Central Garden & Pet Company Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Acquisitions and Investments in Joint Ventures (Tables)

Acquisitions and Investments in Joint Ventures (Tables)

12 Months Ended

Sep. 30, 2017

Summary of Recording of Fair Values of Assets Acquired and Liabilities Assumed

The following table summarizes the purchase price and the recording of fair values of the assets acquired and liabilities assumed as of the acquisition date and subsequent adjustments (in thousands):



	Amounts Previously Recognized as of Acquisition Date (1)			Measurement Period Adjustments			Amounts Recognized as of Acquisition Date (as Adjusted)
Purchase Price
Cash paid, net of cash acquired	$	54,043		$	—		$	54,043
Contingent consideration	6,000			(3,300		)	2,700
	$	60,043		$	(3,300	)	$	56,743

Allocation
Current assets, net of cash and cash equivalents acquired	$	7,403		$	(300	)	$	7,103
Fixed assets	7,011			2,242			9,253
Other assets	47,704			(47,704		)	—
Goodwill				25,890			25,890
Other intangible assets				27,650			27,650
Current liabilities	(2,075		)				(2,075		)
Deferred Tax Liability				(11,078		)	(11,078		)
	$	60,043		$	(3,300	)	$	56,743

(1) As previously reported in the Company's Form 10-Q for the periods ended December 24, 2016, March 25, 2017 and June 24, 2017.

DMC

Business Acquisition [Line Items]

Summary of Recording of Fair Values of Assets Acquired and Liabilities Assumed

The following table summarizes the preliminary recording of fair values of the assets acquired and liabilities assumed as of the acquisition date and subsequent adjustments:



In thousands	Amounts Previously Recognized as of Acquisition Date (1)			Measurement Period Adjustments			Amounts Recognized as of Acquisition Date (as Adjusted)
Current assets, net of cash and cash equivalents acquired	$	41,170		$	156		$	41,326
Fixed assets	521			17			538
Goodwill	—			15,058			15,058
Other assets	33,810			(33,790		)	20
Other intangible assets, net	—			18,700			18,700
Current liabilities	(14,586		)	(40		)	(14,626		)
Net assets acquired, less cash and cash equivalents	$	60,915		$	101		$	61,016

(1) As previously reported in the Company's Form 10-Q for the periods ended December 26, 2015, March 26, 2016 and June 25, 2016

Business Acquisition, Pro Forma Information

The following pro forma net sales information has been prepared for comparative purposes only and is not necessarily indicative of the net sales of the Company as they would have been had the acquisitions occurred on the assumed dates, nor are they necessarily an indication of future net sales.



	In thousands (unaudited)
	Fiscal Year Ended
	September 24, 2016		September 26, 2015
Pro forma net sales	$	1,856,691	$	1,815,997

IMS Trading Corp

Business Acquisition [Line Items]

Summary of Recording of Fair Values of Assets Acquired and Liabilities Assumed

The following table summarizes the preliminary recording of the fair values of the assets acquired and liabilities assumed as of the acquisition date and subsequent adjustments:



In thousands	Amounts Previously Recognized as of Acquisition Date (1)			Measurement Period Adjustments			Amounts Recognized as of Acquisition Date (as Adjusted)
Current assets, net of cash and cash equivalents acquired	$	20,458		$	315		$	20,773
Fixed assets	1,670			—			1,670
Goodwill	—			1,365			1,365
Other assets	5,356			(5,356		)	—
Other intangible assets, net	—			4,510			4,510
Current liabilities	(5,100		)	—			(5,100		)
Net assets acquired, less cash and cash equivalents	$	22,384		$	834		$	23,218

(1) As previously reported in the Company's Form 10-K for the period ended September 26, 2015 and the Company's Form 10-Q for the period ended December 26, 2015