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Borrowings (Tables) | 12 Months Ended
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Sep. 27, 2019
Debt Disclosure [Abstract] |
Schedule of Long-term Debt | The following table presents certain information regarding the Company’s long-term debt at September 27, 2019 and September 28, 2018 (dollars in thousands):
| Interest Rate |  | Maturity |  | September 27, 2019 |  | September 28, 2018
New Credit Agreement | LIBOR + applicable margin (1) |  | March 2024 |  | $ | 303,780 |  |  | $ | — |
Revolving Credit Facility | LIBOR + applicable margin (2) |  | February 2020 |  | — |  |  | 149,129 |
Term Loan Facility | LIBOR + applicable margin (3) |  | December 2020 |  | 400,000 |  |  | 1,500,000 |
Fixed-rate notes due: |  |  |  |  |  |  |  |
Senior Notes, Series A | 4.27% |  | May 2025 |  | 190,000 |  |  | 190,000 |
Senior Notes, Series B | 4.42% |  | May 2028 |  | 180,000 |  |  | 180,000 |
Senior Notes, Series C | 4.52% |  | May 2030 |  | 130,000 |  |  | 130,000 |
Less: Deferred Financing Fees |  |  |  |  | (2,535 | ) |  | (4,998 | )
Other | Varies |  | Varies |  | — |  |  | 36 |
Total Long-term debt, net |  |  |  |  | $ | 1,201,245 |  |  | $ | 2,144,167 |
(1) | Depending on the Company’s Consolidated Leverage Ratio (as defined in the credit agreement governing the New Credit Agreement (defined below)), borrowings under the New Credit Agreement bear interest at either a eurocurrency rate plus a margin of between 0.875% and 1.5% or a base rate plus a margin of between 0% and 0.5%. The applicable LIBOR rate, including applicable margin, at September 27, 2019 was approximately 1.00%.
(2) | Depending on the Company’s Consolidated Leverage Ratio (as defined in the credit agreement governing the Revolving Credit Facility), borrowings under the Revolving Credit Facility bear interest at either a eurocurrency rate plus a margin of between 1.0% and 1.5% or a base rate plus a margin of between 0% and 0.5%. The applicable LIBOR rates, including applicable margin, at September 28, 2018 were approximately 1.38% to 3.47%.
(3) Depending on the Company’s Consolidated Leverage Ratio (as defined in the credit agreement governing the Term Loan Facility), borrowings under the Term Loan Facility bear interest at either a eurocurrency rate plus a margin of between 1.0% and 1.5% or a base rate plus a margin of between 0% and 0.5%. The applicable LIBOR rate, including applicable margin, at September 27, 2019 and September 28, 2018 was approximately 3.05% and 3.71%, respectively.
Schedule of interest expense | The following table presents the amount of interest paid by the Company during September 27, 2019, September 28, 2018 and September 29, 2017 (in thousands):
For the Years Ended
September 27, 2019 |  | September 28, 2018 |  | September 29, 2017
$81,582 |  | $68,467 |  | $12,862

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