XML 32 R22.htm IDEA: XBRL DOCUMENT
v3.22.1

Pension Plans and Other Postretirement Benefits | 6 Months Ended
--- | ---
Mar. 26, 2022
Compensation And Retirement Disclosure [Abstract] |
Pension Plans and Other Postretirement Benefits |
1 5. | Pension Plans and Other Postretirement Benefits
The following table provides the components of net periodic benefit costs:
|  | Pension Benefits |
|  | Three Months Ended |  |  | Six Months Ended |
|  | March 26, |  |  | March 27, |  |  | March 26, |  |  | March 27, |
|  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |
Interest cost |  | $ | 560 |  |  | $ | 534 |  |  | $ | 1,119 |  |  | $ | 1,068 |
Expected return on plan assets |  |  | (354 | ) |  |  | (319 | ) |  |  | (708 | ) |  |  | (638 | )
Amortization of net loss |  |  | 600 |  |  |  | 898 |  |  |  | 1,199 |  |  |  | 1,796 |
Pension settlement charge |  |  | — |  |  |  | 570 |  |  |  | — |  |  |  | 570 |
Net periodic benefit cost |  | $ | 806 |  |  | $ | 1,683 |  |  | $ | 1,610 |  |  | $ | 2,796 |
|  | Postretirement Benefits |
|  | Three Months Ended |  |  | Six Months Ended |
|  | March 26, |  |  | March 27, |  |  | March 26, |  |  | March 27, |
|  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |
Interest cost |  | $ | 20 |  |  | $ | 19 |  |  | $ | 40 |  |  | $ | 38 |
Amortization of prior service credits |  |  | (125 | ) |  |  | (125 | ) |  |  | (249 | ) |  |  | (249 | )
Amortization of net (gain) |  |  | (181 | ) |  |  | (180 | ) |  |  | (362 | ) |  |  | (361 | )
Net periodic benefit cost |  | $ | (286 | ) |  | $ | (286 | ) |  | $ | (571 | ) |  | $ | (572 | )
The Partnership expects to contribute approximately $3,330 to the defined benefit pension plan during fiscal 2022, of which $1,110 was contributed during the six months ended March 26, 2022. The projected annual contribution requirements related to the Partnership’s postretirement health care and life insurance benefit plan for fiscal 2022 is $710, of which $332 was contributed during the six months ended March 26, 2022. During the second quarter of fiscal 2021, lump sum pension settlement payments exceeded the settlement threshold (combined service and interest costs of net periodic pension cost) of $2,135, which required the Partnership to recognize a non-cash settlement charge of $570. This non-cash charge was required to accelerate recognition of a portion of cumulative unamortized losses in the defined benefit pension plans. The components of net periodic benefit cost are included in the line item Other, net in the condensed consolidated statements of operations. The Partnership contributes to multi-employer pension plans (“MEPPs”) in accordance with various collective bargaining agreements covering union employees. As one of the many participating employers in these MEPPs, the Partnership is responsible with the other participating employers for any plan underfunding. As of March 26, 2022 and September 25, 2021, the Partnership’s estimated obligation to these MEPPs was $23,035 and $23,567, respectively, as a result of its voluntary full withdrawal from certain MEPPs.

X
- References No definition available. + Details
Name: | us-gaap_CompensationAndRetirementDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for retirement benefits. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 55 -Paragraph 17 -URI http://asc.fasb.org/extlink&oid=123450688&loc=d3e4179-114921 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section S99 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=21916913&loc=d3e273930-122802 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (d)(i) -URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (o) -URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (p) -URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 70 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=49170846&loc=d3e28014-114942 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -URI http://asc.fasb.org/topic&trid=2235017 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 60 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6414203&loc=d3e39689-114964 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (d)(iv)(03) -URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (q) -URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (r)(1) -URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (d)(iii) -URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (l) -URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (r)(2) -URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 + Details
Name: | us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration