v3.22.1
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Mar. 26, 2022
Mar. 27, 2021
Mar. 26, 2022
Mar. 27, 2021
Income Statement [Abstract]        
Net sales $ 954,370 $ 935,252 $ 1,615,768 $ 1,527,482
Cost of goods sold 667,578 662,851 1,130,780 1,089,662
Gross profit 286,792 272,401 484,988 437,820
Selling, general and administrative expenses 179,947 167,791 351,929 306,170
Operating income 106,845 104,610 133,059 131,650
Interest expense (14,729) (10,222) (29,211) (31,197)
Interest income 27 71 101 277
Other income (expense) (369) 704 (578) 1,456
Income before income taxes and noncontrolling interest 91,774 95,163 103,371 102,186
Income tax expense 21,488 21,564 23,889 22,945
Income including noncontrolling interest 70,286 73,599 79,482 79,241
Net income attributable to noncontrolling interest 573 645 760 674
Net income attributable to Central Garden & Pet Company $ 69,713 $ 72,954 $ 78,722 $ 78,567
Net income per share attributable to Central Garden & Pet Company:        
Basic (in dollars per share) $ 1.30 $ 1.35 $ 1.47 $ 1.46
Diluted (in dollars per share) $ 1.27 $ 1.32 $ 1.44 $ 1.43
Weighted average shares used in the computation of net income per share:        
Basic (in shares) 53,458 53,851 53,475 53,805
Diluted (in shares) 54,722 55,156 54,818 54,930

Source