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<div align="left"><div align="left"><div align="left"><div align="left"><p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">U.S. Premium Beef (USPB
or the Company) was formed as a closed marketing cooperative on July 1, 1996. Its mission is to increase the quality of beef and
long-term profitability of cattle producers by creating a fully integrated producer-owned beef processing system that is a global
supplier of high quality, value-added beef products responsive to consumer desires. USPB operates an integrated cattle processing
and beef marketing enterprise where consumer and processor demands and requirements are implemented through changes in genetics,
feeding, and management. USPB’s unitholders benefit from its supplier alliance with National Beef Packing Company, LLC (NBP)
through (i) premiums received in excess of cash market prices for higher quality cattle, (ii) allocations of profits and potential
distributions, (iii) potential unit price appreciation, and (iv) information that permits unitholders to make informed production
decisions.</font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">On August 18, 2004, the
shareholders of U.S. Premium Beef, Ltd. approved the conversion of the cooperative into a Delaware LLC.</font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">On December 5, 2011,
USPB entered into a Membership Interest Purchase Agreement with Leucadia National Corporation (Leucadia). The Purchase Agreement
provided for Leucadia to purchase 56.2415% of the membership interests in NBP (National Interests) from the Company for approximately
$646.8 million. The Leucadia Transaction closed on December 30, 2011. Following the close, USPB owned 15.0729% of NBP’s
membership interests.</font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">As a result of the sale
to Leucadia, USPB’s investment in NBP will be accounted for using the equity method of accounting as the Company has the
ability to exercise significant influence, but does not have financial or operational control.</font></p>
<p style="text-align: left"><font style="font: 8pt Times New Roman"><b><i>Ownership Structure</i></b></font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">As USPB is structured
as a Limited Liability Company, its members are not personally liable for liabilities of USPB. USPB’s members are taxed on
their proportionate share of USPB’s taxable income.</font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman"><i>Class A Units</i>.
There are 735,385 Class A units outstanding. Class A unitholders are allocated 10% of the Company’s profits and losses. Holders
of USPB Class A units, committed under Uniform Cattle Delivery and Marketing Agreements, have the right and obligation to deliver
one head of cattle to USPB annually for each unit held.</font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman"><i>Class B Units. </i>
There are 755,385 Class B units outstanding. Class B unitholders are allocated 90% of the Company’s profits and losses. Holders
of USPB Class B units have no cattle delivery commitment.</font></p></div></div></div></div>
<p style="text-align: left"><font style="font: 8pt Times New Roman"><b><i>Basis of Presentation</i></b></font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">USPB’s investment
in NBP is accounted for using the equity method of accounting as the Company has the ability to exercise significant influence,
but does not have financial or operational control.</font></p>
<p style="text-align: left"><font style="font: 8pt Times New Roman"><b><i>Fiscal Year</i></b></font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">The Company’s fiscal
year ends on the last Saturday in December. The Company files annual reports for each 52 week or 53 week period ended on the last
Saturday in December.</font></p>
<p style="text-align: left"><font style="font: 8pt Times New Roman"><b><i>Use of Estimates</i></b></font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">The financial statements
have been prepared in conformity with accounting principles generally accepted in the United States of America, using management’s
best estimates and judgments where appropriate. These estimates and judgments affect the reported amounts of assets and liabilities
at the date of the financial statements. The estimates and judgments will also affect the reported amounts for certain revenues
and expenses during the reporting period. Actual results could differ materially from these estimates and judgments.</font></p>
<p style="text-align: left"><font style="font: 8pt Times New Roman"><b><i>Cash and Cash Equivalents</i></b></font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">The Company considers
all highly liquid investments with an original maturity of three months or less to be cash equivalents.</font></p>
<p style="text-align: left"><font style="font: 8pt Times New Roman"><b><i>Investment in National Beef Packing
Company, LLC</i></b></font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">USPB’s 15.0729%
investment in NBP accounted for using the equity method of accounting as the Company has the ability to exercise significant influence,
but does not have financial or operational control.</font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">For fiscal years 2017
and 2016, USPB conducted an evaluation to determine if its investment in NBP was impaired as of the end of the fiscal year in
accordance with Auditing Standards Codification (ASC) 323 <i>Investments Equity Method and Joint Ventures</i>. The evaluation
included both quantitative and qualitative factors. The quantitative approach computed the fair value of the investment using
market based and discounted cash flow valuation approaches, and resulted in a fair value that exceeded the carrying value. As
a result of the analysis, USPB concluded that the carrying value of its investment in NBP was not impaired as of December 30,
2017 and December 31, 2016.</font></p>
<p style="text-align: left"><font style="font: 8pt Times New Roman"><b><i>Property, Plant, and Equipment</i></b></font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">Property, plant, and
equipment are recorded at cost. Property, plant, and equipment are depreciated principally on a straight-line basis over the estimated
useful life (based upon original acquisition date) of the individual asset by major asset class as follows:</font></p>
<table border="0" cellspacing="0" style="width: 50%"> <tr><td style="width: 68%; height: 22px"><font style="font: 8pt Times New Roman">Buildings and improvements</font></td>
<td style="width: 31%; height: 22px"><p style="text-align: right"><font style="font: 8pt Times New Roman">15 to 25 years</font></p></td>
</tr>
<tr style="vertical-align: top">
<td style="width: 68%; background-color: #CCFFFF"><p><font style="font: 8pt Times New Roman">Machinery and equipment  </font></p></td>
<td style="width: 31%; background-color: #CCFFFF"><p style="text-align: right"><font style="font: 8pt Times New Roman">2 to 15 years </font></p></td>
</tr>
<tr style="vertical-align: top">
<td style="width: 68%"><font style="font: 8pt Times New Roman">Furniture and fixtures</font></td>
<td colspan="1" style="width: 31%"><p style="text-align: right"><font style="font: 8pt Times New Roman">3 to 5 years</font></p></td>
</tr>
<tr style="vertical-align: top">
<td style="width: 68%; background-color: #CCFFFF"><font style="font: 8pt Times New Roman">Trailers and automotive equipment</font></td>
<td style="width: 31%; background-color: #CCFFFF"><p style="text-align: right"><font style="font: 8pt Times New Roman">2 to 4 years</font></p></td>
</tr>
</table>
<p style="margin: 0px"><font style="font-size: 8pt"> </font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">Upon disposition of these
assets, any resulting gain or loss is included in other, net. Normal repairs and maintenance costs are charged to Selling, general
and administrative expenses, as incurred.</font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">A summary of cost and
accumulated depreciation for property, plant, and equipment as of December 30, 2017 and December 31, 2016 follows (thousands of
dollars):</font></p>
<table border="0" cellspacing="0" style="height: 152px; width: 75%; border-bottom-width: 0px">
<tr style="vertical-align: bottom"><td style="text-align: left"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: center"><font style="font: 8pt Times New Roman"><b>December 30, 2017</b> </font></td>
<td style="text-align: center"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: center"><font style="font: 8pt Times New Roman"><b>December 31, 2016</b> </font></td>
</tr>
<tr style="vertical-align: bottom">
<td style="background-color: #ccffff; text-align: left"><font style="font: 8pt Times New Roman">Machinery and equipment </font></td>
<td style="background-color: #ccffff; text-align: left; text-indent: 3.12pt"><font style="font: 8pt Times New Roman">$ </font></td>
<td style="background-color: #ccffff; text-align: right"><font style="font: 8pt Times New Roman">24 </font></td>
<td style="background-color: #ccffff"><font style="font-size: 8pt"> </font></td>
<td style="background-color: #ccffff; text-align: left; text-indent: 3.11pt"><font style="font: 8pt Times New Roman">$ </font></td>
<td style="background-color: #ccffff; text-align: right"><font style="font: 8pt Times New Roman">24 </font></td>
</tr>
<tr style="vertical-align: bottom">
<td style="text-align: left"><font style="font: 8pt Times New Roman">Furniture and fixtures </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font: 8pt Times New Roman">140 </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font: 8pt Times New Roman">140 </font></td>
</tr>
<tr style="vertical-align: bottom">
<td style="background-color: #ccffff; text-align: left"><font style="font: 8pt Times New Roman">Trailers and automotive equipment </font></td>
<td style="background-color: #ccffff; text-align: left; border-bottom: #000000 1px solid"><font style="font-size: 8pt"> </font></td>
<td style="background-color: #ccffff; text-align: right; border-bottom: #000000 1px solid"><font style="font: 8pt Times New Roman">59 </font></td>
<td style="background-color: #ccffff; border-bottom: #000000 medium none"><font style="font-size: 8pt"> </font></td>
<td style="background-color: #ccffff; text-align: left; border-bottom: #000000 1px solid"><font style="font-size: 8pt"> </font></td>
<td style="background-color: #ccffff; text-align: right; border-bottom: #000000 1px solid"><font style="font: 8pt Times New Roman">59 </font></td>
</tr>
<tr style="vertical-align: bottom">
<td style="text-align: left; text-indent: 9.96pt"><font style="font: 8pt Times New Roman">Total property, plant,
and equipment, at cost </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font: 8pt Times New Roman">223 </font></td>
<td style="border-top-style: none; border-top-width: medium"><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font: 8pt Times New Roman">223 </font></td>
</tr>
<tr style="vertical-align: bottom">
<td style="background-color: #ccffff; text-align: left"><font style="font: 8pt Times New Roman">Accumulated depreciation </font></td>
<td style="background-color: #ccffff; text-align: left; border-bottom: #000000 1px solid"><font style="font-size: 8pt"> </font></td>
<td style="background-color: #ccffff; text-align: right; border-bottom: #000000 1px solid"><font style="font: 8pt Times New Roman">201 </font></td>
<td style="background-color: #ccffff; border-bottom: #000000 medium none"><font style="font-size: 8pt"> </font></td>
<td style="background-color: #ccffff; text-align: left; border-bottom: #000000 1px solid"><font style="font-size: 8pt"> </font></td>
<td style="background-color: #ccffff; text-align: right; border-bottom: #000000 1px solid"><font style="font: 8pt Times New Roman">188 </font></td>
</tr>
<tr style="vertical-align: bottom">
<td style="text-align: left; border-bottom: #000000 medium none; text-indent: 9.96pt"><font style="font: 8pt Times New Roman">Property,
plant, and equipment, net </font></td>
<td style="text-align: left; border-bottom: #000000 3px double; text-indent: 3.12pt"><font style="font: 8pt Times New Roman">$ </font></td>
<td style="text-align: right; border-bottom: #000000 3px double"><font style="font: 8pt Times New Roman">22 </font></td>
<td style="border-top-style: none; border-top-width: medium; border-bottom: #000000 medium none"><font style="font-size: 8pt"> </font></td>
<td style="text-align: left; border-bottom: #000000 3px double; text-indent: 3.11pt"><font style="font: 8pt Times New Roman">$ </font></td>
<td style="text-align: right; border-bottom: #000000 3px double"><font style="font: 8pt Times New Roman">35 </font></td></tr></table>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman"></font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">Depreciation expense was immaterial for fiscal years ended December 30, 2017 and December 31, 2016.</font></p>
<p style="text-align: left"><font style="font: 8pt Times New Roman"><b><i>New Accounting Standard</i></b></font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">In February 2016, the
FASB issued ASU No. 2016-02, Leases, which requires an entity that is a lessee to record a right-of-use asset and a lease liability
for lease payments on the balance sheet for all leases with terms longer than 12 months. Leases will be classified as either finance
or operating, with classification affecting the pattern of expense recognition in the income statement. The new guidance is effective
for interim and annual periods beginning after December 15, 2018, and is required to be applied using a modified retrospective
approach. USPB plans to adopt the new guidance on January 1, 2019. USPB expects that the new guidance will affect the balance
sheet by increasing the assets and liabilities recorded related to operating leases and continue to evaluate the effect that ASU
No. 2016-02 will have on the income statement, statement of cash flows and related disclosures.</font></p>
<p style="text-align: left"><font style="font: 8pt Times New Roman"><b><i>Overdraft Balances</i></b></font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">USPB utilizes a controlled
disbursement account to fund cash distribution checks presented for payment by the holder. Checks issued pending clearance that
result in overdraft balances for accounting purposes are included in patronage notices payable and distributions payable and the
change in the related balances are reflected in financing activities on the statement of cash flows. Overdraft balances totaled
$27.1 million and $1.1 million as of December 30, 2017 and December 31, 2016, respectively.</font></p>
<p style="text-align: left"><font style="font: 8pt Times New Roman"><b><i>Income Taxes</i></b></font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">Effective August 29,
2004, the Company converted to an LLC, and under this structure, taxes are not provided at the Company level because the results
of operations are included in the taxable income of the individual members.</font></p>
<p style="text-align: left"><font style="font: 8pt Times New Roman"><b><i>Selling, General, and Administrative</i></b></font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">Selling expenses consist
primarily of salaries, bonuses, phantom unit option expense, trade promotions, advertising, commissions and other marketing costs.
