v3.21.2
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jun. 26, 2021
Jun. 27, 2020
Jun. 26, 2021
Jun. 27, 2020
Income Statement [Abstract]        
Net sales $ 1,037,075 $ 833,483 $ 2,564,557 $ 2,019,540
Cost of goods sold 716,765 571,423 1,806,427 1,419,097
Gross profit 320,310 262,060 758,130 600,443
Selling, general and administrative expenses 207,069 157,420 513,239 427,633
Operating income 113,241 104,640 244,891 172,810
Interest expense (13,131) (11,829) (44,328) (33,223)
Interest income 45 358 322 3,779
Other income (expense) (1,086) (3,541) 370 (4,215)
Income before income taxes and noncontrolling interest 99,069 89,628 201,255 139,151
Income tax expense 22,315 20,291 45,260 31,211
Income including noncontrolling interest 76,754 69,337 155,995 107,940
Net income attributable to noncontrolling interest 568 537 1,242 853
Net income attributable to Central Garden & Pet Company $ 76,186 $ 68,800 $ 154,753 $ 107,087
Net income per share attributable to Central Garden & Pet Company:        
Basic (in dollars per share) $ 1.41 $ 1.29 $ 2.87 $ 1.97
Diluted (in dollars per share) $ 1.37 $ 1.27 $ 2.80 $ 1.95
Weighted average shares used in the computation of net income per share:        
Basic (in shares) 53,976 53,441 53,882 54,261
Diluted (in shares) 55,658 54,168 55,236 54,984

Source