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Long-Term Debt (Tables)

12 Months Ended

Sep. 25, 2021

Debt Disclosure [Abstract]

Schedule of Long-Term Debt

Long-term debt consists of the following:

									September 25, 2021						September 26, 2020
						(in thousands)
Senior notes, interest at 6.125%, payable semi-annually, principal due November 2023									$	—					$	400,000
Senior notes, interest at 5.125%, payable semi-annually, principal due February 2028									300,000						300,000
Senior notes, interest at 4.125%, payable semi-annually, principal due October 2030									500,000						—
Senior notes, interest at 4.125%, payable semi-annually, principal due April 2031									400,000						—
Unamortized debt issuance costs									(15,994)						(6,142)
Net carrying value									1,184,006						693,858
Asset-based revolving credit facility, interest at LIBOR plus a margin of 1.00% to 1.50% or Base Rate plus a margin of 0.0% to 0.50%, final maturity September 2024									—						—
Other notes payable									1,758						195
Total									1,185,764						694,053
Less current portion									(1,081)						(97)
Long-term portion									$	1,184,683					$	693,956

Schedule of Principal Repayments on Long-Term Debt

The scheduled principal repayments on long-term debt as of September 25, 2021 are as follows:

			(in thousands)
Fiscal year:
2022			$	1,081
2023			323
2024			228
2025			126
2026			—
Thereafter			1,200,000
Total			$	1,201,758		(1)

(1)Debt repayments do not reflect the unamortized portion of deferred financing costs associated with the 2028 Notes, 2030 Notes and 2031 Notes of approximately $16.0 million as of September 25, 2021, of which, $2.9 million is amortizable until February 2028, $7.3 million is amortizable until October 2030 and $5.8 million is amortizable until April 2031, and is included in the carrying value.

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