Long-Term Debt (Tables)

3 Months Ended

Dec. 31, 2023

Debt Disclosure [Abstract]

Schedule of long-term debt instruments

Long-term debt consisted of the following (in thousands):

	Balance at
	December 31, 2023		October 1, 2023
Credit facilities	$	385,000	$	320,000
Convertible notes	575,000		575,000
Debt issuance costs and discount	(14,681)		(15,471)
Long-term debt	$	945,319	$	879,529

Convertible debt

The net carrying amount of the Convertible Notes was as follows (in thousands):

	Balance at
	December 31, 2023		October 1, 2023
Principal	$	575,000	$	575,000
Unamortized discount and issuance costs	(13,481)		(14,158)
Net carrying amount	$	561,519	$	560,842

Interest income and interest expense disclosure

The following table sets forth the interest expense recognized related to the Convertible Notes for the first quarter of fiscal 2024 (in thousands):

	Amount
Interest expense	3,270
Amortization of discount and issuance costs	678
Total interest expense	$	3,948