Long-Term Debt (Tables)

9 Months Ended

Jun. 30, 2024

Debt Disclosure [Abstract]

Schedule of long-term debt instruments

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

	Balance at
	June 30, 2024		October 1, 2023
Credit facilities	$	300,000	$	320,000
Convertible notes	575,000		575,000
Debt issuance costs and discount	(13,170)		(15,471)
Long-term debt	$	861,830	$	879,529

Convertible debt

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

	Balance at
	June 30, 2024		October 1, 2023
Principal	$	575,000	$	575,000
Unamortized discount and issuance costs	(12,118)		(14,158)
Net carrying amount	$	562,882	$	560,842

Interest income and interest expense disclosure

The following table sets forth the interest expense recognized related to the Convertible Notes for the third quarter and first nine months of fiscal 2024 (in thousands):

	Three Months Ended		Nine Months Ended
	June 30, 2024		June 30, 2024
Interest expense	$	3,234	$	9,631
Amortization of discount and issuance costs	680		2,040
Total interest expense	$	3,914	$	11,671