General and administrative costs consist primarily of general management, insurance and professional expenses.</font></p>
<p style="text-align: left"><font style="font: 8pt Times New Roman"><b><i>Noncompetition Payments</i></b></font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">The former CEO’s
employment agreement provided for him to receive noncompetition payments in connection with the Leucadia Transaction. During fiscal
years 2017 and 2016, the former CEO was paid $853,263 and $852,948, respectively, in noncompetition payments. He will
continue to receive noncompetition payments of approximately $850,000 per year during calendar years 2018 through 2021.</font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">The current CEO’s
employment agreement provides for him to receive noncompetition payments for a twelve month period following his termination of
employment with USPB.</font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">As of December 30, 2017
and December 31, 2016, the Company had accrued $3.4 million and $4.1 million, respectively, for the noncompetition agreements.
The current and long-term portion of the accrued amounts are included in Accrued compensation and benefits and Other liabilities,
respectively, on the balance sheet.</font></p>
<p style="text-align: left"><font style="font: 8pt Times New Roman"><b><i>Business Segments</i></b></font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">USPB is not organized
by multiple operating segments for the purpose of making operating decisions or assessing performance. Accordingly, USPB has one
reportable segment.</font></p>
<p style="text-align: left"><font style="font: 8pt Times New Roman"><b><i>Earnings Per Unit</i></b></font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">Under the LLC structure,
earnings of the Company are to be distributed to unitholders based on their proportionate share of underlying equity, and, as
a result, earnings per unit (EPU) has been presented in the accompanying Statement of Operations and in the table that follows.</font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">Basic EPU excludes dilution
and is computed by first allocating 10% of net income or loss attributable to USPB to Class A units and the remaining 90% is allocated
to Class B units. Net income or loss allocated to the Class A and Class B units is then divided by the weighted-average number
of Class A and Class B units outstanding for the period to determine the basic EPU for each respective class of unit.</font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">Diluted EPU reflects
the potential dilution that could occur to the extent that any outstanding dilutive Class A or Class B units were exercised. There
are no potentially dilutive Class A or Class B units outstanding.</font></p>
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 80%">
<tr style="vertical-align: bottom">
<td style="font: bold 8pt Times New Roman; text-align: left; padding-left: 20pt">Income (Loss) Per Unit Calculation</td><td style="font: bold 8pt Times New Roman"> </td>
<td colspan="2" style="font: bold 8pt Times New Roman; text-align: center">52 weeks ended</td><td style="font: bold 8pt Times New Roman"> </td><td style="font: bold 8pt Times New Roman"> </td>
<td colspan="2" style="font: bold 8pt Times New Roman; text-align: center">53 weeks ended</td><td style="font: bold 8pt Times New Roman"> </td><td style="font: bold 8pt Times New Roman"> </td>
<td colspan="2" style="font: bold 8pt Times New Roman; text-align: center">52 weeks ended</td><td style="font: bold 8pt Times New Roman"> </td></tr>
<tr style="vertical-align: bottom">
<td style="font: 8pt Times New Roman; text-align: left; padding-bottom: 1pt; padding-left: 20pt">(thousands of dollars, except unit and per unit data)</td><td style="font: bold 8pt Times New Roman; padding-bottom: 1pt"> </td>
<td colspan="2" style="font: bold 8pt Times New Roman; text-align: center; border-bottom: Black 1pt solid">December 30, 2017</td><td style="padding-bottom: 1pt; font: bold 8pt Times New Roman"> </td><td style="font: bold 8pt Times New Roman; padding-bottom: 1pt"> </td>
<td colspan="2" style="font: bold 8pt Times New Roman; text-align: center; border-bottom: Black 1pt solid">December 31, 2016</td><td style="padding-bottom: 1pt; font: bold 8pt Times New Roman"> </td><td style="font: bold 8pt Times New Roman; padding-bottom: 1pt"> </td>
<td colspan="2" style="font: bold 8pt Times New Roman; text-align: center; border-bottom: Black 1pt solid">December 26, 2015</td><td style="padding-bottom: 1pt; font: bold 8pt Times New Roman"> </td></tr>
<tr style="vertical-align: bottom">
<td colspan="13" style="font-size: 8pt"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(205,255,255)">
<td style="font: bold 8pt Times New Roman; text-align: left; text-indent: 28.14pt">Basic and diluted earnings per unit:</td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="font: 8pt Times New Roman; text-align: left; text-indent: 28.14pt">Income (loss) attributable to USPB available to</td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(205,255,255)">
<td style="font: 8pt Times New Roman; text-align: left; text-indent: 34.08pt">unitholders (numerator)</td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="width: 32%; font: 8pt Times New Roman; text-align: left; padding-left: 40pt">Class A</td><td style="width: 2%; font: 8pt Times New Roman"> </td>
<td style="width: 1%; font: 8pt Times New Roman; text-align: left">$</td><td style="width: 12%; font: 8pt Times New Roman; text-align: right">5,748</td><td style="width: 1%; font: 8pt Times New Roman; text-align: left"> </td><td style="width: 2%; font: 8pt Times New Roman"> </td>
<td style="width: 1%; font: 8pt Times New Roman; text-align: left">$</td><td style="width: 12%; font: 8pt Times New Roman; text-align: right">4,637</td><td style="width: 1%; font: 8pt Times New Roman; text-align: left"> </td><td style="width: 2%; font: 8pt Times New Roman"> </td>
<td style="width: 1%; font: 8pt Times New Roman; text-align: left">$</td><td style="width: 12%; font: 8pt Times New Roman; text-align: right">(2,132</td><td style="width: 1%; font: 8pt Times New Roman; text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: rgb(205,255,255)">
<td style="font: 8pt Times New Roman; text-align: left; padding-left: 40pt">Class B</td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left">$</td><td style="font: 8pt Times New Roman; text-align: right">51,733</td><td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left">$</td><td style="font: 8pt Times New Roman; text-align: right">41,731</td><td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left">$</td><td style="font: 8pt Times New Roman; text-align: right">(19,184</td><td style="font: 8pt Times New Roman; text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="font-size: 8pt"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(205,255,255)">
<td style="font: 8pt Times New Roman; text-align: left; text-indent: 28.13pt">Weighted average outstanding units (denominator)</td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="font: 8pt Times New Roman; text-align: left; padding-left: 40pt">Class A</td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; text-align: right">735,385</td><td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; text-align: right">735,385</td><td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; text-align: right">735,385</td><td style="font: 8pt Times New Roman; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(205,255,255)">
<td style="font: 8pt Times New Roman; text-align: left; padding-left: 40pt">Class B</td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; text-align: right">755,385</td><td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; text-align: right">755,385</td><td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; text-align: right">755,385</td><td style="font: 8pt Times New Roman; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="font-size: 8pt"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(205,255,255)">
<td style="font: 8pt Times New Roman; text-align: left; text-indent: 28.13pt">Per unit amount</td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="font: 8pt Times New Roman; text-align: left; padding-left: 40pt">Class A</td><td style="font: 8pt Times New Roman; padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: right">7.82</td><td style="padding-bottom: 2.5pt; font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: right">6.31</td><td style="padding-bottom: 2.5pt; font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: right">(2.90</td><td style="padding-bottom: 2.5pt; font: 8pt Times New Roman; text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: rgb(205,255,255)">
<td style="font: 8pt Times New Roman; text-align: left; padding-left: 40pt">Class B</td><td style="font: 8pt Times New Roman; padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: right">68.49</td><td style="padding-bottom: 2.5pt; font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: right">55.24</td><td style="padding-bottom: 2.5pt; font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: right">(25.40</td><td style="padding-bottom: 2.5pt; font: 8pt Times New Roman; text-align: left">)</td></tr>
</table>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman"> </font></p>
<div align="left"><div align="left"><div align="left"><div align="left"><div align="left"><div align="left"><p style="margin: 0px"><font style="font: 8pt Times New Roman"><b>(a)</b> <b><i>        
Master Loan Agreement</i></b> </font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">On June 13, 2017, USPB
and CoBank entered into a Revolving Term Loan Supplement to the Master Loan Agreement dated July 26, 2011. The Revolving Term
Loan Supplement provides for a $5 million revolving credit commitment. The new commitment carries a term of three years, maturing
on June 30, 2020. The Pledge Agreement provides CoBank with a first-priority security interest in USPB’s membership interests
in, and distributions from, NBP.</font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">All of the $5 million
revolving credit commitment was available as of December 30, 2017. Borrowings under the revolving credit commitment bear interest
at the base rate or LIBOR rate plus applicable margin.</font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">On December 30, 2011,
in connection with the closing of the transaction with Leucadia, the Company and CoBank entered into the Consent and First Amendment
to Pledge Agreement and Security Agreement, by which CoBank agreed to (i) consent to the Membership Interest Sale and the PA Distribution,
(ii) release its security interest in, and liens on, the Membership Interests being sold pursuant to the Membership Interest Sale,
(iii) consent to the NBP Pledge and (iv) consent to the amendments and restatements of the NBP Operating Agreement and the PA
