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Fair Value Measurements
12 Months Ended
Oct. 02, 2016
Fair Value Measurements  
Fair Value Measurements

16.         Fair Value Measurements

              Derivative Instruments.    For additional information about our derivative financial instruments (see Note 2, "Basis of Presentation and Preparation" and Note 14, "Derivative Financial Instruments").

              Contingent Consideration.    We measure our contingent earn-out liabilities at fair value on a recurring basis (see Note 2, "Basis of Presentation and Preparation" and Note 5, "Mergers and Acquisitions" for further information).

              Debt.    The fair value of long-term debt was determined using the present value of future cash flows based on the borrowing rates currently available for debt with similar terms and maturities (Level 2 measurement, as described in Note 2, "Basis of Presentation and Preparation – Fair Value of Financial Instruments"). The carrying value of our long-term debt approximated fair value at October 2, 2016 and September 27, 2015. At October 2, 2016, we had borrowings of $346.8 million outstanding under our Credit Agreement, which were used to fund our business acquisitions, working capital needs, share repurchases, dividends, capital expenditures and contingent earn-outs (see Note 9, "Long-Term Debt" for more information).