Long-Term Debt (Tables)

12 Months Ended

Sep. 29, 2024

Debt Disclosure [Abstract]

Schedule of long-term debt

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

	Fiscal Year Ended
	September 29, 2024		October 1, 2023
Credit facilities	$	250,000	$	320,000
Convertible notes	575,000		575,000
Debt issuance costs and discount	(12,366)		(15,471)
Long-term debt	$	812,634	$	879,529

Schedule of convertible debt

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

	Fiscal Year Ended
	September 29, 2024		October 1, 2023
Principal	$	575,000	$	575,000
Unamortized discount and issuance costs	(11,434)		(14,158)
Net carrying amount	$	563,566	$	560,842

Schedule of interest expense

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

	Fiscal Year Ended
	September 29, 2024		October 1, 2023
Interest expense	$	12,866	$	1,438
Amortization of discount and issuance costs	2,724		292
Total interest expense	$	15,590	$	1,730

Schedule of maturities of long-term debt

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

	Amount
2025	—
2026	250,000
2027	—
2028	575,000
Total	$	825,000