Newco Operating Agreement. The NBP Pledge grants NBP a perfected security interest in and to USPB’s membership interests
in, and distributions from, NBP, subject only to the prior first priority security interest held by CoBank.</font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">The Company was in compliance with the
Master Loan Agreement’s Net Worth covenant as of December 30, 2017.</font></p>
<p style="text-align: left"><font style="font: 8pt Times New Roman"><b>(b)          
<i>Capital and Operating Leases</i></b></font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">USPB leases its office
space in Kansas City, Missouri and Dodge City Kansas. Rent expense associated with operating leases was $0.1 million for fiscal
years 2017, 2016, and 2015. USPB expects that it will renew lease agreements or enter into new leases as the existing leases expire.</font></p></div></div></div></div></div></div>
<div align="left"><div align="left"><div align="left"><div align="left"><div align="left"><div align="left"><p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">In September 2010, USPB’s
Board of Directors approved a management phantom unit plan. The phantom unit plan provides for the award of unit appreciation
rights to management employees of USPB. USPB’s CEO administers the phantom unit plan and awards “Phantom Units”
(Class A and Class B Units) to employees in amounts determined by the CEO, subject to the total Phantom Unit amount approved by
the Board of Directors of USPB. A total of 5,000 Class A phantom units and 5,000 Class B phantom units were awarded to management
employees, with a strike price of $118 and $157, respectively. The closing of the Leucadia Transaction resulted in management
employees receiving a payment under the management phantom unit plan. As a result of that payment, the strike price for both the
Class A phantom units and Class B phantom units was satisfied and is now $0. As a result of the retirement of one of USPB’s
employees on December 31, 2014, 50 Class A phantom units and 50 Class B phantom units were forfeited as they were not vested.
One third of the retiring employee’s vested phantom units will be exercised and the appreciation rights paid in three tranches
(retirement, and first and second anniversary of retirement). At the end of fiscal year 2017, 4,750 Class A phantom units and
4,750 Class B phantom units remain outstanding. The phantom units became fully vested in August 2015. For the management phantom
unit plan, compensation expense of $0.3 million, $0.2 million, and $0.0 million was recognized in fiscal years 2017,
2016 and 2015, respectively.</font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">On November 16, 2012,
USPB’s Board of Directors approved the issuance of an additional 1,500 Class A phantom units, with a strike price of $66.04
and 1,500 Class B phantom units, with a strike price of $73.70, to certain members of management, to be effective on January
28, 2013. These phantom units will vest over a five year period. Compensation expense of $0.1 million, $0.0 million and
$0.0 million was recognized in fiscal years 2017, 2016, and 2015, respectively.</font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">The Company maintains
a tax-qualified employee savings and retirement plan (401(k) Plan) covering the Company’s non-union employees. Pursuant to
the 401(k) Plan, eligible employees may elect to reduce their current compensation by up to the lesser of 75% of their annual
compensation or the statutorily prescribed annual limit and have the amount of such reduction contributed to the 401(k) Plan.
The 401(k) Plan provides for additional matching contributions by the Company, based on specific terms contained in the 401(k)
Plan. The trustee of the 401(k) Plan, at the direction of each participant, invests the assets of the 401(k) Plan in designated
investment options. The 401(k) Plan is intended to qualify under Section 401 of the Internal Revenue Code. Expenses related to
the 401(k) Plan totaled approximately $0.1 million, $0.0 million, and $0.0 million for fiscal years 2017, 2016, and
2015, respectively.</font></p></div></div></div></div></div></div>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">Other non-operating income,
net was $0.1 million, $0.7 million, and $0.0 million for fiscal years 2017, 2016, and 2015, respectively. Other non-operating
income primarily includes income related to lease income on additional delivery rights made available by the Company.</font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">USPB is structured as
an LLC and is taxed as a partnership for federal income tax purposes. As a result, its taxable income/loss are passed through
to the unitholders at the end of each tax year. Certain states assess an entity level tax, which is paid by USPB. Such taxes are
generally immaterial, and the current provision in tax years 2017, 2016, and 2015 was $0.0 million.</font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">All of the Company’s
directors hold Class A units of the Company. By virtue of their ownership of the units, each of these individuals is obligated
to deliver cattle to the Company. The amount and terms of the payments received by these individuals (or the entities they represent)
for the delivery of cattle are made on exactly the same basis as those received by other unitholders of the Company for the delivery
of their cattle.</font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">On December 30, 2011,
USPB entered into a new Cattle Purchase and Sale Agreement with NBP. Per the terms and conditions of the Agreement, NBP is required
to purchase through USPB from its members, and USPB is required to cause to be sold and delivered from its members to NBP, a base
amount of 735,385 (subject to adjustment) head of cattle per year. The purchase price for the cattle is determined by pricing
grids, which, at all times, are required to be no less favorable than any other pricing grid being utilized by NBP and the pricing
grid shall be competitive with NBP’s major competitors for the purchase of cattle. NBP believes the pricing grids are based
on terms that could be obtained from an unaffiliated party. The cattle supply agreement extends through December 30, 2022, with
automatic, but optional one year extensions on each December 30, unless either party provides a notice not to extend sixty days
prior to the annual anniversary date. Neither party provided sixty day notice prior to December 30, 2017, the current year annual
anniversary date. NBP also purchased additional cattle from certain USPB members and associates outside of the cattle supply agreement.</font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">USPB facilitates the
delivery of cattle owned by its unitholders and associates to NBP. During fiscal years 2017, 2016, and 2015, USPB’s members
and associates provided approximately 24%, 27%, and 28%, respectively, of NBP’s total cattle requirements.</font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">At December 30, 2017
and December 31, 2016, the Company had receivables from unitholders and associates in the amount of $0.1 million and $0.0
million, respectively.</font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">At December 30, 2017
and December 31, 2016, the Company had payables to unitholders and associates in the amount of $28.7 million and $1.3
million, respectively.</font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">As of December 30, 2017,
USPB was not a party to any lawsuit or claim arising out of the operation of its business.</font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">On
February 27, 2018, USPB paid a $24.4 million cash distribution to its members.</font></p>
<p style="text-align: left"><font style="font: 8pt Times New Roman"><b><i>Basis of Presentation</i></b></font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">USPB’s investment
in NBP is accounted for using the equity method of accounting as the Company has the ability to exercise significant influence,
but does not have financial or operational control.</font></p>
<p style="text-align: left"><font style="font: 8pt Times New Roman"><b><i>Fiscal Year</i></b></font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">The Company’s fiscal
year ends on the last Saturday in December. The Company files annual reports for each 52 week or 53 week period ended on the last
Saturday in December.</font></p>
<div align="left"><div align="left"><div align="left"><div align="left"><p style="text-align: left"><font style="font: 8pt Times New Roman"><b><i>Use of Estimates</i></b></font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">The financial statements
have been prepared in conformity with accounting principles generally accepted in the United States of America, using management’s
best estimates and judgments where appropriate. These estimates and judgments affect the reported amounts of assets and liabilities
at the date of the financial statements. The estimates and judgments will also affect the reported amounts for certain revenues
and expenses during the reporting period. Actual results could differ materially from these estimates and judgments.</font></p>
</div></div></div></div>
<div align="left"><div align="left"><div align="left"><div align="left"><p style="text-align: left"><font style="font: 8pt Times New Roman"><b><i>Cash and Cash Equivalents</i></b></font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">The Company considers
all highly liquid investments with an original maturity of three months or less to be cash equivalents.</font></p></div></div></div></div>
<div align="left"><div align="left"><div align="left"><div align="left"><p style="text-align: left"><font style="font: 8pt Times New Roman"><b><i>Investment in National Beef Packing
Company, LLC</i></b></font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">USPB’s 15.0729%
investment in NBP accounted for using the equity method of accounting as the Company has the ability to exercise significant influence,
but does not have financial or operational control.</font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">For fiscal years 2017
and 2016, USPB conducted an evaluation to determine if its investment in NBP was impaired as of the end of the fiscal year in
accordance with Auditing Standards Codification (ASC) 323 <i>Investments Equity Method and Joint Ventures</i>. The evaluation
included both quantitative and qualitative factors. The quantitative approach computed the fair value of the investment using
market based and discounted cash flow valuation approaches, and resulted in a fair value that exceeded the carrying value. As
a result of the analysis, USPB concluded that the carrying value of its investment in NBP was not impaired as of December 30,
2017 and December 31, 2016.</font></p></div></div></div></div>
<p style="text-align: left"><font style="font: 8pt Times New Roman"><b><i>Property, Plant, and Equipment</i></b></font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">Property, plant, and
