| Summarized Results of TNI and MNI |
Summarized results of TNI are as follows: | | | | | | | | | | | | | | | | Three months ended | Six months ended | | (Thousands of Dollars) | March 29, 2026 | March 30, 2025 | March 29, 2026 | March 30, 2025 | | | | | | | Operating revenue | 5,069 | | 5,756 | | 9,883 | | 12,289 | | | Operating expenses | 3,763 | | 4,080 | | 7,368 | | 9,286 | | | Operating income | 1,306 | | 1,676 | | 2,515 | | 3,003 | | | Net income | 1,579 | | 1,817 | | 2,839 | | 3,067 | | | Equity in earnings of TNI | 790 | | 909 | | 1,420 | | 1,534 | |
Summarized results of MNI are as follows: | | | | | | | | | | | | | | | | Three months ended | Six months ended | | (Thousands of Dollars) | March 29, 2026 | March 30, 2025 | March 29, 2026 | March 30, 2025 | | | | | | | Operating revenue | 8,835 | | 9,079 | | 18,305 | | 18,838 | | | Operating expenses, excluding restructuring costs, depreciation and amortization | 6,637 | | 7,013 | | 13,870 | | 14,468 | | | Restructuring costs | — | | 23 | | 34 | | 23 | | | Depreciation and amortization | 59 | | 90 | | 119 | | 180 | | | Operating income | 2,139 | | 1,953 | | 4,282 | | 4,167 | | | Net income | 437 | | 493 | | 1,337 | | 1,487 | | | Equity in earnings of MNI | 219 | | 247 | | 669 | | 744 | |
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