v3.26.1
Segment Information
 3 Months Ended
Mar. 27, 2026
Segment Reporting [Abstract]  
Segment Information

NOTE 4 – 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. Income before allocations margin represents income before allocations as a percentage of total revenue. The following table shows financial information for the Partnership’s reportable segments:

 

 

Three Months Ended

 

 

Three Months Ended

 

 

 

March 27, 2026

 

 

March 28, 2025

 

 

 

U.S.

 

 

Canada

 

 

Total

 

 

U.S.

 

 

Canada

 

 

Total

 

Net revenue

 

$

4,548

 

 

$

129

 

 

$

4,677

 

 

$

4,047

 

 

$

120

 

 

$

4,167

 

FA compensation and benefits

 

 

1,821

 

 

 

54

 

 

 

1,875

 

 

 

1,605

 

 

 

48

 

 

 

1,653

 

Home office operating expense

 

 

856

 

 

 

32

 

 

 

888

 

 

 

778

 

 

 

27

 

 

 

805

 

Branch office operating expense

 

 

606

 

 

 

19

 

 

 

625

 

 

 

568

 

 

 

17

 

 

 

585

 

Variable compensation

 

 

732

 

 

 

16

 

 

 

748

 

 

 

598

 

 

 

13

 

 

 

611

 

Operating expenses

 

 

4,015

 

 

 

121

 

 

 

4,136

 

 

 

3,549

 

 

 

105

 

 

 

3,654

 

Income before allocations

 

$

533

 

 

$

8

 

 

$

541

 

 

$

498

 

 

$

15

 

 

$

513

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income before allocations margin

 

 

11.6

%

 

 

6.2

%

 

 

11.5

%

 

 

12.1

%

 

 

12.8

%

 

 

12.2

%

Net interest and dividends revenue

 

$

179

 

 

$

9

 

 

$

188

 

 

$

206

 

 

$

13

 

 

$

219

 

Depreciation and amortization

 

$

190

 

 

$

4

 

 

$

194

 

 

$

159

 

 

$

5

 

 

$

164

 

Total assets

 

$

27,507

 

 

$

1,504

 

 

$

29,011

 

 

$

26,758

 

 

$

1,222

 

 

$

27,980