equipment are recorded at cost. Property, plant, and equipment are depreciated principally on a straight-line basis over the estimated
useful life (based upon original acquisition date) of the individual asset by major asset class as follows:</font></p>
<table border="0" cellspacing="0" style="width: 50%"> <tr><td style="width: 68%; height: 22px"><font style="font: 8pt Times New Roman">Buildings and improvements</font></td>
<td style="width: 31%; height: 22px"><p style="text-align: right"><font style="font: 8pt Times New Roman">15 to 25 years</font></p></td>
</tr>
<tr style="vertical-align: top">
<td style="width: 68%; background-color: #CCFFFF"><p><font style="font: 8pt Times New Roman">Machinery and equipment  </font></p></td>
<td style="width: 31%; background-color: #CCFFFF"><p style="text-align: right"><font style="font: 8pt Times New Roman"> 2 to 15 years  </font></p></td>
</tr>
<tr style="vertical-align: top">
<td style="width: 68%"><font style="font: 8pt Times New Roman">Furniture and fixtures</font></td>
<td colspan="1" style="width: 31%"><p style="text-align: right"><font style="font: 8pt Times New Roman">3 to 5 years</font></p></td>
</tr>
<tr style="vertical-align: top">
<td style="width: 68%; background-color: #CCFFFF"><font style="font: 8pt Times New Roman">Trailers and automotive equipment</font></td>
<td style="width: 31%; background-color: #CCFFFF"><p style="text-align: right"><font style="font: 8pt Times New Roman">2 to 4 years</font></p></td>
</tr>
</table>
<p style="margin: 0px"><font style="font-size: 8pt"> </font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">Upon disposition of these
assets, any resulting gain or loss is included in other, net. Normal repairs and maintenance costs are charged to Selling, general
and administrative expenses, as incurred.</font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">A summary of cost and
accumulated depreciation for property, plant, and equipment as of December 30, 2017 and December 31, 2016 follows (thousands of
dollars):</font></p>
<table border="0" cellspacing="0" style="height: 152px; width: 75%; border-bottom-width: 0px">
<tr style="vertical-align: bottom"><td style="text-align: left"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: center"><font style="font: 8pt Times New Roman"><b>December 30, 2017</b> </font></td>
<td style="text-align: center"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: center"><font style="font: 8pt Times New Roman"><b>December 31, 2016</b> </font></td>
</tr>
<tr style="vertical-align: bottom">
<td style="background-color: #ccffff; text-align: left"><font style="font: 8pt Times New Roman">Machinery and equipment </font></td>
<td style="background-color: #ccffff; text-align: left; text-indent: 3.12pt"><font style="font: 8pt Times New Roman">$ </font></td>
<td style="background-color: #ccffff; text-align: right"><font style="font: 8pt Times New Roman">24 </font></td>
<td style="background-color: #ccffff"><font style="font-size: 8pt"> </font></td>
<td style="background-color: #ccffff; text-align: left; text-indent: 3.11pt"><font style="font: 8pt Times New Roman">$ </font></td>
<td style="background-color: #ccffff; text-align: right"><font style="font: 8pt Times New Roman">24 </font></td>
</tr>
<tr style="vertical-align: bottom">
<td style="text-align: left"><font style="font: 8pt Times New Roman">Furniture and fixtures </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font: 8pt Times New Roman">140 </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font: 8pt Times New Roman">140 </font></td>
</tr>
<tr style="vertical-align: bottom">
<td style="background-color: #ccffff; text-align: left"><font style="font: 8pt Times New Roman">Trailers and automotive equipment </font></td>
<td style="background-color: #ccffff; text-align: left; border-bottom: #000000 1px solid"><font style="font-size: 8pt"> </font></td>
<td style="background-color: #ccffff; text-align: right; border-bottom: #000000 1px solid"><font style="font: 8pt Times New Roman">59 </font></td>
<td style="background-color: #ccffff; border-bottom: #000000 medium none"><font style="font-size: 8pt"> </font></td>
<td style="background-color: #ccffff; text-align: left; border-bottom: #000000 1px solid"><font style="font-size: 8pt"> </font></td>
<td style="background-color: #ccffff; text-align: right; border-bottom: #000000 1px solid"><font style="font: 8pt Times New Roman">59 </font></td>
</tr>
<tr style="vertical-align: bottom">
<td style="text-align: left; text-indent: 9.96pt"><font style="font: 8pt Times New Roman">Total property, plant,
and equipment, at cost </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font: 8pt Times New Roman">223 </font></td>
<td style="border-top-style: none; border-top-width: medium"><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font: 8pt Times New Roman">223 </font></td>
</tr>
<tr style="vertical-align: bottom">
<td style="background-color: #ccffff; text-align: left"><font style="font: 8pt Times New Roman">Accumulated depreciation </font></td>
<td style="background-color: #ccffff; text-align: left; border-bottom: #000000 1px solid"><font style="font-size: 8pt"> </font></td>
<td style="background-color: #ccffff; text-align: right; border-bottom: #000000 1px solid"><font style="font: 8pt Times New Roman">201 </font></td>
<td style="background-color: #ccffff; border-bottom: #000000 medium none"><font style="font-size: 8pt"> </font></td>
<td style="background-color: #ccffff; text-align: left; border-bottom: #000000 1px solid"><font style="font-size: 8pt"> </font></td>
<td style="background-color: #ccffff; text-align: right; border-bottom: #000000 1px solid"><font style="font: 8pt Times New Roman">188 </font></td>
</tr>
<tr style="vertical-align: bottom">
<td style="text-align: left; border-bottom: #000000 medium none; text-indent: 9.96pt"><font style="font: 8pt Times New Roman">Property,
plant, and equipment, net </font></td>
<td style="text-align: left; border-bottom: #000000 3px double; text-indent: 3.12pt"><font style="font: 8pt Times New Roman">$ </font></td>
<td style="text-align: right; border-bottom: #000000 3px double"><font style="font: 8pt Times New Roman">22 </font></td>
<td style="border-top-style: none; border-top-width: medium; border-bottom: #000000 medium none"><font style="font-size: 8pt"> </font></td>
<td style="text-align: left; border-bottom: #000000 3px double; text-indent: 3.11pt"><font style="font: 8pt Times New Roman">$ </font></td>
<td style="text-align: right; border-bottom: #000000 3px double"><font style="font: 8pt Times New Roman">35 </font></td></tr></table>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">Depreciation expense
was immaterial for fiscal years ended December 30, 2017 and December 31, 2016.</font></p>
<div align="left"><div align="left"><div align="left"><div align="left"><div align="left"><p style="text-align: left"><font style="font: 8pt Times New Roman"><b><i>New Accounting Standard</i></b></font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">In February 2016, the
FASB issued ASU No. 2016-02, Leases, which requires an entity that is a lessee to record a right-of-use asset and a lease liability
for lease payments on the balance sheet for all leases with terms longer than 12 months. Leases will be classified as either finance
or operating, with classification affecting the pattern of expense recognition in the income statement. The new guidance is effective
for interim and annual periods beginning after December 15, 2018, and is required to be applied using a modified retrospective
approach. USPB plans to adopt the new guidance on January 1, 2019. USPB expects that the new guidance will affect the balance
sheet by increasing the assets and liabilities recorded related to operating leases and continue to evaluate the effect that ASU
No. 2016-02 will have on the income statement, statement of cash flows and related disclosures.</font></p></div></div></div></div></div>
<div align="left"><div align="left"><div align="left"><div align="left"><div align="left"><p style="text-align: left"><font style="font: 8pt Times New Roman"><b><i>Overdraft Balances</i></b></font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">USPB utilizes a controlled
disbursement account to fund cash distribution checks presented for payment by the holder. Checks issued pending clearance that
result in overdraft balances for accounting purposes are included in patronage notices payable and distributions payable and the
change in the related balances are reflected in financing activities on the statement of cash flows. Overdraft balances totaled
$27.1 million and $1.1 million as of December 30, 2017 and December 31, 2016, respectively.</font></p></div></div></div></div></div>
<div align="left"><div align="left"><div align="left"><div align="left"><div align="left"><p style="text-align: left"><font style="font: 8pt Times New Roman"><b><i>Income Taxes</i></b></font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">Effective August 29,
2004, the Company converted to an LLC, and under this structure, taxes are not provided at the Company level because the results
of operations are included in the taxable income of the individual members.</font></p></div></div></div></div></div>
<div align="left"><div align="left"><div align="left"><div align="left"><div align="left"><p style="text-align: left"><font style="font: 8pt Times New Roman"><b><i>Selling, General, and Administrative</i></b></font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">Selling expenses consist
primarily of salaries, bonuses, phantom unit option expense, trade promotions, advertising, commissions and other marketing costs.
General and administrative costs consist primarily of general management, insurance and professional expenses.</font></p></div></div></div></div></div>
<div align="left"><div align="left"><div align="left"><div align="left"><div align="left"><p style="text-align: left"><font style="font: 8pt Times New Roman"><b><i>Noncompetition Payments</i></b></font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">The former CEO’s
employment agreement provided for him to receive noncompetition payments in connection with the Leucadia Transaction. During fiscal
years 2017 and 2016, the former CEO was paid $853,263 and $852,948, respectively, in noncompetition payments. He will
continue to receive noncompetition payments of approximately $850,000 per year during calendar years 2018 through 2021.</font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">The current CEO’s
employment agreement provides for him to receive noncompetition payments for a twelve month period following his termination of
employment with USPB.</font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">As of December 30, 2017
and December 31, 2016, the Company had accrued $3.4 million and $4.1 million, respectively, for the noncompetition agreements.
