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Debt (Tables) | 12 Months Ended
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Sep. 28, 2019
Debt Disclosure [Abstract] |
Schedule of short and long term debt | The Company’s short and long term debt as of September 28, 2019 and September 29, 2018 is as follows:
| 2019 |  | 2018
| Rate |  | Balance |  | Rate |  | Balance
(In thousands) |  |  |  |  |  |  |
Term Loan (1) | 4.6 | % |  | $ | 33,333 |  |  | 4.8 | % |  | $ | 40,000 |
Unamortized debt issuance costs (2) |  |  | (160 | ) |  |  |  | (236 | )
Total indebtedness |  |  | 33,173 |  |  |  |  | 39,764 |
Less short term portion |  |  | (8,333 | ) |  |  |  | (6,667 | )
Long term debt |  |  | $ | 24,840 |  |  |  |  | $ | 33,097 |
(1) | Bears interest at a variable rate equal to an adjusted LIBOR plus 2.25% and is payable quarterly. Due in October 2021, with quarterly principal payments beginning in July 2019.
(2) | Debt issuance costs are recorded as a debt discount and charged to interest expense over the term of the agreement.

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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