Quarterly report pursuant to Section 13 or 15(d)

Long-Term Debt (Tables)

v3.4.0.3
Long-Term Debt (Tables)
 6 Months Ended
Mar. 26, 2016
Debt Disclosure [Abstract]  
Components of Long-Term Debt
Long-term debt consists of the following:
 
 
 
March 26, 2016
 
March 28, 2015
 
September 26, 2015
 
 
(in thousands)
Senior notes, interest at 6.125%, payable semi-annually, principal due May 2023
 
$
400,000

 
$
—

 
$
—

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

 
400,000

 
400,000

Unamortized discount
 
—

 
(363
)
 
(309
)
Unamortized debt issuance costs
 
(6,032
)
 
(3,811
)
 
(3,157
)
Net carrying value
 
393,968

 
395,826

 
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
 
102,000

 
115,000

 
—

Other notes payable
 
1,022

 
576

 
448

Total
 
496,990

 
511,402

 
396,982

Less current portion
 
(594
)
 
(289
)
 
(291
)
Long-term portion
 
$
496,396

 
$
511,113

 
$
396,691