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Segment Information
9 Months Ended
Sep. 27, 2019
Segment Reporting [Abstract]  
Segment Information

NOTE 10 – 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 to assess performance.

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

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 27,

2019

 

 

September 28,

2018

 

 

September 27,

2019

 

 

September 28,

2018

 

Net revenue:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S.

 

$

2,306

 

 

$

2,131

 

 

$

6,697

 

 

$

6,141

 

Canada

 

 

61

 

 

 

60

 

 

 

179

 

 

 

175

 

Total net revenue

 

$

2,367

 

 

$

2,191

 

 

$

6,876

 

 

$

6,316

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pre-variable income:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S.

 

$

575

 

 

$

534

 

 

$

1,620

 

 

$

1,487

 

Canada

 

 

5

 

 

 

5

 

 

 

11

 

 

 

10

 

Total pre-variable income

 

 

580

 

 

 

539

 

 

 

1,631

 

 

 

1,497

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Variable compensation:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S.

 

 

293

 

 

 

261

 

 

 

806

 

 

 

734

 

Canada

 

 

6

 

 

 

5

 

 

 

18

 

 

 

17

 

Total variable compensation

 

 

299

 

 

 

266

 

 

 

824

 

 

 

751

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) before allocations to partners:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S.

 

 

282

 

 

 

273

 

 

 

814

 

 

 

753

 

Canada

 

 

(1

)

 

 

 

 

 

(7

)

 

 

(7

)

Total income before allocations to partners

 

$

281

 

 

$

273

 

 

$

807

 

 

$

746