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Financial Instruments and Risk Management (Tables) | 12 Months Ended
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Sep. 30, 2023
Fair Value Disclosures [Abstract] |
Fair value of the Partnership's derivative instruments and their location in the condensed consolidated balance sheets | The following summarizes the fair value of the Partnership’s derivative instruments and their location in the consolidated balance sheets as of September 30, 2023 and September 24, 2022, respectively:
|  | As of September 30, 2023 |  |  | As of September 24, 2022 |
Asset Derivatives |  | Location |  | Fair Value |  |  | Location |  | Fair Value |
Derivatives not designated as hedging instruments: |  |  |  |  |  |  |  |  |  |
Commodity-related derivatives |  | Other current assets |  | $ | 18,538 |  |  | Other current assets |  | $ | 18,263 |
|  | Other assets |  |  | 8 |  |  | Other assets |  |  | 16,430 |
|  |  |  | $ | 18,546 |  |  |  |  | $ | 34,693 |
Liability Derivatives |  | Location |  | Fair Value |  |  | Location |  | Fair Value |
Derivatives not designated as hedging instruments: |  |  |  |  |  |  |  |  |  |
Commodity-related derivatives |  | Other current liabilities |  | $ | 2,427 |  |  | Other current liabilities |  | $ | 16,957 |
|  | Other liabilities |  |  | 4,784 |  |  | Other liabilities |  |  | 1,895 |
|  |  |  | $ | 7,211 |  |  |  |  | $ | 18,852 |
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) |
|  | Fiscal 2023 |  |  | Fiscal 2022 |
|  | Assets |  |  | Liabilities |  |  | Assets |  |  | Liabilities |
Beginning balance of over-the-counter options |  | $ | 222 |  |  | $ | 3,408 |  |  | $ | 4,626 |  |  | $ | 451 |
Beginning balance realized during the period |  |  | (194 | ) |  |  | (2,475 | ) |  |  | (4,626 | ) |  |  | (219 | )
Contracts purchased during the period |  |  | — |  |  |  | — |  |  |  | 222 |  |  |  | 3,295 |
Change in the fair value of outstanding contracts |  |  | (28 | ) |  |  | (127 | ) |  |  | — |  |  |  | (119 | )
Ending balance of over-the-counter options |  | $ | — |  |  | $ | 806 |  |  | $ | 222 |  |  | $ | 3,408 |
Effect of the Partnership's derivative instruments on the condensed consolidated statements of operations | The effect of the Partnership’s derivative instruments on the consolidated statements of operations for fiscal 2023, 2022 and 2021 are as follows:
|  | Unrealized Gains (Losses) Recognized in Income |
Derivatives Not Designated as Hedging Instruments |  | Location |  | Amount |
Commodity-related derivatives: |  |  |  |  |
Fiscal 2023 |  | Cost of products sold |  | $ | (3,671 | )
Fiscal 2022 |  | Cost of products sold |  | $ | (27,929 | )
Fiscal 2021 |  | Cost of products sold |  | $ | 43,121 |
Fair value of the Partnership's recognized derivative assets and liabilities on a gross basis and amounts offset on the 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 consolidated balance sheets subject to enforceable master netting arrangements or similar agreements:
|  | As of September 30, 2023 |
|  |  |  |  |  |  |  | Net amounts |
|  |  |  |  |  |  |  | presented in the |
|  | Gross amounts |  |  | Effects of netting |  |  | balance sheet |
Asset Derivatives |  |  |  |  |  |  |  |  |
Commodity-related derivatives |  | $ | 35,339 |  |  | $ | (16,793 | ) |  | $ | 18,546 |
|  | $ | 35,339 |  |  | $ | (16,793 | ) |  | $ | 18,546 |
Liability Derivatives |  |  |  |  |  |  |  |  |
Commodity-related derivatives |  | $ | 24,004 |  |  | $ | (16,793 | ) |  | $ | 7,211 |
|  | $ | 24,004 |  |  | $ | (16,793 | ) |  | $ | 7,211 |
|  | As of September 24, 2022 |
|  |  |  |  |  |  |  | Net amounts |
|  |  |  |  |  |  |  | presented in the |
|  | Gross amounts |  |  | Effects of netting |  |  | balance sheet |
Asset Derivatives |  |  |  |  |  |  |  |  |
Commodity-related derivatives |  | $ | 117,260 |  |  | $ | (82,567 | ) |  | $ | 34,693 |
|  | $ | 117,260 |  |  | $ | (82,567 | ) |  | $ | 34,693 |
Liability Derivatives |  |  |  |  |  |  |  |  |
Commodity-related derivatives |  | $ | 101,419 |  |  | $ | (82,567 | ) |  | $ | 18,852 |
|  | $ | 101,419 |  |  | $ | (82,567 | ) |  | $ | 18,852 |

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- Definition Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c) -SubTopic 10 -Topic 820 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-3 + Details
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- Definition Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4E -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4E Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4C Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4A + Details
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