$	895,000

Schedule of convertible debt

The net carrying amount of the Convertible Notes was as follows (in thousands):

	Balance at
	October 1, 2023
Principal	$	575,000
Unamortized discount and issuance costs	(14,158)
Net carrying amount	$	560,842

Schedule of interest expense

The following table sets forth the interest expense recognized related to the Convertible Notes (in thousands):

	Balance at
	October 1, 2023
Interest expense	$	1,438
Amortization of discount and issuance costs	292
Total interest expense	$	1,730