The current and long-term portion of the accrued amounts are included in Accrued compensation and benefits and Other liabilities,
respectively, on the balance sheet.</font></p></div></div></div></div></div>
<div align="left"><div align="left"><div align="left"><div align="left"><div align="left"><p style="text-align: left"><font style="font: 8pt Times New Roman"><b><i>Business Segments</i></b></font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">USPB is not organized
by multiple operating segments for the purpose of making operating decisions or assessing performance. Accordingly, USPB has one
reportable segment.</font></p></div></div></div></div></div>
<table border="0" cellspacing="0" style="width: 50%"> <tr><td style="width: 68%; height: 22px"><font style="font: 8pt Times New Roman">Buildings and improvements</font></td>
<td style="width: 31%; height: 22px"><p style="text-align: right"><font style="font: 8pt Times New Roman">15 to 25 years</font></p></td>
</tr>
<tr style="vertical-align: top">
<td style="width: 68%; background-color: #CCFFFF"><p><font style="font: 8pt Times New Roman">Machinery and equipment  </font></p></td>
<td style="width: 31%; background-color: #CCFFFF"><p style="text-align: right"><font style="font: 8pt Times New Roman"> 2 to 15 years  </font></p></td>
</tr>
<tr style="vertical-align: top">
<td style="width: 68%"><font style="font: 8pt Times New Roman">Furniture and fixtures</font></td>
<td colspan="1" style="width: 31%"><p style="text-align: right"><font style="font: 8pt Times New Roman">3 to 5 years</font></p></td>
</tr>
<tr style="vertical-align: top">
<td style="width: 68%; background-color: #CCFFFF"><font style="font: 8pt Times New Roman">Trailers and automotive equipment</font></td>
<td style="width: 31%; background-color: #CCFFFF"><p style="text-align: right"><font style="font: 8pt Times New Roman">2 to 4 years</font></p></td>
</tr>
</table>
<table border="0" cellspacing="0" style="width: 75%; border-bottom-width: 0px; height: 152px">
<tr style="vertical-align: bottom"><td style="text-align: left"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: center"><font style="font: 8pt Times New Roman"><b>December 30, 2017</b> </font></td>
<td style="text-align: center"><font style="font-size: 8pt"> </font></td>
<td colspan="2" style="text-align: center"><font style="font: 8pt Times New Roman"><b>December 31, 2016</b> </font></td>
</tr>
<tr style="vertical-align: bottom">
<td style="background-color: #ccffff; text-align: left"><font style="font: 8pt Times New Roman">Machinery and equipment </font></td>
<td style="background-color: #ccffff; text-align: left; text-indent: 3.12pt"><font style="font: 8pt Times New Roman">$ </font></td>
<td style="background-color: #ccffff; text-align: right"><font style="font: 8pt Times New Roman">24 </font></td>
<td style="background-color: #ccffff"><font style="font-size: 8pt"> </font></td>
<td style="background-color: #ccffff; text-align: left; text-indent: 3.11pt"><font style="font: 8pt Times New Roman">$ </font></td>
<td style="background-color: #ccffff; text-align: right"><font style="font: 8pt Times New Roman">24 </font></td>
</tr>
<tr style="vertical-align: bottom">
<td style="text-align: left"><font style="font: 8pt Times New Roman">Furniture and fixtures </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font: 8pt Times New Roman">140 </font></td>
<td><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font: 8pt Times New Roman">140 </font></td>
</tr>
<tr style="vertical-align: bottom">
<td style="background-color: #ccffff; text-align: left"><font style="font: 8pt Times New Roman">Trailers and automotive equipment </font></td>
<td style="background-color: #ccffff; text-align: left; border-bottom: #000000 1px solid"><font style="font-size: 8pt"> </font></td>
<td style="background-color: #ccffff; text-align: right; border-bottom: #000000 1px solid"><font style="font: 8pt Times New Roman">59 </font></td>
<td style="background-color: #ccffff; border-bottom: #000000 medium none"><font style="font-size: 8pt"> </font></td>
<td style="background-color: #ccffff; text-align: left; border-bottom: #000000 1px solid"><font style="font-size: 8pt"> </font></td>
<td style="background-color: #ccffff; text-align: right; border-bottom: #000000 1px solid"><font style="font: 8pt Times New Roman">59 </font></td>
</tr>
<tr style="vertical-align: bottom">
<td style="text-align: left; text-indent: 9.96pt"><font style="font: 8pt Times New Roman">Total property, plant,
and equipment, at cost </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font: 8pt Times New Roman">223 </font></td>
<td style="border-top-style: none; border-top-width: medium"><font style="font-size: 8pt"> </font></td>
<td style="text-align: left"><font style="font-size: 8pt"> </font></td>
<td style="text-align: right"><font style="font: 8pt Times New Roman">223 </font></td>
</tr>
<tr style="vertical-align: bottom">
<td style="background-color: #ccffff; text-align: left"><font style="font: 8pt Times New Roman">Accumulated depreciation </font></td>
<td style="background-color: #ccffff; text-align: left; border-bottom: #000000 1px solid"><font style="font-size: 8pt"> </font></td>
<td style="background-color: #ccffff; text-align: right; border-bottom: #000000 1px solid"><font style="font: 8pt Times New Roman">201 </font></td>
<td style="background-color: #ccffff; border-bottom: #000000 medium none"><font style="font-size: 8pt"> </font></td>
<td style="background-color: #ccffff; text-align: left; border-bottom: #000000 1px solid"><font style="font-size: 8pt"> </font></td>
<td style="background-color: #ccffff; text-align: right; border-bottom: #000000 1px solid"><font style="font: 8pt Times New Roman">188 </font></td>
</tr>
<tr style="vertical-align: bottom">
<td style="text-align: left; border-bottom: #000000 medium none; text-indent: 9.96pt"><font style="font: 8pt Times New Roman">Property,
plant, and equipment, net </font></td>
<td style="text-align: left; border-bottom: #000000 3px double; text-indent: 3.12pt"><font style="font: 8pt Times New Roman">$ </font></td>
<td style="text-align: right; border-bottom: #000000 3px double"><font style="font: 8pt Times New Roman">22 </font></td>
<td style="border-top-style: none; border-top-width: medium; border-bottom: #000000 medium none"><font style="font-size: 8pt"> </font></td>
<td style="text-align: left; border-bottom: #000000 3px double; text-indent: 3.11pt"><font style="font: 8pt Times New Roman">$ </font></td>
<td style="text-align: right; border-bottom: #000000 3px double"><font style="font: 8pt Times New Roman">35 </font></td></tr></table>
51733
5748
4637
41731
-2132
-19184
30321000
8300000
-3303000
30942000
27525000
-3819000
-27419000
-35815000
-2000
13000
13000
13000
68.49
7.82
6.31
55.24
-2.90
-25.40
755385
735385
735385
755385
735385
755385
<p style="margin: 0"></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">Selected quarterly financial
data for fiscal years 2017 and 2016 are set forth below (dollars in thousands, except per unit data):</font></p>
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%">
<tr style="vertical-align: bottom">
<td style="font-size: 8pt; text-align: left; padding-bottom: 1pt"> </td><td style="font-size: 8pt; padding-bottom: 1pt"> </td>
<td colspan="2" style="font-size: 8pt; text-align: center; padding-bottom: 1pt"> </td><td style="font-size: 8pt; padding-bottom: 1pt"> </td><td style="font: bold 8pt Times New Roman; padding-bottom: 1pt"> </td>
<td colspan="2" style="font: bold 8pt Times New Roman; text-align: center; padding-bottom: 1pt">Operating</td><td style="font: bold 8pt Times New Roman; padding-bottom: 1pt"> </td><td style="font: bold 8pt Times New Roman; padding-bottom: 1pt"> </td>
<td colspan="2" style="font: bold 8pt Times New Roman; text-align: center; padding-bottom: 1pt">Net</td><td style="font: bold 8pt Times New Roman; padding-bottom: 1pt"> </td><td style="font: bold 8pt Times New Roman; padding-bottom: 1pt"> </td>
<td colspan="6" style="font: bold 8pt Times New Roman; text-align: center; border-bottom: Black 1pt solid">Basic and Diluted Earnings Per</td><td style="font: bold 8pt Times New Roman; padding-bottom: 1pt"> </td></tr>
<tr style="vertical-align: bottom">
<td style="font-size: 8pt; text-align: left"> </td><td style="font: bold 8pt Times New Roman; padding-bottom: 1pt"> </td>
<td colspan="2" style="font: bold 8pt Times New Roman; text-align: center; border-bottom: Black 1pt solid">Net Sales</td><td style="padding-bottom: 1pt; font: bold 8pt Times New Roman"> </td><td style="font: bold 8pt Times New Roman; padding-bottom: 1pt"> </td>
<td colspan="2" style="font: bold 8pt Times New Roman; text-align: center; border-bottom: Black 1pt solid">Loss</td><td style="padding-bottom: 1pt; font: bold 8pt Times New Roman"> </td><td style="font: bold 8pt Times New Roman; padding-bottom: 1pt"> </td>
<td colspan="2" style="font: bold 8pt Times New Roman; text-align: center; border-bottom: Black 1pt solid">Income</td><td style="padding-bottom: 1pt; font: bold 8pt Times New Roman"> </td><td style="font: bold 8pt Times New Roman; padding-bottom: 1pt"> </td>
<td colspan="2" style="font: bold 8pt Times New Roman; text-align: center; border-bottom: Black 1pt solid">Class A Unit</td><td style="padding-bottom: 1pt; font: bold 8pt Times New Roman"> </td><td style="font: bold 8pt Times New Roman; padding-bottom: 1pt"> </td>
<td colspan="2" style="font: bold 8pt Times New Roman; text-align: center; border-bottom: Black 1pt solid">Class B Unit</td><td style="padding-bottom: 1pt; font: bold 8pt Times New Roman"> </td></tr>
<tr style="vertical-align: bottom">
<td style="font: 8pt Times New Roman; text-align: left">2017 quarterly results:</td><td style="font-size: 8pt"> </td>
<td colspan="2" style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt"> </td><td style="font-size: 8pt"> </td>
<td colspan="2" style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt"> </td><td style="font-size: 8pt"> </td>
<td colspan="2" style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt"> </td><td style="font-size: 8pt"> </td>
<td colspan="2" style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt"> </td><td style="font-size: 8pt"> </td>
<td colspan="2" style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(205,255,255)">
<td style="width: 35%; font: 8pt Times New Roman; text-align: left; text-indent: 36pt">March 25, 2017</td><td style="width: 2%; font: 8pt Times New Roman"> </td>
<td style="width: 1%; font: 8pt Times New Roman; text-align: left">$</td><td style="width: 9%; font: 8pt Times New Roman; text-align: right">–</td><td style="width: 1%; font: 8pt Times New Roman; text-align: left"> </td><td style="width: 2%; font: 8pt Times New Roman"> </td>
<td style="width: 1%; font: 8pt Times New Roman; text-align: left">$</td><td style="width: 9%; font: 8pt Times New Roman; text-align: right">(1,067</td><td style="width: 1%; font: 8pt Times New Roman; text-align: left">)</td><td style="width: 2%; font: 8pt Times New Roman"> </td>
<td style="width: 1%; font: 8pt Times New Roman; text-align: left">$</td><td style="width: 9%; font: 8pt Times New Roman; text-align: right">7,576</td><td style="width: 1%; font: 8pt Times New Roman; text-align: left"> </td><td style="width: 2%; font: 8pt Times New Roman"> </td>
<td style="width: 1%; font: 8pt Times New Roman; text-align: left">$</td><td style="width: 9%; font: 8pt Times New Roman; text-align: right">1.03</td><td style="width: 1%; font: 8pt Times New Roman; text-align: left"> </td><td style="width: 2%; font: 8pt Times New Roman"> </td>
