Quarterly report pursuant to Section 13 or 15(d)

Segment Information

v2.4.0.6
Segment Information
3 Months Ended
Dec. 29, 2012
Segment Information [Abstract]  
Segment Information
10. Segment Information

Management has determined that the Company has two operating segments which are also reportable segments based on the level at which the Chief Operating Decision Maker reviews the results of operations to make decisions regarding performance assessment and resource allocation. These operating segments are Pet segment and Garden segment and are presented in the table below (in thousands).

 

                 
    Three Months Ended  
    December 29,
2012
    December 24,
2011
 

Net sales:

               

Pet segment

  $ 195,180     $ 199,282  

Garden segment

    97,317       102,784  
   

 

 

   

 

 

 

Total net sales

  $ 292,497     $ 302,066  
   

 

 

   

 

 

 

Income (loss) from operations:

               

Pet segment

    10,173       9,689  

Garden segment

    (8,536     (11,085

Corporate

    (14,731     (9,884
   

 

 

   

 

 

 

Total loss from operations

    (13,094     (11,280
   

 

 

   

 

 

 

Interest expense—net

    (10,250     (9,519

Other expense

    (981     (114

Income tax benefit

    (8,978     (7,646
   

 

 

   

 

 

 

Loss including noncontrolling interest

    (15,347     (13,267

Net loss attributable to noncontrolling interest

    (78     (177
   

 

 

   

 

 

 

Net loss attributable to Central Garden & Pet Company

  $ (15,269   $ (13,090
   

 

 

   

 

 

 

Depreciation and amortization:

               

Pet segment

    3,695       3,586  

Garden segment

    1,656       1,548  

Corporate

    2,665       2,310  
   

 

 

   

 

 

 

Total depreciation and amortization

  $ 8,016     $ 7,444  
   

 

 

   

 

 

 
     
    December 29,
2012
    September 29,
2012
 

Assets:

               

Pet segment

    419,537       411,059  

Garden segment

    362,770       341,716  

Corporate

    363,765       396,772  
   

 

 

   

 

 

 

Total assets

  $ 1,146,072     $ 1,149,547  
   

 

 

   

 

 

 

Goodwill (included in corporate assets above):

               

Pet segment

  $ 202,514     $ 202,514  

Garden segment

    7,709       7,709  
   

 

 

   

 

 

 

Total goodwill

  $ 210,223     $ 210,223