Financial Instruments and Risk Management (Tables)

9 Months Ended

Jun. 28, 2014

Financial Instruments and Risk Management [Abstract]

Fair value of the Partnership's derivative instruments and their location in the condensed consolidated balance sheet

The following summarizes the gross fair value of the Partnership’s derivative instruments and their location in the condensed consolidated balance sheet as of June 28, 2014 and September 28, 2013, respectively:

	As of June 28, 2014			As of September 28, 2013
	Location	Fair Value		Location	Fair Value
Asset Derivatives
Derivatives not designated as hedging instruments:
Commodity-related derivatives	Other current assets	$	2,628	Other current assets	$	2,546
	Other assets		104	Other assets		716
		$	2,732		$	3,262
	Location	Fair Value		Location	Fair Value
Liability Derivatives
Derivatives designated as hedging instruments:
Interest rate swap	Other current liabilities	$	1,335	Other current liabilities	$	1,307
	Other liabilities		733	Other liabilities		1,121
		$	2,068		$	2,428
Derivatives not designated as hedging instruments:
Commodity-related derivatives	Other current liabilities	$	434	Other current liabilities	$	430

Reconciliation of the beginning and ending balances of assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs

The following summarizes the reconciliation of the beginning and ending balances of assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs:

	Fair Value Measurement Using Significant Unobservable Inputs (Level 3)
	Nine Months Ended					Nine Months Ended
	June 28, 2014					June 29, 2013
	Assets			Liabilities		Assets			Liabilities
Beginning balance of over-the-counter options	$	1,847		$	—	$	5,002		$	1,209
Beginning balance realized during the period		(773	)		—		(3,933	)		(1,162	)
Contracts purchased during the period		1,141			—		984			—
Change in the fair value of outstanding contracts		(85	)		—		(544	)		(43	)
Ending balance of over-the-counter options	$	2,130		$	—	$	1,509		$	4

Effect of the Partnership's derivative instruments on the condensed consolidated statements of operations

The effect of the Partnership’s derivative instruments on the condensed consolidated statement of operations and the condensed consolidated statement of comprehensive income, as applicable, for the three and nine months ended June 28, 2014 and June 29, 2013 are as follows:

	Three months ended June 28, 2014							Three months ended June 29, 2013
Derivatives in Cash Flow Hedging Relationships	Gains (Losses) Recognized in OCI (Effective Portion)			Gains (Losses) Reclassified from Accumulated OCI into Income				Gains (Losses) Recognized in OCI (Effective Portion)		Gains (Losses) Reclassified from Accumulated OCI into Income
				Location	Amount					Location	Amount
Interest rate swap	$	(433	)	Interest expense	$	(351	)	$	857	Interest expense	$	(702	)
Derivatives Not Designated as Hedging Instruments				Unrealized Gains (Losses) Recognized in Income						Unrealized Gains (Losses) Recognized in Income
				Location	Amount					Location	Amount
Commodity-related derivatives				Cost of products sold	$	707				Cost of products sold	$	(73	)
	Nine months ended June 28, 2014							Nine months ended June 29, 2013
Derivatives in Cash Flow Hedging Relationships	Gains (Losses) Recognized in OCI (Effective Portion)			Gains (Losses) Reclassified from Accumulated OCI into Income				Gains (Losses) Recognized in OCI (Effective Portion)		Gains (Losses) Reclassified from Accumulated OCI into Income
				Location	Amount					Location	Amount
Interest rate swap	$	(689	)	Interest expense	$	(1,050	)	$	1,176	Interest expense	$	(2,100	)
Derivatives Not Designated as Hedging Instruments				Unrealized Gains (Losses) Recognized in Income						Unrealized Gains (Losses) Recognized in Income
				Location	Amount					Location	Amount
Commodity-related derivatives				Cost of products sold	$	708				Cost of products sold	$	(6,333	)

Fair value of Partnership's recognized derivative assets and liabilities on a gross basis and amounts offset on condensed consolidated balance sheets

The following table presents the fair value of the Partnership’s recognized derivative assets and liabilities on a gross basis and amounts offset on the condensed consolidated balance sheets subject to enforceable master netting arrangements or similar agreements:

	As of June 28, 2014
	Gross amounts		Effects of netting			Net amounts presented in the balance sheet
Asset Derivatives
Commodity-related derivatives	$	4,086	$	(1,354	)	$	2,732
Interest rate swap		1,994		(1,994	)		—
	$	6,080	$	(3,348	)	$	2,732
Liability Derivatives
Commodity-related derivatives	$	1,788	$	(1,354	)	$	434
Interest rate swap		4,062		(1,994	)		2,068
	$	5,850	$	(3,348	)	$	2,502
	As of September 28, 2013
	Gross amounts		Effects of netting			Net amounts presented in the balance sheet
Asset Derivatives
Commodity-related derivatives	$	3,634	$	(372	)	$	3,262
Interest rate swap		2,804		(2,804	)		—
	$	6,438	$	(3,176	)	$	3,262
Liability Derivatives
Commodity-related derivatives	$	802	$	(372	)	$	430
Interest rate swap		5,232		(2,804	)		2,428
	$	6,034	$	(3,176	)	$	2,858

Fair value of the Partnership's Senior Notes

Bank Debt and Senior Notes. The fair value of the borrowings under the Revolving Credit Facility (defined below) approximates the carrying value since the interest rates are periodically adjusted to reflect market conditions. Based upon quoted market prices (a Level 1 input), the fair value of the Senior Notes (defined below) of the Partnership are as follows:

	As of
	June 28,		September 28,
	2014		2013
7.5% senior notes due October 1, 2018	$	—	$	533,799
7.375% senior notes due March 15, 2020		264,250		268,125
7.375% senior notes due August 1, 2021		378,565		372,143
5.50% senior notes due June 1, 2024		532,628		—
	$	1,175,443	$	1,174,067