Investments in and Acquisitions of Businesses (Tables)

6 Months Ended

Mar. 25, 2023

Business Combinations [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The condensed consolidated balance sheet at March 25, 2023 reflects a preliminary allocation of the purchase price to the assets acquired and liabilities assumed. The following table summarizes the fair value of the assets acquired and liabilities assumed as of December 28, 2022:

Assets acquired:
Cash and cash equivalents	$	1,560
Accounts receivable		4,150
Other current assets		178
Current assets acquired		5,888
Property, plant & equipment		91,490
Other intangibles		48,024
Goodwill		31,759
Other assets		13,372
Total assets acquired		190,533
Liabilities assumed:
Accounts payable	$	(6,122	)
Other current liabilities		(1,969	)
Long-term debt		(65,776	)
Other noncurrent liabilities		(6,318	)
Total liabilities assumed		(80,185	)
Total net assets acquired	$	110,348

Schedule of purchase price of operating facilities Table Text Block

The purchase price of $190,000 for the two operating facilities, along with potential contingent consideration primarily based upon the future economic performance of the acquired RNG assets, consisted of the following:

Consideration paid at closing	$	110,348
Assumption of debt and accrued interest		81,717
Total		192,065
Less: estimated cash and working capital		(2,065	)
Total purchase price	$	190,000

Schedule of unaudited pro forma combined financial information

The following table presents unaudited pro forma combined financial information as if the aforementioned acquisition had occurred on September 26, 2021, the first day of the Partnership’s 2022 fiscal year:

	Three Months Ended				Six Months Ended
	March 25,		March 26,		March 25,		March 26,
	2023		2022		2023		2022
Revenues	$	526,501	$	592,297	$	927,901	$	971,197
Net income		104,452		169,602		139,349		182,021