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Segment Information
3 Months Ended
Mar. 29, 2019
Segment Reporting [Abstract]  
Segment Information

NOTE 9 – SEGMENT INFORMATION

The Partnership has determined it has two operating and reportable segments based upon geographic location, the U.S. and Canada.  Canada segment information, as reported in the following table, is based upon the Consolidated Financial Statements of the Partnership's Canada operations, which primarily occur through a non-guaranteed subsidiary of the Partnership.  The U.S. segment information is derived from the Consolidated Financial Statements less the Canada segment information as presented.  Pre-variable income represents income before variable compensation expense and before allocations to partners.  This is consistent with how management views the segments in order to assess performance.

The following table shows financial information for the Partnership’s reportable segments:

 

 

 

Three Months Ended

 

 

 

 

March 29,

2019

 

 

March 30,

2018

 

 

Net revenue:

 

 

 

 

 

 

 

 

 

U.S.

 

$

2,135

 

 

$

1,984

 

 

Canada

 

 

55

 

 

 

58

 

 

Total net revenue

 

$

2,190

 

 

$

2,042

 

 

 

 

 

 

 

 

 

 

 

 

Pre-variable income (loss):

 

 

 

 

 

 

 

 

 

U.S.

 

$

488

 

 

$

466

 

 

Canada

 

 

(1

)

 

 

3

 

 

Total pre-variable income

 

 

487

 

 

 

469

 

 

 

 

 

 

 

 

 

 

 

 

Variable compensation:

 

 

 

 

 

 

 

 

 

U.S.

 

 

240

 

 

 

230

 

 

Canada

 

 

6

 

 

 

6

 

 

Total variable compensation

 

 

246

 

 

 

236

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) before allocations to partners:

 

 

 

 

 

 

 

 

 

U.S.

 

 

248

 

 

 

236

 

 

Canada

 

 

(7

)

 

 

(3

)

 

Total income before allocations to partners

 

$

241

 

 

$

233