v3.25.2
Net Income Per Common Unit
9 Months Ended
Jun. 28, 2025
Earnings Per Share [Abstract]  
Net Income Per Common Unit
9.
Net Income Per Common Unit

Computations of basic income per Common Unit are performed by dividing net income by the weighted average number of outstanding Common Units and vested (and unissued) restricted units granted under the Partnership’s Restricted Unit Plan, as defined below, to retirement-eligible grantees. Computations of diluted income per Common Unit are performed by dividing net income by the weighted average number of outstanding Common Units and unvested restricted units granted under the Restricted Unit Plan. In computing diluted net income per Common Unit, weighted average units outstanding used to compute basic net income per Common Unit were increased by 393,766 and 449,455 units for the nine months ended June 28, 2025 and June 29, 2024, respectively, to reflect the potential dilutive effect of the unvested restricted units outstanding using the treasury stock method. Diluted loss per unit for the three months ended June 28, 2025 and June 29, 2024 does not include unvested Restricted Units (see Note 12, “Unit-Based Compensation Arrangements”) as their effect would be anti-dilutive.