Annual report pursuant to Section 13 and 15(d)

Long-Term Debt (Tables)

v3.22.2.2
Long-Term Debt (Tables)
 12 Months Ended
Sep. 24, 2022
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt Long-term debt consists of the following:
September 24, 2022 September 25, 2021
  (in thousands)
Senior notes, interest at 5.125%, payable semi-annually, principal due February 2028
 300,000  300,000 
Senior notes, interest at 4.125%, payable semi-annually, principal due October 2030
 500,000  500,000 
Senior notes, interest at 4.125%, payable semi-annually, principal due April 2031
 400,000  400,000 
Unamortized debt issuance costs (14,116) (15,994)
Net carrying value 1,185,884  1,184,006 
Asset-based revolving credit facility, interest at LIBOR 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 678  1,758 
Total 1,186,562  1,185,764 
Less current portion (317) (1,081)
Long-term portion $ 1,186,245  $ 1,184,683 
Schedule of Principal Repayments on Long-Term Debt
The scheduled principal repayments on long-term debt as of September 24, 2022 are as follows:
(in thousands)
Fiscal year:
2023 $ 317    
2024 235    
2025 126    
2026 — 
2027 —    
Thereafter 1,200,000    
Total $ 1,200,678 
(1)
(1)Debt repayments do not reflect the unamortized portion of deferred financing costs associated with the 2028 Notes, 2030 Notes and 2031 Notes of approximately $14.1 million as of September 24, 2022, of which, $2.5 million is amortizable until February 2028, $6.4 million is amortizable until October 2030 and $5.2 million is amortizable until April 2031, and is included in the carrying value.