Net Income Per Common Unit

6 Months Ended

Mar. 25, 2017

6.	Net Income Per Common Unit

Computations of basic income per Common Unit are performed by dividing net income by the weighted average number of outstanding Common Units, and vested (and unissued) restricted units granted under the Partnership’s Restricted Unit Plans, as defined below, to retirement-eligible grantees. Computations of diluted income per Common Unit are performed by dividing net income by the weighted average number of outstanding Common Units and unissued restricted units granted under the Restricted Unit Plans. In computing diluted net income per Common Unit, weighted average units outstanding used to compute basic net income per Common Unit were increased by 300,116 and 259,481 units for the three and six months ended March 25, 2017, respectively, and 277,435 and 270,360 units for the three and six months ended March 26, 2016, respectively, to reflect the potential dilutive effect of the unvested restricted units outstanding using the treasury stock method.