| Summarized Results of TNI and MNI |
Summarized results of TNI are as follows: | | | | | | | | | | | | | | | | Three months ended | Nine months ended | | (Thousands of Dollars) | June 29,
2025 | June 23,
2024 | June 29,
2025 | June 23,
2024 | | | | | | | Operating revenue | 5,320 | | 6,667 | | 17,609 | | 21,018 | | | Operating expenses | 3,764 | | 5,076 | | 13,050 | | 15,207 | | | Operating income | 1,556 | | 1,591 | | 4,559 | | 5,811 | | | Net income | 1,529 | | 1,544 | | 4,596 | | 5,764 | | | Equity in earnings of TNI | 765 | | 772 | | 2,298 | | 2,882 | |
Summarized results of MNI are as follows: | | | | | | | | | | | | | | | | Three months ended | Nine months ended | | (Thousands of Dollars) | June 29,
2025 | June 23,
2024 | June 29,
2025 | June 23,
2024 | | | | | | | Operating revenue | 9,136 | | 10,136 | | 27,974 | | 30,560 | | | Operating expenses, excluding restructuring costs, depreciation and amortization | 7,252 | | 7,829 | | 21,720 | | 23,275 | | | Restructuring costs | 95 | | 4 | | 118 | | 113 | | | Depreciation and amortization | 89 | | 121 | | 269 | | 361 | | | Operating income | 1,700 | | 2,182 | | 5,867 | | 6,811 | | | Net income | (157) | | 699 | | 1,330 | | 1,973 | | | Equity in earnings of MNI | (79) | | 350 | | 665 | | 987 | |
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