Financial Information Relating to Company's Business Segments |
Financial
information relating to the Company’s business segments for
each of the three most recent fiscal years is presented in the
table below (in thousands):
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Fiscal Year
Ended |
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September 28,
2013 |
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September 29,
2012 |
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September 24,
2011
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Net sales:
|
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Pet segment
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|
$ |
888,228 |
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|
$ |
930,753 |
|
|
$ |
851,307 |
|
Garden segment
|
|
|
765,405 |
|
|
|
769,260 |
|
|
|
777,345 |
|
|
|
|
|
|
|
|
|
|
|
|
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Total
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|
$ |
1,653,633 |
|
|
$ |
1,700,013 |
|
|
$ |
1,628,652 |
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Income (loss) from
operations:
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Pet segment
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|
$ |
95,451 |
|
|
$ |
87,650 |
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|
$ |
77,623 |
|
Garden segment
|
|
|
8,286 |
(1) |
|
|
40,376 |
|
|
|
50,013 |
|
Corporate
|
|
|
(63,582 |
) |
|
|
(53,605 |
) |
|
|
(42,461 |
) |
|
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|
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|
|
|
|
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|
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Total
|
|
|
40,155 |
|
|
|
74,421 |
|
|
|
85,175 |
|
Interest expense
|
|
|
(43,112 |
) |
|
|
(40,315 |
) |
|
|
(38,044 |
) |
Interest income
|
|
|
142 |
|
|
|
145 |
|
|
|
296 |
|
Other income
(expense)
|
|
|
(677 |
) |
|
|
678 |
|
|
|
550 |
|
|
|
|
|
|
|
|
|
|
|
|
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Income (loss) before income
taxes and noncontrolling interest
|
|
|
(3,492 |
) |
|
|
34,929 |
|
|
|
47,977 |
|
Income tax expense
(benefit)
|
|
|
(2,592 |
) |
|
|
12,816 |
|
|
|
19,595 |
|
|
|
|
|
|
|
|
|
|
|
|
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|
Net income (loss) including
noncontrolling interest
|
|
|
(900 |
) |
|
|
22,113 |
|
|
|
28,382 |
|
Net income attributable to
noncontrolling interest
|
|
|
1,029 |
|
|
|
940 |
|
|
|
59 |
|
|
|
|
|
|
|
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|
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Net income (loss)
attributable to Central Garden & Pet Company
|
|
$ |
(1,929 |
) |
|
$ |
21,173 |
|
|
$ |
28,323 |
|
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|
|
|
|
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Assets:
|
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Pet segment
|
|
$ |
425,988 |
|
|
$ |
411,059 |
|
|
$ |
396,637 |
|
Garden segment
|
|
|
388,581 |
|
|
|
341,716 |
|
|
|
350,234 |
|
Corporate and
eliminations
|
|
|
346,591 |
|
|
|
396,772 |
|
|
|
346,132 |
|
|
|
|
|
|
|
|
|
|
|
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Total
|
|
$ |
1,161,160 |
|
|
$ |
1,149,547 |
|
|
$ |
1,093,003 |
|
|
|
|
|
|
|
|
|
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Depreciation and
amortization:
|
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Pet segment
|
|
$ |
15,753 |
|
|
$ |
14,507 |
|
|
$ |
14,479 |
|
Garden segment
|
|
|
6,410 |
|
|
|
6,213 |
|
|
|
5,986 |
|
Corporate
|
|
|
10,805 |
|
|
|
9,705 |
|
|
|
8,101 |
|
|
|
|
|
|
|
|
|
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Total
|
|
$ |
32,968 |
|
|
$ |
30,425 |
|
|
$ |
28,566 |
|
|
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|
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Expenditures for long-lived
assets:
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Pet segment
|
|
$ |
9,694 |
|
|
$ |
15,540 |
|
|
$ |
9,953 |
|
Garden segment
|
|
|
7,496 |
|
|
|
4,138 |
|
|
|
5,902 |
|
Corporate
|
|
|
7,982 |
|
|
|
19,914 |
|
|
|
15,708 |
|
|
|
|
|
|
|
|
|
|
|
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Total
|
|
$ |
25,172 |
|
|
$ |
39,592 |
|
|
$ |
31,563 |
|
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