Components of Long-Term Debt |
Long-term debt consists of the following: | | | | | | | | | | | | | | | | | | | | | | | June 28, 2025 | | June 29, 2024 | | September 28, 2024 | | | (in thousands) | Senior notes, interest at 5.125%, payable semi-annually, principal due February 2028 | | $ | 300,000 | | | $ | 300,000 | | | $ | 300,000 | | Senior notes, interest at 4.125%, payable semi-annually, principal due October 2030 | | 500,000 | | | 500,000 | | | 500,000 | | Senior notes, interest at 4.125%, payable semi-annually, principal due April 2031 | | 400,000 | | | 400,000 | | | 400,000 | | Unamortized debt issuance costs | | (8,929) | | | (10,816) | | | (10,345) | | Net carrying value | | 1,191,071 | | | 1,189,184 | | | 1,189,655 | | Asset-based revolving credit facility, interest at SOFR plus a margin of 1.00% to 1.50% or Base Rate plus a margin of 0.0% to 0.50%, final maturity December 2026. | | — | | | — | | | — | | | | | | | | | Other notes payable | | 189 | | | 472 | | | 393 | | Total | | 1,191,260 | | | 1,189,656 | | | 1,190,048 | | Less current portion | | (81) | | | (290) | | | (239) | | Long-term portion | | $ | 1,191,179 | | | $ | 1,189,366 | | | $ | 1,189,809 | |
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