Debt

Long-term debt consisted of the following:



	As of
	April 1, 2017		October 1, 2016
	(In thousands)
Secured debt due 2017	$	—	$	40,000
Senior secured notes due 2019	375,000		375,000
Non-interest bearing promissory notes	22,178		22,475
Total long-term debt	397,178		437,475
Less: Current portion of non-interest bearing promissory notes	3,416		3,416
Long-term debt	$	393,762	$	434,059

During the second quarter of 2017, the Company prepaid the balance of the amount due under its secured debt due 2017 for $40.0 million plus accrued interest.

Short-term debt

The Company has a $375 million secured revolving credit facility (the "Cash Flow Revolver") that may be increased by an additional $125 million upon obtaining additional commitments from lenders then party to the Cash Flow Revolver or new lenders. The Cash Flow Revolver expires on May 20, 2020, but may be terminated by the lenders as early as March 4, 2019 if certain conditions exist. As of April 1, 2017, there were no borrowings and $13.4 million of letters of credit were outstanding under the Cash Flow Revolver.

As of April 1, 2017, certain foreign subsidiaries of the Company had a total of $74.0 million of short-term borrowing facilities, under which no borrowings were outstanding. Most of these facilities expire at various dates through the second quarter of 2019.

Debt covenants

The Company's Cash Flow Revolver requires the Company to comply with certain financial covenants. In addition, the Company's debt agreements contain a number of restrictive covenants, including restrictions on incurring additional debt, making investments and other restricted payments, selling assets, paying dividends and redeeming or repurchasing capital stock and debt, subject to certain exceptions.

The Company was in compliance with these covenants as of April 1, 2017.