Annual report pursuant to Section 13 and 15(d)

Long-Term Debt (Tables)

v3.10.0.1
Long-Term Debt (Tables)
12 Months Ended
Sep. 29, 2018
Debt Disclosure [Abstract]  
Components of Long-Term Debt
Long-term debt consists of the following:
 
 
 
September 29,
2018

September 30,
2017
 
 
(in thousands)
Senior notes, interest at 6.125%, payable semi-annually, principal due November 2023
 
 
$
400,000

 
$
400,000

Senior notes, interest at 5.125%, payable semi-annually, principal due February 2028
 
 
300,000

 

Unamortized debt issuance costs
 
 
(8,425
)
 
(4,840
)
Net carrying value
 
 
691,575

 
395,160

Asset-based revolving credit facility, interest at LIBOR plus a margin of 1.25% to 1.50% or Base Rate plus a margin of 0.25% to 0.50%, final maturity April 2021
 
 

 

Other notes payable
 
 
578

 
493

Total
 
 
692,153

 
395,653

Less current portion
 
 
(122
)
 
(375
)
Long-term portion
 
 
$
692,031

 
$
395,278

Scheduled Principal Repayments on Long-Term Debt
The scheduled principal repayments on long-term debt as of September 29, 2018 are as follows:  
 
(in thousands)
 
Fiscal year:
 
 
2019
$
122

  
2020
272

  
2021
93

  
2022
76

  
2023
15

  
Thereafter
700,000

  
Total
$
700,578

(1)

(1)
Debt repayments do not reflect the unamortized portion of deferred financing costs associated with the 2023 Notes and 2028 Notes of $8.4 million as of September 29, 2018, of which, $4.0 million is amortizable until November 2023, and $4.4 million is amortizable until February 2028 and is included in the carrying value.