<td style="width: 1%; font: 8pt Times New Roman; text-align: left">$</td><td style="width: 9%; font: 8pt Times New Roman; text-align: right">9.03</td><td style="width: 1%; font: 8pt Times New Roman; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="font: 8pt Times New Roman; text-align: left; text-indent: 36pt">June 24, 2017</td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; text-align: right">–</td><td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; text-align: right">(840</td><td style="font: 8pt Times New Roman; text-align: left">)</td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; text-align: right">10,954</td><td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left">$</td><td style="font: 8pt Times New Roman; text-align: right">1.49</td><td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left">$</td><td style="font: 8pt Times New Roman; text-align: right">13.05</td><td style="font: 8pt Times New Roman; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(205,255,255)">
<td style="font: 8pt Times New Roman; text-align: left; text-indent: 35.99pt">September 30, 2017</td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; text-align: right">–</td><td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; text-align: right">(862</td><td style="font: 8pt Times New Roman; text-align: left">)</td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; text-align: right">25,501</td><td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left">$</td><td style="font: 8pt Times New Roman; text-align: right">3.47</td><td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left">$</td><td style="font: 8pt Times New Roman; text-align: right">30.38</td><td style="font: 8pt Times New Roman; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="font: 8pt Times New Roman; text-align: left; padding-bottom: 1pt; text-indent: 35.99pt">December 30, 2017</td><td style="font: 8pt Times New Roman; padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman; text-align: right">–</td><td style="padding-bottom: 1pt; font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman; text-align: right">(1,252</td><td style="padding-bottom: 1pt; font: 8pt Times New Roman; text-align: left">)</td><td style="font: 8pt Times New Roman; padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman; text-align: right">13,450</td><td style="padding-bottom: 1pt; font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman; text-align: left">$</td><td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman; text-align: right">1.83</td><td style="padding-bottom: 1pt; font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman; text-align: left">$</td><td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman; text-align: right">16.02</td><td style="padding-bottom: 1pt; font: 8pt Times New Roman; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(205,255,255)">
<td style="font-size: 8pt; text-align: left; padding-bottom: 2.5pt"> </td><td style="font: 8pt Times New Roman; padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: right">–</td><td style="padding-bottom: 2.5pt; font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: right">(4,021</td><td style="padding-bottom: 2.5pt; font: 8pt Times New Roman; text-align: left">)</td><td style="font: 8pt Times New Roman; padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: right">57,481</td><td style="padding-bottom: 2.5pt; font: 8pt Times New Roman; text-align: left"> </td><td style="font-size: 8pt; padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; font-size: 8pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="font-size: 8pt"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(205,255,255)">
<td style="font: 8pt Times New Roman; text-align: left">2016 quarterly results:</td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="font: 8pt Times New Roman; text-align: left; text-indent: 35.99pt">March 26, 2016</td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left">$</td><td style="font: 8pt Times New Roman; text-align: right">–</td><td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left">$</td><td style="font: 8pt Times New Roman; text-align: right">(754</td><td style="font: 8pt Times New Roman; text-align: left">)</td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left">$</td><td style="font: 8pt Times New Roman; text-align: right">2,733</td><td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left">$</td><td style="font: 8pt Times New Roman; text-align: right">0.37</td><td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left">$</td><td style="font: 8pt Times New Roman; text-align: right">3.26</td><td style="font: 8pt Times New Roman; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(205,255,255)">
<td style="font: 8pt Times New Roman; text-align: left; text-indent: 35.99pt">June 25, 2016</td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; text-align: right">–</td><td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; text-align: right">(808</td><td style="font: 8pt Times New Roman; text-align: left">)</td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; text-align: right">8,599</td><td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left">$</td><td style="font: 8pt Times New Roman; text-align: right">1.17</td><td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left">$</td><td style="font: 8pt Times New Roman; text-align: right">10.25</td><td style="font: 8pt Times New Roman; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="font: 8pt Times New Roman; text-align: left; text-indent: 35.99pt">September 24, 2016</td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; text-align: right">–</td><td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; text-align: right">(729</td><td style="font: 8pt Times New Roman; text-align: left">)</td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; text-align: right">15,570</td><td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left">$</td><td style="font: 8pt Times New Roman; text-align: right">2.12</td><td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left">$</td><td style="font: 8pt Times New Roman; text-align: right">18.55</td><td style="font: 8pt Times New Roman; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(205,255,255)">
<td style="font: 8pt Times New Roman; text-align: left; padding-bottom: 1pt; text-indent: 35.99pt">December 31, 2016</td><td style="font: 8pt Times New Roman; padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman; text-align: right">–</td><td style="padding-bottom: 1pt; font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman; text-align: right">(1,343</td><td style="padding-bottom: 1pt; font: 8pt Times New Roman; text-align: left">)</td><td style="font: 8pt Times New Roman; padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman; text-align: right">19,466</td><td style="padding-bottom: 1pt; font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman; text-align: left">$</td><td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman; text-align: right">2.65</td><td style="padding-bottom: 1pt; font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman; text-align: left">$</td><td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman; text-align: right">23.19</td><td style="padding-bottom: 1pt; font: 8pt Times New Roman; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="font-size: 8pt; text-align: left; padding-bottom: 2.5pt"> </td><td style="font: 8pt Times New Roman; padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: right">–</td><td style="padding-bottom: 2.5pt; font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: right">(3,634</td><td style="padding-bottom: 2.5pt; font: 8pt Times New Roman; text-align: left">)</td><td style="font: 8pt Times New Roman; padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: right">46,368</td><td style="padding-bottom: 2.5pt; font: 8pt Times New Roman; text-align: left"> </td><td style="font-size: 8pt; padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; font-size: 8pt; text-align: left"> </td></tr>
</table>
<p style="margin-top: 0; margin-bottom: 0"> </p>
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%">
<tr style="vertical-align: bottom">
<td style="font-size: 8pt; text-align: left; padding-bottom: 1pt"> </td><td style="font-size: 8pt; padding-bottom: 1pt"> </td>
<td colspan="2" style="font-size: 8pt; text-align: center; padding-bottom: 1pt"> </td><td style="font-size: 8pt; padding-bottom: 1pt"> </td><td style="font: bold 8pt Times New Roman; padding-bottom: 1pt"> </td>
<td colspan="2" style="font: bold 8pt Times New Roman; text-align: center; padding-bottom: 1pt">Operating</td><td style="font: bold 8pt Times New Roman; padding-bottom: 1pt"> </td><td style="font: bold 8pt Times New Roman; padding-bottom: 1pt"> </td>
<td colspan="2" style="font: bold 8pt Times New Roman; text-align: center; padding-bottom: 1pt">Net</td><td style="font: bold 8pt Times New Roman; padding-bottom: 1pt"> </td><td style="font: bold 8pt Times New Roman; padding-bottom: 1pt"> </td>
<td colspan="6" style="font: bold 8pt Times New Roman; text-align: center; border-bottom: Black 1pt solid">Basic and Diluted Earnings Per</td><td style="font: bold 8pt Times New Roman; padding-bottom: 1pt"> </td></tr>
<tr style="vertical-align: bottom">
<td style="font-size: 8pt; text-align: left"> </td><td style="font: bold 8pt Times New Roman; padding-bottom: 1pt"> </td>
<td colspan="2" style="font: bold 8pt Times New Roman; text-align: center; border-bottom: Black 1pt solid">Net Sales</td><td style="padding-bottom: 1pt; font: bold 8pt Times New Roman"> </td><td style="font: bold 8pt Times New Roman; padding-bottom: 1pt"> </td>
<td colspan="2" style="font: bold 8pt Times New Roman; text-align: center; border-bottom: Black 1pt solid">Loss</td><td style="padding-bottom: 1pt; font: bold 8pt Times New Roman"> </td><td style="font: bold 8pt Times New Roman; padding-bottom: 1pt"> </td>
<td colspan="2" style="font: bold 8pt Times New Roman; text-align: center; border-bottom: Black 1pt solid">Income</td><td style="padding-bottom: 1pt; font: bold 8pt Times New Roman"> </td><td style="font: bold 8pt Times New Roman; padding-bottom: 1pt"> </td>
<td colspan="2" style="font: bold 8pt Times New Roman; text-align: center; border-bottom: Black 1pt solid">Class A Unit</td><td style="padding-bottom: 1pt; font: bold 8pt Times New Roman"> </td><td style="font: bold 8pt Times New Roman; padding-bottom: 1pt"> </td>
<td colspan="2" style="font: bold 8pt Times New Roman; text-align: center; border-bottom: Black 1pt solid">Class B Unit</td><td style="padding-bottom: 1pt; font: bold 8pt Times New Roman"> </td></tr>
<tr style="vertical-align: bottom">
<td style="font: 8pt Times New Roman; text-align: left">2017 quarterly results:</td><td style="font-size: 8pt"> </td>
<td colspan="2" style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt"> </td><td style="font-size: 8pt"> </td>
<td colspan="2" style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt"> </td><td style="font-size: 8pt"> </td>
<td colspan="2" style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt"> </td><td style="font-size: 8pt"> </td>
<td colspan="2" style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt"> </td><td style="font-size: 8pt"> </td>
<td colspan="2" style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(205,255,255)">
<td style="width: 35%; font: 8pt Times New Roman; text-align: left; text-indent: 36pt">March 25, 2017</td><td style="width: 2%; font: 8pt Times New Roman"> </td>
<td style="width: 1%; font: 8pt Times New Roman; text-align: left">$</td><td style="width: 9%; font: 8pt Times New Roman; text-align: right">–</td><td style="width: 1%; font: 8pt Times New Roman; text-align: left"> </td><td style="width: 2%; font: 8pt Times New Roman"> </td>
<td style="width: 1%; font: 8pt Times New Roman; text-align: left">$</td><td style="width: 9%; font: 8pt Times New Roman; text-align: right">(1,067</td><td style="width: 1%; font: 8pt Times New Roman; text-align: left">)</td><td style="width: 2%; font: 8pt Times New Roman"> </td>
