|
Borrowings and Credit Arrangements (Tables)
|
3 Months Ended |
|
Dec. 29, 2012
|
| Company's Borrowings |
The
Company’s borrowings consisted of the following:
|
|
|
|
|
|
|
|
|
| |
|
December 29, 2012 |
|
|
September 29, 2012 |
|
|
Current debt obligations,
net of debt discount:
|
|
|
|
|
|
|
|
|
|
Convertible
Notes
|
|
$ |
734,476 |
|
|
$ |
— |
|
|
Term Loan A
|
|
|
49,603 |
|
|
|
49,582 |
|
|
Term Loan B
|
|
|
14,858 |
|
|
|
14,853 |
|
|
|
|
|
|
|
|
|
|
|
Total current debt
obligations
|
|
|
798,937 |
|
|
|
64,435 |
|
|
|
|
|
Long-term debt obligations,
net of debt discount:
|
|
|
|
|
|
|
|
|
|
Term Loan A
|
|
|
930,066 |
|
|
|
942,065 |
|
|
Term Loan B
|
|
|
1,467,191 |
|
|
|
1,470,454 |
|
|
Senior Notes
|
|
|
1,000,000 |
|
|
|
1,000,000 |
|
|
Convertible
Notes
|
|
|
839,828 |
|
|
|
1,558,660 |
|
|
|
|
|
|
|
|
|
|
|
Total long-term debt
obligations
|
|
|
4,237,085 |
|
|
|
4,971,179 |
|
|
|
|
|
|
|
|
|
|
|
Total debt
obligations
|
|
$ |
5,036,022 |
|
|
$ |
5,035,614 |
|
|
|
|
|
|
|
|
|
|
|
| Convertible Notes and Related Equity Components |
The Convertible
Notes and related equity components (recorded in additional
paid-in-capital, net of deferred taxes) consisted of the
following:
|
|
|
|
|
|
|
|
|
| |
|
December 29,
2012 |
|
|
September 29,
2012 |
|
|
2007 Notes principal
amount
|
|
$ |
775,000 |
|
|
$ |
775,000 |
|
|
Unamortized
discount
|
|
|
(40,524 |
) |
|
|
(50,591 |
) |
|
|
|
|
|
|
|
|
|
|
Net carrying
amount
|
|
$ |
734,476 |
|
|
$ |
724,409 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Equity component, net of
taxes
|
|
$ |
233,353 |
|
|
$ |
233,353 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2010 Notes principal
amount
|
|
$ |
450,000 |
|
|
$ |
450,000 |
|
|
Unamortized
discount
|
|
|
(70,199 |
) |
|
|
(74,062 |
) |
|
|
|
|
|
|
|
|
|
|
Net carrying
amount
|
|
$ |
379,801 |
|
|
$ |
375,938 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Equity component, net of
taxes
|
|
$ |
60,054 |
|
|
$ |
60,054 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2012 Notes principal
amount
|
|
$ |
500,000 |
|
|
$ |
500,000 |
|
|
Unamortized
discount
|
|
|
(39,973 |
) |
|
|
(41,687 |
) |
|
|
|
|
|
|
|
|
|
|
Net carrying
amount
|
|
$ |
460,027 |
|
|
$ |
458,313 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Equity component, net of
taxes
|
|
$ |
49,195 |
|
|
$ |
49,195 |
|
|
|
|
|
|
|
|
|
|
|
| Interest Expense Under Convertible Notes |
Interest
expense under the Convertible Notes is as follows:
|
|
|
|
|
|
|
|
|
| |
|
Three months
ended |
|
| |
|
December 29,
2012 |
|
|
December 24,
2011 |
|
|
Amortization of debt
discount
|
|
$ |
15,644 |
|
|
$ |
18,953 |
|
|
Amortization of deferred
financing costs
|
|
|
908 |
|
|
|
1,007 |
|
|
|
|
|
|
|
|
|
|
|
Non-cash interest
expense
|
|
|
16,552 |
|
|
|
19,960 |
|
|
|
|
|
|
|
|
|
|
|
2.00% accrued
interest
|
|
|
8,610 |
|
|
|
8,578 |
|
|
|
|
|
|
|
|
|
|
|
|
$ |
25,162 |
|
|
$ |
28,538 |
|
|
|
|
|
|
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|