Fair Value Measurements (Tables)

4 Months Ended

Jan. 17, 2021

Fair Value Disclosures [Abstract]

Financial Assets and Liabilities Measured at Fair Value on Recurring Basis

The following table presents our financial assets and liabilities measured at fair value on a recurring basis (in thousands):

	Total		Quoted Prices in Active Markets for Identical Assets (2) (Level 1)		Significant Other Observable Inputs (2) (Level 2)		Significant Unobservable Inputs (2) (Level 3)
Fair value measurements as of January 17, 2021:
Non-qualified deferred compensation plan (1)	$	21,926	$	21,926	$	—	$	—
Total liabilities at fair value	$	21,926	$	21,926	$	—	$	—
Fair value measurements as of September 27, 2020:
Non-qualified deferred compensation plan (1)	$	25,071	$	25,071	$	—	$	—
Total liabilities at fair value	$	25,071	$	25,071	$	—	$	—

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(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. The obligation is included in “Accrued liabilities” and “Other long-term liabilities” on our condensed consolidated balance sheets.

(2)We did not have any transfers in or out of Level 1, 2 or 3.

Carrying Value and Estimated Fair Value of Notes

The following table presents the carrying value and estimated fair value of our Class A-2 Notes as of January 17, 2021 and September 27, 2020 (in thousands):

	January 17, 2021				September 27, 2020
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Class A-2 Notes	$	1,290,251	$	1,354,188	$	1,290,251	$	1,354,241