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Stockholders' Deficit
12 Months Ended
Oct. 02, 2021
Equity [Abstract]  
Stockholders' Deficit
13. Stockholders’ Deficit

Repurchase of Convertible Preferred Stock

On November 13, 2018, the Company converted all remaining outstanding shares of its Series A Convertible Cumulative Preferred Stock, and issued 799,615 shares of common stock. There were no dividends paid with the conversion.

Tender Offer

On October 15, 2018, the Company received $50.0 million in funding from the First Amended Credit Agreement (refer to Note 8, Debt, for more information). In conjunction with the debt funding, we conducted a tender offer and accepted for purchase:

(i) 1,782,568 shares of our common stock at a price of $28.00 per share, which we hold as treasury stock; and
(ii) 364 shares of our Series A Convertible Cumulative Preferred Stock at a price of $241.69 per share.

The total aggregate cost was approximately $50.3 million, which includes fees and expenses related to the tender offer.