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Debt (Tables) | 3 Months Ended
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Jan. 02, 2021
Debt Disclosure [Abstract] |
Schedule of short and long term debt | The Company’s short- and long-term debt obligations as of January 2, 2021 and October 3, 2020 were as follows:
| January 2, 2021 |  | October 3, 2020
(In thousands, except percentages) |  |  |  |  |  |  |
Term loan (1) | 2.4 | % |  | $ | 25,000 |  |  | 2.4 % |  | $ | 25,000 |
Unamortized debt issuance costs (2) |  |  | (63) |  |  |  |  | (82) |
Total indebtedness |  |  | 24,937 |  |  |  |  | 24,918 |
Less short-term portion |  |  | (24,937) |  |  |  |  | (6,667) |
Long-term debt |  |  | $ | — |  |  |  |  | $ | 18,251 |
(1)Due in October 2021 and bears interest at a variable rate equal to an adjusted LIBOR plus 2.25%, payable quarterly. Subsequent to the first quarter of fiscal 2021, the Company repaid all of its outstanding principal balance. For more information, refer to Note 14. Subsequent Event. (2)Debt issuance costs are recorded as a debt discount and recorded as 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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