<td style="width: 1%; font: 8pt Times New Roman; text-align: left">$</td><td style="width: 9%; font: 8pt Times New Roman; text-align: right">7,576</td><td style="width: 1%; font: 8pt Times New Roman; text-align: left"> </td><td style="width: 2%; font: 8pt Times New Roman"> </td>
<td style="width: 1%; font: 8pt Times New Roman; text-align: left">$</td><td style="width: 9%; font: 8pt Times New Roman; text-align: right">1.03</td><td style="width: 1%; font: 8pt Times New Roman; text-align: left"> </td><td style="width: 2%; font: 8pt Times New Roman"> </td>
<td style="width: 1%; font: 8pt Times New Roman; text-align: left">$</td><td style="width: 9%; font: 8pt Times New Roman; text-align: right">9.03</td><td style="width: 1%; font: 8pt Times New Roman; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="font: 8pt Times New Roman; text-align: left; text-indent: 36pt">June 24, 2017</td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; text-align: right">–</td><td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; text-align: right">(840</td><td style="font: 8pt Times New Roman; text-align: left">)</td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; text-align: right">10,954</td><td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left">$</td><td style="font: 8pt Times New Roman; text-align: right">1.49</td><td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left">$</td><td style="font: 8pt Times New Roman; text-align: right">13.05</td><td style="font: 8pt Times New Roman; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(205,255,255)">
<td style="font: 8pt Times New Roman; text-align: left; text-indent: 35.99pt">September 30, 2017</td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; text-align: right">–</td><td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; text-align: right">(862</td><td style="font: 8pt Times New Roman; text-align: left">)</td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; text-align: right">25,501</td><td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left">$</td><td style="font: 8pt Times New Roman; text-align: right">3.47</td><td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left">$</td><td style="font: 8pt Times New Roman; text-align: right">30.38</td><td style="font: 8pt Times New Roman; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="font: 8pt Times New Roman; text-align: left; padding-bottom: 1pt; text-indent: 35.99pt">December 30, 2017</td><td style="font: 8pt Times New Roman; padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman; text-align: right">–</td><td style="padding-bottom: 1pt; font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman; text-align: right">(1,252</td><td style="padding-bottom: 1pt; font: 8pt Times New Roman; text-align: left">)</td><td style="font: 8pt Times New Roman; padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman; text-align: right">13,450</td><td style="padding-bottom: 1pt; font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman; text-align: left">$</td><td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman; text-align: right">1.83</td><td style="padding-bottom: 1pt; font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman; text-align: left">$</td><td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman; text-align: right">16.02</td><td style="padding-bottom: 1pt; font: 8pt Times New Roman; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(205,255,255)">
<td style="font-size: 8pt; text-align: left; padding-bottom: 2.5pt"> </td><td style="font: 8pt Times New Roman; padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: right">–</td><td style="padding-bottom: 2.5pt; font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: right">(4,021</td><td style="padding-bottom: 2.5pt; font: 8pt Times New Roman; text-align: left">)</td><td style="font: 8pt Times New Roman; padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: right">57,481</td><td style="padding-bottom: 2.5pt; font: 8pt Times New Roman; text-align: left"> </td><td style="font-size: 8pt; padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; font-size: 8pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="font-size: 8pt"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(205,255,255)">
<td style="font: 8pt Times New Roman; text-align: left">2016 quarterly results:</td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="font: 8pt Times New Roman; text-align: left; text-indent: 35.99pt">March 26, 2016</td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left">$</td><td style="font: 8pt Times New Roman; text-align: right">–</td><td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left">$</td><td style="font: 8pt Times New Roman; text-align: right">(754</td><td style="font: 8pt Times New Roman; text-align: left">)</td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left">$</td><td style="font: 8pt Times New Roman; text-align: right">2,733</td><td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left">$</td><td style="font: 8pt Times New Roman; text-align: right">0.37</td><td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left">$</td><td style="font: 8pt Times New Roman; text-align: right">3.26</td><td style="font: 8pt Times New Roman; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(205,255,255)">
<td style="font: 8pt Times New Roman; text-align: left; text-indent: 35.99pt">June 25, 2016</td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; text-align: right">–</td><td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; text-align: right">(808</td><td style="font: 8pt Times New Roman; text-align: left">)</td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; text-align: right">8,599</td><td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left">$</td><td style="font: 8pt Times New Roman; text-align: right">1.17</td><td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left">$</td><td style="font: 8pt Times New Roman; text-align: right">10.25</td><td style="font: 8pt Times New Roman; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="font: 8pt Times New Roman; text-align: left; text-indent: 35.99pt">September 24, 2016</td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; text-align: right">–</td><td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; text-align: right">(729</td><td style="font: 8pt Times New Roman; text-align: left">)</td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; text-align: right">15,570</td><td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left">$</td><td style="font: 8pt Times New Roman; text-align: right">2.12</td><td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left">$</td><td style="font: 8pt Times New Roman; text-align: right">18.55</td><td style="font: 8pt Times New Roman; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(205,255,255)">
<td style="font: 8pt Times New Roman; text-align: left; padding-bottom: 1pt; text-indent: 35.99pt">December 31, 2016</td><td style="font: 8pt Times New Roman; padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman; text-align: right">–</td><td style="padding-bottom: 1pt; font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman; text-align: right">(1,343</td><td style="padding-bottom: 1pt; font: 8pt Times New Roman; text-align: left">)</td><td style="font: 8pt Times New Roman; padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman; text-align: right">19,466</td><td style="padding-bottom: 1pt; font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman; text-align: left">$</td><td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman; text-align: right">2.65</td><td style="padding-bottom: 1pt; font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman; text-align: left">$</td><td style="border-bottom: Black 1pt solid; font: 8pt Times New Roman; text-align: right">23.19</td><td style="padding-bottom: 1pt; font: 8pt Times New Roman; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="font-size: 8pt; text-align: left; padding-bottom: 2.5pt"> </td><td style="font: 8pt Times New Roman; padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: right">–</td><td style="padding-bottom: 2.5pt; font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: right">(3,634</td><td style="padding-bottom: 2.5pt; font: 8pt Times New Roman; text-align: left">)</td><td style="font: 8pt Times New Roman; padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: right">46,368</td><td style="padding-bottom: 2.5pt; font: 8pt Times New Roman; text-align: left"> </td><td style="font-size: 8pt; padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: right"> </td><td style="padding-bottom: 2.5pt; font-size: 8pt; text-align: left"> </td></tr>
</table>
<p style="text-align: left"><font style="font: 8pt Times New Roman"><b><i>Earnings Per Unit</i></b></font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">Under the LLC structure,
earnings of the Company are to be distributed to unitholders based on their proportionate share of underlying equity, and, as
a result, earnings per unit (EPU) has been presented in the accompanying Statement of Operations and in the table that follows.</font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">Basic EPU excludes dilution
and is computed by first allocating 10% of net income or loss attributable to USPB to Class A units and the remaining 90% is allocated
to Class B units. Net income or loss allocated to the Class A and Class B units is then divided by the weighted-average number
of Class A and Class B units outstanding for the period to determine the basic EPU for each respective class of unit.</font></p>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman">Diluted EPU reflects
the potential dilution that could occur to the extent that any outstanding dilutive Class A or Class B units were exercised. There
are no potentially dilutive Class A or Class B units outstanding.</font></p>
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 80%">
<tr style="vertical-align: bottom">
<td style="font: bold 8pt Times New Roman; text-align: left; padding-left: 20pt">Income (Loss) Per Unit Calculation</td><td style="font: bold 8pt Times New Roman"> </td>
<td colspan="2" style="font: bold 8pt Times New Roman; text-align: center">52 weeks ended</td><td style="font: bold 8pt Times New Roman"> </td><td style="font: bold 8pt Times New Roman"> </td>
<td colspan="2" style="font: bold 8pt Times New Roman; text-align: center">53 weeks ended</td><td style="font: bold 8pt Times New Roman"> </td><td style="font: bold 8pt Times New Roman"> </td>
<td colspan="2" style="font: bold 8pt Times New Roman; text-align: center">52 weeks ended</td><td style="font: bold 8pt Times New Roman"> </td></tr>
<tr style="vertical-align: bottom">
<td style="font: 8pt Times New Roman; text-align: left; padding-bottom: 1pt; padding-left: 20pt">(thousands of dollars, except unit and per unit data)</td><td style="font: bold 8pt Times New Roman; padding-bottom: 1pt"> </td>
<td colspan="2" style="font: bold 8pt Times New Roman; text-align: center; border-bottom: Black 1pt solid">December 30, 2017</td><td style="padding-bottom: 1pt; font: bold 8pt Times New Roman"> </td><td style="font: bold 8pt Times New Roman; padding-bottom: 1pt"> </td>
<td colspan="2" style="font: bold 8pt Times New Roman; text-align: center; border-bottom: Black 1pt solid">December 31, 2016</td><td style="padding-bottom: 1pt; font: bold 8pt Times New Roman"> </td><td style="font: bold 8pt Times New Roman; padding-bottom: 1pt"> </td>
<td colspan="2" style="font: bold 8pt Times New Roman; text-align: center; border-bottom: Black 1pt solid">December 26, 2015</td><td style="padding-bottom: 1pt; font: bold 8pt Times New Roman"> </td></tr>
