Quarterly report pursuant to Section 13 or 15(d)

Long-Term Debt (Tables)

v3.3.1.900
Long-Term Debt (Tables)
 3 Months Ended
Dec. 26, 2015
Debt Disclosure [Abstract]  
Components of Long-Term Debt

Long-term debt consists of the following:

 

     December 26, 2015     December 27, 2014     September 26, 2015  
     (in thousands)  

Senior notes, interest at 6.125%, payable semi-annually, principal due May 2023

    $ 400,000      $ 0      $ 0   

Senior subordinated notes, interest at 8.25%, payable semi-annually, repaid in December 2015

      0        450,000        400,000   

Unamortized discount

      0        (440 )      (309 ) 

Unamortized debt issuance costs

      (6,194 )      (4,656 )      (3,157 ) 
  

 

 

    

 

 

    

 

 

  

Net carrying value

      393,806        444,904        396,534   

Asset-based revolving credit facility, interest at LIBOR plus a margin of 1.25% to 1.75% or Base Rate plus a margin of 0.25% to 0.75%, final maturity December 2018

      42,000        0        0   

Other notes payable

      379        642        448   
  

 

 

    

 

 

    

 

 

  

Total

      436,185        445,546        396,982   

Less current portion

      (292 )      (50,289 )      (291 ) 
  

 

 

    

 

 

    

 

 

  

Long-term portion

    $ 435,893      $ 395,257      $ 396,691