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Borrowings (Tables) | 12 Months Ended
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Sep. 26, 2025
Debt Disclosure [Abstract] |
Schedule of Long-term Debt | The following table presents certain information regarding the Company’s long-term debt at September 26, 2025 and September 27, 2024 (dollars in thousands):
| Interest Rate |  | Maturity |  | September 26, 2025 |  | September 27, 2024
Revolving Credit Facility | Benchmark + applicable margin (1) |  | February 2028 |  | $ | 395,000 |  |  | $ | 140,000 |
2021 Term Loan Facility - USD Portion | Benchmark + applicable margin (2) |  | February 2026 |  | — |  |  | 120,000 |
2021 Term Loan Facility - GBP Portion | Benchmark + applicable margin (2) |  | September 2025 |  | — |  |  | 870,415 |
2025 Term Loan Facility - USD Portion | Benchmark + applicable margin (3) |  | March 2027 |  | 200,000 |  |  | — |
2025 Term Loan Facility - GBP Portion | Benchmark + applicable margin (3) |  | March 2027 |  | 550,261 |  |  | — |
Fixed-rate: |  |  |  |  |  |  |
5.9% Bonds, due 2033 | 5.9% (4) |  | March 2033 |  | 500,000 |  |  | 500,000 |
6.35% Bonds, due 2028 | 6.35% |  | August 2028 |  | 600,000 |  |  | 600,000 |
Less: Current Portion (5) |  |  |  |  | — |  |  | (870,415) |
Less: Deferred Financing Fees |  |  |  |  | (8,805) |  |  | (11,406) |
Total Long-term debt, net |  |  |  |  | $ | 2,236,456 |  |  | $ | 1,348,594 |
(1)The U.S. dollar denominated borrowings under the Revolving Credit Facility bear interest at either a SOFR rate plus a margin of between 0.975% and 1.725% or a base rate plus a margin of between 0% and 0.625% depending on the Company’s Consolidated Leverage Ratio or Debt Rating (each as defined in the Revolving Credit Facility (defined below)). The interest rate under the Revolving Credit Agreement also incorporates a modest sustainability-linked pricing adjustment, which resulted in a favorable interest rate adjustment to the Company in February 2025. The applicable SOFR rates, including applicable margins, at September 26, 2025 and September 27, 2024 were approximately 5.37% and 6.64%. Borrowings denominated in British pounds bear interest at an adjusted SONIA rate plus a margin of between 0.908% and 1.658%. There were no amounts drawn in British pounds as of September 26, 2025. (2)The U.S. dollar denominated borrowings under the 2021 Term Loan Facility bore interest at either a SOFR rate plus a margin of between 0.975% and 1.725% or a base rate plus a margin of between 0% and 0.625% depending on the Company's Consolidated Leverage Ratio or Debit Rating (each as defined in the Amended and Restated Term Loan Agreement (defined below)). The applicable SOFR rate, including applicable margins, for borrowings denominated in U.S. dollars at September 27, 2024 were approximately 6.52%. Borrowings denominated in British pounds bore interest at an adjusted SONIA rate plus a margin of between 0.908% and 1.658%. which was approximately 6.23% at September 27, 2024. (3)Borrowings under the 2025 Term Loan Facility will bear interest at either a SONIA rate or term SOFR rate plus a margin of between 0.975% and 1.60% or a base rate plus a margin of between 0% and 0.50% depending on the Company’s Consolidated Leverage Ratio. The applicable SOFR and SONIA rates, including applicable margins, at September 26, 2025 were approximately 5.42% for borrowings denominated in U.S. dollars and 4.97% for borrowings denominated in British pounds. (4)The interest rate payable on the 5.90% Bonds (as defined below) may be increased by an additional 12.5 basis points on each of September 1, 2028 and September 1, 2030, based on whether or not the Company achieves the key performance indicators set forth in the First Supplemental Indenture (as defined below). Each key performance indicator is independent of the other. Therefore, we may achieve one, both, or neither. (5)Balance as of September 27, 2024 is associated with the September 1, 2025 scheduled maturity of the 2021 Term Loan Facility, which was reclassified from lon g-term debt in September 2024 and subsequently extinguished before March 28, 2025.
Schedule of Interest Expense | The following table presents the amount of interest paid by the Company during September 26, 2025, September 27, 2024 and September 29, 2023 (in thousands):
For the Years Ended
September 26, 2025 |  | September 27, 2024 |  | September 29, 2023
$ | 147,439 |  |  | $ | 201,199 |  |  | $ | 207,604 |

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