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Restatement
9 Months Ended
Sep. 29, 2013
Accounting Changes and Error Corrections [Abstract]  
Restatement
Restatement:

The Partnership has made the following correction relating to its use of the composite depreciation method.

This correction, which impacts the Balance Sheet at September 30, 2012 and the Statement of Operations and Other Comprehensive Income for the three-, nine-, and twelve-month periods ended September 30, 2012, reflects a subsequent determination that a disposition from the Partnership's composite group of assets was considered to be unusual. In certain situations under the composite method, disposals are considered unusual and, accordingly, losses are not included in the composite depreciation pool but are rather charged immediately to expense. In 2013, the Partnership's initial determination of whether a specific asset retired under the composite method of depreciation in 2011 was normal, was reviewed in connection with a response to an SEC comment letter. The Partnership ultimately concluded that such disposition was unusual and that an $8.8 million charge should be reflected in the 2011 financial statements.







The tables below reflect the impact on the financial statements of the correction as described above.

Balance Sheet
 
(In thousands)
9/30/2012
Accumulated depreciation
 
As filed
$
(1,175,744
)
Correction
(7,845
)
As restated
$
(1,183,589
)
Total assets
 
As filed
$
2,089,837

Correction
(7,845
)
As restated
$
2,081,992

Deferred Tax Liability
 
As filed
$
143,094

Correction
(2,981
)
As restated
$
140,113

Limited Partners' Equity
 
As filed
$
212,797

Correction
(4,864
)
As restated
$
207,933








Statements of Operations and Other Comprehensive Income
(In thousands except per unit amounts)
 
Three months ended
 
Nine months ended
 
Twelve months ended
 
 
9/30/2012
 
9/30/2012
 
9/30/2012
Depreciation and amortization
 
 
 
 
 
 
As filed
 
$
60,747

 
$
113,156

 
$
128,136

Correction
 
(524
)
 
(945
)
 
(945
)
As restated
 
$
60,223

 
$
112,211

 
$
127,191

Loss (gain) on impairment / retirement of fixed assets, net
 
 
 
 
 
 
As filed
 
$
25,000

 
$
24,230

 
$
25,719

Correction
 

 

 
8,790

As restated
 
$
25,000

 
$
24,230

 
$
34,509

Income (loss) before tax
 
 
 
 
 
 
As filed
 
$
192,401

 
$
152,990

 
$
141,606

Correction
 
524

 
945

 
(7,845
)
As restated
 
$
192,925

 
$
153,935

 
$
133,761

Provision (benefit) for taxes
 
 
 
 
 
As filed
 
$
51,713

 
$
41,395

 
$
30,839

Correction
 
199

 
359

 
(2,981
)
As restated
 
$
51,912

 
$
41,754

 
$
27,858

Net income (loss)
 
 
 
 
 
As filed
 
$
140,688

 
$
111,595

 
$
110,767

Correction
 
325

 
586

 
(4,864
)
As restated
 
$
141,013

 
$
112,181

 
$
105,903

 
 
 
 
 
 
 
Basic earnings per limited partner unit:
 
 
 
 
 
As filed
 
$
2.53

 
$
2.01

 
$
2.00

Correction
 
0.01

 
0.01

 
(0.09
)
As restated
 
$
2.54

 
$
2.02

 
$
1.91

 
 
 
 
 
 
 
Diluted earnings per limited partner unit:
 
 
 
 
 
As filed
 
$
2.51

 
$
2.00

 
$
1.98

Correction
 
0.01

 
0.01

 
(0.09
)
As restated
 
$
2.52

 
$
2.01

 
$
1.89