v3.22.2
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jun. 25, 2022
Jun. 26, 2021
Jun. 25, 2022
Jun. 26, 2021
Income Statement [Abstract]        
Net sales $ 1,015,378 $ 1,037,075 $ 2,631,146 $ 2,564,557
Cost of goods sold 707,752 716,765 1,838,532 1,806,427
Gross profit 307,626 320,310 792,614 758,130
Selling, general and administrative expenses 193,547 207,069 545,476 513,239
Operating income 114,079 113,241 247,138 244,891
Interest expense (14,422) (13,131) (43,633) (44,328)
Interest income 87 45 188 322
Other (expense) income (759) (1,086) (1,337) 370
Income before income taxes and noncontrolling interest 98,985 99,069 202,356 201,255
Income tax expense 23,430 22,315 47,319 45,260
Income including noncontrolling interest 75,555 76,754 155,037 155,995
Net income attributable to noncontrolling interest 135 568 895 1,242
Net income attributable to Central Garden & Pet Company $ 75,420 $ 76,186 $ 154,142 $ 154,753
Net income per share attributable to Central Garden & Pet Company:        
Basic (in dollars per share) $ 1.42 $ 1.41 $ 2.89 $ 2.87
Diluted (in dollars per share) $ 1.39 $ 1.37 $ 2.82 $ 2.80
Weighted average shares used in the computation of net income per share:        
Basic (in shares) 53,237 53,976 53,392 53,882
Diluted (in shares) 54,329 55,658 54,658 55,236

Source