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Long-Term Debt (Tables)
3 Months Ended
Dec. 28, 2024
Debt Disclosure [Abstract]  
Components of Long-Term Debt Long-term debt consists of the following:
December 28, 2024
December 30, 2023
September 28, 2024
 
(in thousands)
Senior notes, interest at 5.125%, payable semi-annually, principal
due February 2028
$300,000
$300,000
$300,000
Senior notes, interest at 4.125%, payable semi-annually, principal
due October 2030
500,000
500,000
500,000
Senior notes, interest at 4.125%, payable semi-annually, principal
due April 2031
400,000
400,000
400,000
Unamortized debt issuance costs
(9,873)
(11,759)
(10,345)
Net carrying value
1,190,127
1,188,241
1,189,655
Asset-based revolving credit facility, interest at SOFR plus a margin
of 1.00% to 1.50% or Base Rate plus a margin of 0.0% to 0.50%, final
maturity December 2026.
Other notes payable
317
1,318
393
Total
1,190,444
1,189,559
1,190,048
Less current portion
(173)
(466)
(239)
Long-term portion
$1,190,271
$1,189,093
$1,189,809