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BORROWINGS (Tables) | 3 Months Ended
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Jan. 03, 2025
Debt Disclosure [Abstract] |
Schedule of Debt | The following table summarizes the Company’s short-term and long-term debt:
| January 3, 2025 |  | September 27, 2024 |  |  |  |
(In millions, except for percentages) | Amount |  | Amount |  | Contractual Interest Rate |  | Effective Interest Rate
Current maturities of long-term debt: |  |  |  |  |  |  |
Convertible Senior Unsecured Notes | $ | — |  |  | $ | 45.0 |  |  | 4.0% |  | 4.8%
Other debt | 1.4 |  |  | 1.5 |  |  |  |  |
Total current maturities of long-term debt | $ | 1.4 |  |  | $ | 46.5 |  |  |  |  |
Non-current maturities of long-term debt: |  |  |  |  |  |  |
Convertible Senior Unsecured Notes(1) | $ | 200.0 |  |  | $ | 155.0 |  |  | 4.0% |  | 4.8%
Senior Secured Notes | 368.0 |  |  | 243.0 |  |  | 7.9% |  | 8.2%
Other debt | 1.3 |  |  | 2.1 |  |  |  |  |
Total non-current maturities of long-term debt | $ | 569.3 |  |  | $ | 400.1 |  |  |  |  |
Unamortized issuance costs and debt premiums: |  |  |  |  |  |  |
Unamortized issuance costs - Convertible Notes | $ | (0.6) |  |  | $ | (1.0) |  |  |  |  |
Unamortized issuance costs, net of debt premium - Senior Secured Notes | (3.1) |  |  | (2.2) |  |  |  |  |
Total | (3.7) |  |  | (3.2) |  |  |  |  |
Total debt outstanding, net | $ | 567.0 |  |  | $ | 443.4 |  |  |  |  |
(1) This amount has been excluded from current liabilities as it is supported by the Revolving Credit Facility and restricted cash from the proceeds of the Senior Secured Notes Add On (as defined below) and is expected to remain outstanding for an uninterrupted period extending beyond one year from the balance sheet date.
Schedule of Interest Expense | The following table summarizes the Company’s interest expense:
| Three Months Ended |  |
| January 3, 2025 |  | December 29, 2023 |  |  |  |
Contractual interest coupon and other | $ | 7.1 |  |  | $ | 6.6 |  |  |  |  |
Amortization of debt issuance costs | 0.9 |  |  | 0.7 |  |  |  |  |
Total interest expense | $ | 8.0 |  |  | $ | 7.3 |  |  |  |  |

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