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Restatement
6 Months Ended
Jun. 30, 2013
Accounting Changes and Error Corrections [Abstract]  
Restatement
Restatement:

We have made the following correction relating to our use of the composite depreciation method.

This correction, which impacts the Balance Sheet at July 1, 2012 and the Statement of Operations and Other Comprehensive Income for the three, six, and twelve month periods ended July 1, 2012, reflects a subsequent determination that a disposition from our composite group of assets was considered to be unusual. In certain situations under the composite method, disposals are considered unusual and, accordingly, losses are not included in the composite depreciation pool but are rather charged immediately to expense. In 2013, the Partnership's initial determination of whether a specific asset retired under the composite method of depreciation in 2011 was normal was reviewed in connection with responding to an SEC comment letter. We ultimately concluded that such disposition was unusual and that an $8.8 million charge should be reflected in the 2011 financial statements.






The tables below reflect the impact on the financial statements of the correction as described above.

Balance Sheet
 
(In thousands)
7/1/2012
Accumulated depreciation
 
As filed
$
(1,111,530
)
Correction
(8,369
)
As restated
$
(1,119,899
)
Total assets
 
As filed
$
2,141,898

Correction
(8,369
)
As restated
$
2,133,529

Deferred Tax Liability
 
As filed
$
137,288

Correction
(3,180
)
As restated
$
134,108

Limited Partners' Equity
 
As filed
$
93,946

Correction
(5,189
)
As restated
$
88,757








Statements of Operations and Other Comprehensive Income
(In thousands except per unit amounts)
 
Three months ended
 
Six months ended
 
Twelve months ended
 
 
7/1/2012
 
7/1/2012
 
7/1/2012
Depreciation and amortization
 
 
 
 
 
 
As filed
 
$
48,330

 
$
52,409

 
$
130,837

Correction
 
(421
)
 
(421
)
 
(421
)
As restated
 
$
47,909

 
$
51,988

 
$
130,416

Loss (gain) on impairment / retirement of fixed assets, net
 
 
 
 
 
 
As filed
 
$
(862
)
 
$
(770
)
 
$
1,599

Correction
 

 

 
8,790

As restated
 
$
(862
)
 
$
(770
)
 
$
10,389

Income (loss) before tax
 
 
 
 
 
 
As filed
 
$
47,543

 
$
(39,411
)
 
$
139,267

Correction
 
421

 
421

 
(8,369
)
As restated
 
$
47,964

 
$
(38,990
)
 
$
130,898

Provision (benefit) for taxes
 
 
 
 
 
As filed
 
$
11,221

 
$
(10,318
)
 
$
16,970

Correction
 
160

 
160

 
(3,180
)
As restated
 
$
11,381

 
$
(10,158
)
 
$
13,790

Net income (loss)
 
 
 
 
 
As filed
 
$
36,322

 
$
(29,093
)
 
$
122,297

Correction
 
261

 
261

 
(5,189
)
As restated
 
$
36,583

 
$
(28,832
)
 
$
117,108

 
 
 
 
 
 
 
Basic earnings per limited partner unit:
 
 
 
 
 
As filed
 
$
0.65

 
$
(0.52
)
 
$
2.21

Correction
 
0.01

 

 
(0.10
)
As restated
 
$
0.66

 
$
(0.52
)
 
$
2.11

 
 
 
 
 
 
 
Diluted earnings per limited partner unit:
 
 
 
 
 
As filed
 
$
0.65

 
$
(0.52
)
 
$
2.19

Correction
 
0.01

 

 
(0.09
)
As restated
 
$
0.66

 
$
(0.52
)
 
$
2.10