XML 28 R14.htm IDEA: XBRL DOCUMENT v3.21.1
Segment Information
3 Months Ended
Mar. 26, 2021
Segment Reporting [Abstract]  
Segment Information


NOTE 8 – 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 reviews the segments to assess performance.

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

 

 

Three Months Ended

 

 

March 26,

2021

 

 

March 27,

2020

 

Net revenue:

 

 

 

 

 

 

 

U.S.

$

2,779

 

 

$

2,423

 

Canada

 

74

 

 

 

68

 

Total net revenue

$

2,853

 

 

$

2,491

 

 

 

 

 

 

 

 

 

Pre-variable income:

 

 

 

 

 

 

 

U.S.

$

841

 

 

$

636

 

Canada

 

8

 

 

 

5

 

Total pre-variable income

$

849

 

 

$

641

 

 

 

 

 

 

 

 

 

Variable compensation:

 

 

 

 

 

 

 

U.S.

$

460

 

 

$

331

 

Canada

 

9

 

 

 

7

 

Total variable compensation

$

469

 

 

$

338

 

 

 

 

 

 

 

 

 

Income (loss) before allocations to partners:

 

 

 

 

 

 

 

U.S.

$

381

 

 

$

305

 

Canada

 

(1

)

 

 

(2

)

Total income before allocations to partners

$

380

 

 

$

303