| 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).
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Three Months Ended |
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December 26,
2015
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December 27,
2014
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Net sales:
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Pet segment
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|
$ |
248,662 |
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$ |
199,320 |
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Garden segment
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|
111,150 |
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|
108,000 |
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Total net sales
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$ |
359,812 |
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$ |
307,320 |
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Income (loss) from operations:
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Pet segment
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|
26,195 |
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|
20,575 |
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Garden segment
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|
(3,254 |
) |
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|
(3,535 |
) |
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Corporate
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|
(14,168 |
) |
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(15,902 |
) |
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Total income from operations
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|
8,773 |
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|
1,138 |
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Interest expense - net
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|
(22,123 |
) |
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|
(10,432 |
) |
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Other expense
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|
|
(473 |
) |
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|
(368 |
) |
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Income tax benefit
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|
(5,200 |
) |
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|
(3,969 |
) |
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Loss including noncontrolling interest
|
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|
(8,623 |
) |
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|
(5,693 |
) |
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Net income (loss) attributable to noncontrolling interest
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|
|
(21 |
) |
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|
4 |
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Net loss attributable to Central Garden & Pet Company
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|
$ |
(8,602 |
) |
|
$ |
(5,697 |
) |
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Depreciation and amortization:
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Pet segment
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$ |
4,464 |
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|
|
3,941 |
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Garden segment
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|
1,685 |
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|
|
1,566 |
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Corporate
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|
2,883 |
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|
2,957 |
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Total depreciation and amortization
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|
$ |
9,032 |
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$ |
8,464 |
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December 26,
2015
|
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|
December 27,
2014
|
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|
September 26,
2015
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Assets:
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Pet segment
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|
$ |
540,218 |
|
|
$ |
425,528 |
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$ |
465,171 |
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Garden segment
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|
342,811 |
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|
|
350,835 |
|
|
|
310,981 |
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Corporate
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|
328,180 |
|
|
|
407,944 |
|
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|
355,445 |
|
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Total assets
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|
$ |
1,211,209 |
|
|
$ |
1,184,307 |
|
|
$ |
1,131,597 |
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Goodwill (included in corporate assets above):
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Pet segment
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$ |
209,089 |
|
|
$ |
208,233 |
|
|
$ |
209,089 |
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