| Financial Information Relating to Company's Business Segments |
These operating segments are Pet segment and Garden segment and are
presented in the table below (in thousands).
|
|
|
|
|
|
|
|
|
| |
|
Three Months Ended |
|
| |
|
December 27,
2014
|
|
|
December 28,
2013
|
|
|
Net sales:
|
|
|
|
|
|
|
|
|
|
Pet segment
|
|
$ |
199,320 |
|
|
$ |
184,605 |
|
|
Garden segment
|
|
|
108,000 |
|
|
|
105,916 |
|
|
|
|
|
|
|
|
|
|
|
Total net sales
|
|
$ |
307,320 |
|
|
$ |
290,521 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income (loss) from operations:
|
|
|
|
|
|
|
|
|
|
Pet segment
|
|
|
20,575 |
|
|
|
14,386 |
|
|
Garden segment
|
|
|
(3,535 |
) |
|
|
(6,231 |
) |
|
Corporate
|
|
|
(15,902 |
) |
|
|
(16,510 |
) |
|
|
|
|
|
|
|
|
|
|
Total income (loss) from operations
|
|
|
1,138 |
|
|
|
(8,355 |
) |
|
|
|
|
|
|
|
|
|
|
Interest expense—net
|
|
|
(10,432 |
) |
|
|
(12,204 |
) |
|
Other expense
|
|
|
(368 |
) |
|
|
(168 |
) |
|
Income tax benefit
|
|
|
(3,969 |
) |
|
|
(7,915 |
) |
|
|
|
|
|
|
|
|
|
|
Loss including noncontrolling interest
|
|
|
(5,693 |
) |
|
|
(12,812 |
) |
|
Net income (loss) attributable to noncontrolling interest
|
|
|
4 |
|
|
|
(104 |
) |
|
|
|
|
|
|
|
|
|
|
Net loss attributable to Central Garden & Pet Company
|
|
$ |
(5,697 |
) |
|
$ |
(12,708 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Depreciation and amortization:
|
|
|
|
|
|
|
|
|
|
Pet segment
|
|
|
3,941 |
|
|
|
3,886 |
|
|
Garden segment
|
|
|
1,566 |
|
|
|
1,573 |
|
|
Corporate
|
|
|
2,957 |
|
|
|
2,861 |
|
|
|
|
|
|
|
|
|
|
|
Total depreciation and amortization
|
|
$ |
8,464 |
|
|
$ |
8,320 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
December 27,
2014
|
|
|
December 28,
2013
|
|
|
September 27,
2014
|
|
|
Assets:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pet segment
|
|
$ |
425,528 |
|
|
$ |
406,000 |
|
|
$ |
414,279 |
|
|
Garden segment
|
|
|
350,835 |
|
|
|
394,193 |
|
|
|
337,461 |
|
|
Corporate
|
|
|
412,600 |
|
|
|
355,775 |
|
|
|
396,987 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total assets
|
|
$ |
1,188,963 |
|
|
$ |
1,155,968 |
|
|
$ |
1,148,727 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Goodwill (included in corporate assets above):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pet segment
|
|
$ |
208,233 |
|
|
$ |
205,756 |
|
|
$ |
208,233 |
|
|