Annual report pursuant to Section 13 and 15(d)

Long-Term Debt (Tables)

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

Long-term debt consists of the following:

 

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

Senior subordinated notes, net of unamortized discount of $309 and $471, interest at 8.25%, payable semi-annually, principal due March 2018

    $ 399,691      $ 449,529   

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

      0        0   

Other notes payable

      448        710   
  

 

 

    

 

 

  

Total

      400,139        450,239   

Less current portion

      (291 )      (291 ) 
  

 

 

    

 

 

  

Long-term portion

    $ 399,848      $ 449,948   
  

 

 

    

 

 

  
Scheduled Principal Repayments on Long-Term Debt

The scheduled principal repayments on long-term debt as of September 26, 2015 are as follows:

 

     (in thousands)  

Fiscal year:

   

2016

    $ 291   

2017

      110   

2018

      400,030   

2019

      5   

2020

      12   

Thereafter

      0   
  

 

 

  

Total

    $ 400,448  (1) 
  

 

 

  

 

(1) Debt repayments include an amount in excess of the carrying value of debt and reflect the unamortized portion of the original issue discount on the 2018 Notes of $0.3 million as of September 26, 2015, which is amortizable until March 2018.