<tr style="vertical-align: bottom">
<td colspan="13" style="font-size: 8pt"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(205,255,255)">
<td style="font: bold 8pt Times New Roman; text-align: left; text-indent: 28.14pt">Basic and diluted earnings per unit:</td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="font: 8pt Times New Roman; text-align: left; text-indent: 28.14pt">Income (loss) attributable to USPB available to</td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(205,255,255)">
<td style="font: 8pt Times New Roman; text-align: left; text-indent: 34.08pt">unitholders (numerator)</td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="width: 32%; font: 8pt Times New Roman; text-align: left; padding-left: 40pt">Class A</td><td style="width: 2%; font: 8pt Times New Roman"> </td>
<td style="width: 1%; font: 8pt Times New Roman; text-align: left">$</td><td style="width: 12%; font: 8pt Times New Roman; text-align: right">5,748</td><td style="width: 1%; font: 8pt Times New Roman; text-align: left"> </td><td style="width: 2%; font: 8pt Times New Roman"> </td>
<td style="width: 1%; font: 8pt Times New Roman; text-align: left">$</td><td style="width: 12%; font: 8pt Times New Roman; text-align: right">4,637</td><td style="width: 1%; font: 8pt Times New Roman; text-align: left"> </td><td style="width: 2%; font: 8pt Times New Roman"> </td>
<td style="width: 1%; font: 8pt Times New Roman; text-align: left">$</td><td style="width: 12%; font: 8pt Times New Roman; text-align: right">(2,132</td><td style="width: 1%; font: 8pt Times New Roman; text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: rgb(205,255,255)">
<td style="font: 8pt Times New Roman; text-align: left; padding-left: 40pt">Class B</td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left">$</td><td style="font: 8pt Times New Roman; text-align: right">51,733</td><td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left">$</td><td style="font: 8pt Times New Roman; text-align: right">41,731</td><td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left">$</td><td style="font: 8pt Times New Roman; text-align: right">(19,184</td><td style="font: 8pt Times New Roman; text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="font-size: 8pt"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(205,255,255)">
<td style="font: 8pt Times New Roman; text-align: left; text-indent: 28.13pt">Weighted average outstanding units (denominator)</td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="font: 8pt Times New Roman; text-align: left; padding-left: 40pt">Class A</td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; text-align: right">735,385</td><td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; text-align: right">735,385</td><td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; text-align: right">735,385</td><td style="font: 8pt Times New Roman; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(205,255,255)">
<td style="font: 8pt Times New Roman; text-align: left; padding-left: 40pt">Class B</td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; text-align: right">755,385</td><td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; text-align: right">755,385</td><td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; text-align: right">755,385</td><td style="font: 8pt Times New Roman; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="font-size: 8pt"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(205,255,255)">
<td style="font: 8pt Times New Roman; text-align: left; text-indent: 28.13pt">Per unit amount</td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="font: 8pt Times New Roman; text-align: left; padding-left: 40pt">Class A</td><td style="font: 8pt Times New Roman; padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: right">7.82</td><td style="padding-bottom: 2.5pt; font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: right">6.31</td><td style="padding-bottom: 2.5pt; font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: right">(2.90</td><td style="padding-bottom: 2.5pt; font: 8pt Times New Roman; text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: rgb(205,255,255)">
<td style="font: 8pt Times New Roman; text-align: left; padding-left: 40pt">Class B</td><td style="font: 8pt Times New Roman; padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: right">68.49</td><td style="padding-bottom: 2.5pt; font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: right">55.24</td><td style="padding-bottom: 2.5pt; font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: right">(25.40</td><td style="padding-bottom: 2.5pt; font: 8pt Times New Roman; text-align: left">)</td></tr>
</table>
<p style="text-align: left; text-indent: 30px"><font style="font: 8pt Times New Roman"> </font></p>
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 80%">
<tr style="vertical-align: bottom">
<td style="font: bold 8pt Times New Roman; text-align: left; padding-left: 20pt">Income (Loss) Per Unit Calculation</td><td style="font: bold 8pt Times New Roman"> </td>
<td colspan="2" style="font: bold 8pt Times New Roman; text-align: center">52 weeks ended</td><td style="font: bold 8pt Times New Roman"> </td><td style="font: bold 8pt Times New Roman"> </td>
<td colspan="2" style="font: bold 8pt Times New Roman; text-align: center">53 weeks ended</td><td style="font: bold 8pt Times New Roman"> </td><td style="font: bold 8pt Times New Roman"> </td>
<td colspan="2" style="font: bold 8pt Times New Roman; text-align: center">52 weeks ended</td><td style="font: bold 8pt Times New Roman"> </td></tr>
<tr style="vertical-align: bottom">
<td style="font: 8pt Times New Roman; text-align: left; padding-bottom: 1pt; padding-left: 20pt">(thousands of dollars, except unit and per unit data)</td><td style="font: bold 8pt Times New Roman; padding-bottom: 1pt"> </td>
<td colspan="2" style="font: bold 8pt Times New Roman; text-align: center; border-bottom: Black 1pt solid">December 30, 2017</td><td style="padding-bottom: 1pt; font: bold 8pt Times New Roman"> </td><td style="font: bold 8pt Times New Roman; padding-bottom: 1pt"> </td>
<td colspan="2" style="font: bold 8pt Times New Roman; text-align: center; border-bottom: Black 1pt solid">December 31, 2016</td><td style="padding-bottom: 1pt; font: bold 8pt Times New Roman"> </td><td style="font: bold 8pt Times New Roman; padding-bottom: 1pt"> </td>
<td colspan="2" style="font: bold 8pt Times New Roman; text-align: center; border-bottom: Black 1pt solid">December 26, 2015</td><td style="padding-bottom: 1pt; font: bold 8pt Times New Roman"> </td></tr>
<tr style="vertical-align: bottom">
<td colspan="13" style="font-size: 8pt"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(205,255,255)">
<td style="font: bold 8pt Times New Roman; text-align: left; text-indent: 28.14pt">Basic and diluted earnings per unit:</td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="font: 8pt Times New Roman; text-align: left; text-indent: 28.14pt">Income (loss) attributable to USPB available to</td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(205,255,255)">
<td style="font: 8pt Times New Roman; text-align: left; text-indent: 34.08pt">unitholders (numerator)</td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="width: 32%; font: 8pt Times New Roman; text-align: left; padding-left: 40pt">Class A</td><td style="width: 2%; font: 8pt Times New Roman"> </td>
<td style="width: 1%; font: 8pt Times New Roman; text-align: left">$</td><td style="width: 12%; font: 8pt Times New Roman; text-align: right">5,748</td><td style="width: 1%; font: 8pt Times New Roman; text-align: left"> </td><td style="width: 2%; font: 8pt Times New Roman"> </td>
<td style="width: 1%; font: 8pt Times New Roman; text-align: left">$</td><td style="width: 12%; font: 8pt Times New Roman; text-align: right">4,637</td><td style="width: 1%; font: 8pt Times New Roman; text-align: left"> </td><td style="width: 2%; font: 8pt Times New Roman"> </td>
<td style="width: 1%; font: 8pt Times New Roman; text-align: left">$</td><td style="width: 12%; font: 8pt Times New Roman; text-align: right">(2,132</td><td style="width: 1%; font: 8pt Times New Roman; text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: rgb(205,255,255)">
<td style="font: 8pt Times New Roman; text-align: left; padding-left: 40pt">Class B</td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left">$</td><td style="font: 8pt Times New Roman; text-align: right">51,733</td><td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left">$</td><td style="font: 8pt Times New Roman; text-align: right">41,731</td><td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left">$</td><td style="font: 8pt Times New Roman; text-align: right">(19,184</td><td style="font: 8pt Times New Roman; text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="font-size: 8pt"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(205,255,255)">
<td style="font: 8pt Times New Roman; text-align: left; text-indent: 28.13pt">Weighted average outstanding units (denominator)</td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="font: 8pt Times New Roman; text-align: left; padding-left: 40pt">Class A</td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; text-align: right">735,385</td><td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; text-align: right">735,385</td><td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; text-align: right">735,385</td><td style="font: 8pt Times New Roman; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(205,255,255)">
<td style="font: 8pt Times New Roman; text-align: left; padding-left: 40pt">Class B</td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; text-align: right">755,385</td><td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; text-align: right">755,385</td><td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman"> </td>
<td style="font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; text-align: right">755,385</td><td style="font: 8pt Times New Roman; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="font-size: 8pt"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(205,255,255)">
<td style="font: 8pt Times New Roman; text-align: left; text-indent: 28.13pt">Per unit amount</td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt"> </td>
<td style="font-size: 8pt; text-align: left"> </td><td style="font-size: 8pt; text-align: right"> </td><td style="font-size: 8pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="font: 8pt Times New Roman; text-align: left; padding-left: 40pt">Class A</td><td style="font: 8pt Times New Roman; padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: right">7.82</td><td style="padding-bottom: 2.5pt; font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: right">6.31</td><td style="padding-bottom: 2.5pt; font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: right">(2.90</td><td style="padding-bottom: 2.5pt; font: 8pt Times New Roman; text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: rgb(205,255,255)">
<td style="font: 8pt Times New Roman; text-align: left; padding-left: 40pt">Class B</td><td style="font: 8pt Times New Roman; padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: right">68.49</td><td style="padding-bottom: 2.5pt; font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: right">55.24</td><td style="padding-bottom: 2.5pt; font: 8pt Times New Roman; text-align: left"> </td><td style="font: 8pt Times New Roman; padding-bottom: 2.5pt"> </td>
<td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font: 8pt Times New Roman; text-align: right">(25.40</td><td style="padding-bottom: 2.5pt; font: 8pt Times New Roman; text-align: left">)</td></tr>
</table>
100000
0
0