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Investments in and Acquisitions of Businesses (Tables) | 9 Months Ended
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Jun. 24, 2023
Business Combinations [Abstract] |
Schedule of purchase price of operating facilities Table Text Block | The purchase price of $190,000 for the two operating facilities, along with potential contingent consideration primarily based upon the future economic performance of the acquired RNG assets, consisted of the following:
Consideration paid at closing |  | $ | 110,348 |
Assumption of debt and accrued interest |  |  | 81,717 |
Total |  |  | 192,065 |
Less: estimated cash and working capital |  |  | (2,065 | )
Total purchase price |  | $ | 190,000 |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The condensed consolidated balance sheet at June 24, 2023 reflects a preliminary allocation of the purchase price to the assets acquired and liabilities assumed. The following table summarizes the fair value of the assets acquired and liabilities assumed as of December 28, 2022:
Assets acquired: |  |  |
Cash and cash equivalents |  | $ | 1,560 |
Accounts receivable |  |  | 4,150 |
Other current assets |  |  | 178 |
Current assets acquired |  |  | 5,888 |
Property, plant & equipment |  |  | 91,490 |
Other intangibles |  |  | 48,024 |
Goodwill |  |  | 31,759 |
Other assets |  |  | 13,372 |
Total assets acquired |  |  | 190,533 |
Liabilities assumed: |  |  |
Accounts payable |  | $ | (6,122 | )
Other current liabilities |  |  | (1,969 | )
Long-term debt |  |  | (65,776 | )
Other noncurrent liabilities |  |  | (6,318 | )
Total liabilities assumed |  |  | (80,185 | )
Total net assets acquired |  | $ | 110,348 |
Schedule of unaudited pro forma combined financial information | The following table presents unaudited pro forma combined financial information as if the aforementioned acquisition had occurred on September 26, 2021, the first day of the Partnership’s 2022 fiscal year:
|  | Three Months Ended |  |  | Nine Months Ended |
|  | June 24, |  |  | June 25, |  |  | June 24, |  |  | June 25, |
|  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
Revenues |  | $ | 278,628 |  |  | $ | 306,326 |  |  | $ | 1,206,529 |  |  | $ | 1,277,522 |
Net income |  |  | (5,261 | ) |  |  | (4,962 | ) |  |  | 134,531 |  |  |  | 176,494 |

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- Definition Tabular disclosure of the nature and amount of any material, nonrecurring adjustments directly attributable to the business combination(s) included in the reported pro forma revenue and earnings (supplemental pro forma information). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (h)(4) -SubTopic 10 -Topic 805 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479328/805-10-50-2 + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Paragraph 1 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479907/805-20-50-1 + Details
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