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Fair Value Measurements (Tables)
12 Months Ended
Oct. 01, 2017
Fair Value Disclosures [Abstract]  
Financial Assets And Liabilities Measured At Fair Value On Recurring Basis
The following table presents the financial assets and liabilities measured at fair value on a recurring basis (in thousands):
  
 
Total
 
Quoted
Prices
in Active
Markets for
Identical
Assets (3)
(Level 1)
 
Significant
Other
Observable
Inputs (3)
(Level 2)
 
Significant
Unobservable
Inputs (3)
(Level 3)
Fair value measurements as of October 1, 2017:
 
 
 
 
 
 
 
 
Non-qualified deferred compensation plan (1)
 
$
(37,575
)
 
$
(37,575
)
 
$

 
$

Interest rate swaps (Note 6) (2)
 
(22,927
)
 

 
(22,927
)
 

Total liabilities at fair value
 
$
(60,502
)
 
$
(37,575
)
 
$
(22,927
)
 
$

Fair value measurements as of October 2, 2016:
 
 
 
 
 
 
 
 
Non-qualified deferred compensation plan (1)
 
$
(36,933
)
 
$
(36,933
)
 
$

 
$

Interest rate swaps (Note 6) (2)
 
(47,765
)
 

 
(47,765
)
 

Total liabilities at fair value
 
$
(84,698
)
 
$
(36,933
)
 
$
(47,765
)
 
$

 ____________________________
(1)
We maintain an unfunded defined contribution plan for key executives and other members of management. The fair value of this obligation is based on the closing market prices of the participants’ elected investments.
(2)
We entered into interest rate swaps to reduce our exposure to rising interest rates on our variable rate debt. The fair values of our interest rate swaps are based upon Level 2 inputs which include valuation models as reported by our counterparties. The key inputs for the valuation models are quoted market prices, discount rates and forward yield curves.
(3)
We did not have any transfers in or out of Level 1, 2 or 3.