Quarterly report pursuant to Section 13 or 15(d)

Segment Information

v3.8.0.1
Segment Information
3 Months Ended
Dec. 30, 2017
Segment Reporting [Abstract]  
Segment Information
Segment Information

Management has determined that the Company has two operating segments, which are also reportable segments based on the level at which the Chief Operating Decision Maker reviews the results of operations to make decisions regarding performance assessment and resource allocation. These operating segments are Pet segment and Garden segment and are presented in the table below (in thousands).
 
 
 
Three Months Ended
 
 
December 30,
2017
 
December 24,
2016
Net sales:
 
 
 
 
Pet segment
 
$
325,084

 
$
304,046

Garden segment
 
116,927

 
115,452

Total net sales
 
$
442,011

 
$
419,498

 
 
 
 
 
Pet segment
 
36,176

 
33,406

Garden segment
 
2,300

 
2,676

Corporate
 
(15,955
)
 
(16,144
)
Total operating income
 
22,521

 
19,938

Interest expense - net
 
(7,218
)
 
(6,835
)
Other expense
 
(3,089
)
 
(967
)
Income tax (benefit) expense
 
(14,236
)
 
4,347

Income including noncontrolling interest
 
26,450

 
7,789

Net income attributable to noncontrolling interest
 
203

 
152

Net income attributable to Central Garden & Pet Company
 
$
26,247

 
$
7,637

Depreciation and amortization:
 
 
 
 
Pet segment
 
$
7,145

 
5,830

Garden segment
 
1,569

 
1,507

Corporate
 
2,449

 
2,672

Total depreciation and amortization
 
$
11,163

 
$
10,009

 
 
 
December 30,
2017
 
December 24,
2016
 
September 30,
2017
Assets:
 
 
 
 
 
 
Pet segment
 
$
620,681

 
$
575,192

 
$
612,337

Garden segment
 
356,821

 
354,674

 
311,026

Corporate
 
639,850

 
286,888

 
383,543

Total assets
 
$
1,617,352

 
$
1,216,754

 
$
1,306,906

Goodwill (included in corporate assets above):
 
 
 
 
 
 
Pet segment
 
$
250,802

 
$
224,912

 
$
250,802

Garden segment
 
5,473

 
5,473

 
5,473

Total goodwill
 
$
256,275

 
$
230,385

 
$
256,275