Income Taxes (Tables)

12 Months Ended

Sep. 24, 2016

The income tax provision of all the legal entities included in the Partnership’s consolidated statement of operations, which is composed primarily of state income taxes in the few states that impose taxes on partnerships and minimum state income taxes on the Corporate Entities, consists of the following:

	Year Ended
	September 24,		September 26,		September 27,
	2016		2015		2014
Current
Federal	$	7	$	23	$	10
State and local		581		677		757
		588		700		767
Deferred		—		—		—
	$	588	$	700	$	767

Income tax reconciliation

The provision for income taxes differs from income taxes computed at the United States federal statutory rate as a result of the following:

	Year Ended
	September 24,			September 26,			September 27,
	2016			2015			2014
Income tax provision at federal statutory tax rate	$	5,260		$	29,768		$	33,346
Impact of Partnership income not subject to federal income taxes		(9,844	)		(32,148	)		(38,919	)
Permanent differences		182			210			86
Change in valuation allowance		4,737			2,181			5,458
State income taxes		(211	)		253			(60	)
Other		464			436			856
Provision for income taxes - current	$	588		$	700		$	767

Deferred tax assets and liabilities

The components of net deferred taxes and the related valuation allowance using currently enacted tax rates are as follows:

	Year Ended
	September 24,			September 26,
	2016			2015
Deferred tax assets:
Net operating loss carryforwards	$	60,628		$	55,033
Allowance for doubtful accounts		184			340
Inventory		457			395
Deferred revenue		1,091			1,241
Derivative instruments		78			—
AMT credit carryforward		1,086			1,086
Other accruals		1,101			1,718
Total deferred tax assets		64,625			59,813
Deferred tax liabilities:
Derivative instruments		—			142
Intangible assets		775			312
Property, plant and equipment		5,068			5,314
Total deferred tax liabilities		5,843			5,768
Net deferred tax assets		58,782			54,045
Valuation allowance		(58,782	)		(54,045	)
Net deferred tax assets	$	—		$	—