Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.21.1
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Mar. 27, 2021
Mar. 28, 2020
Mar. 27, 2021
Mar. 28, 2020
Income Statement [Abstract]        
Net sales $ 935,252 $ 703,229 $ 1,527,482 $ 1,186,057
Cost of goods sold 662,851 496,112 1,089,662 847,674
Gross profit 272,401 207,117 437,820 338,383
Selling, general and administrative expenses 167,791 141,012 306,170 270,213
Operating income 104,610 66,105 131,650 68,170
Interest expense (10,222) (10,753) (31,197) (21,394)
Interest income 71 1,417 277 3,421
Other income (expense) 704 (979) 1,456 (674)
Income before income taxes and noncontrolling interest 95,163 55,790 102,186 49,523
Income tax expense 21,564 12,648 22,945 10,920
Income including noncontrolling interest 73,599 43,142 79,241 38,603
Net income attributable to noncontrolling interest 645 438 674 316
Net income attributable to Central Garden & Pet Company $ 72,954 $ 42,704 $ 78,567 $ 38,287
Net income per share attributable to Central Garden & Pet Company:        
Basic (in dollars per share) $ 1.35 $ 0.79 $ 1.46 $ 0.70
Diluted (in dollars per share) $ 1.32 $ 0.78 $ 1.43 $ 0.69
Weighted average shares used in the computation of net income per share:        
Basic (in shares) 53,851 54,281 53,805 54,517
Diluted (in shares) 55,156 54,952 54,930 55,220