Annual report pursuant to Section 13 and 15(d)

Business Segment Data (Tables)

v3.22.2.2
Business Segment Data (Tables)
 12 Months Ended
Sep. 24, 2022
Segment Reporting [Abstract]  
Schedule of Class of Similar Products Which Represented Approximately 10% or More of Company's Consolidated Net Sales The following table indicates each class of similar products which represented approximately 10% or more of the Company’s consolidated net sales in the fiscal years presented (in millions).
Category 2022 2021 2020
(in millions)
Other garden products $ 865.3  $ 876.6  $ 491.7 
Other pet products 765.9  767.0  821.1 
Other manufacturers' products 730.2 749.1 600.7 
Dog & cat products 542.9 570.9  502.1 
Wild bird 434.3 340.1  —  (1)
Controls & fertilizer products —  (1) —  (1) 279.9 
Total $ 3,338.6  $ 3,303.7  $ 2,695.5 
(1) The product category was less than 10% of our consolidated net sales in the period.
Schedule of Financial Information Relating to Company's Business Segments
Financial information relating to the Company’s business segments for each of the three most recent fiscal years is presented in the table below:
  Fiscal Year Ended
  September 24, 2022   September 25, 2021   September 26, 2020
(in thousands)
Net sales:
Pet segment $ 1,878,110     $ 1,894,929     $ 1,678,027 
Garden segment 1,460,478     1,408,755     1,017,482 
Total $ 3,338,588     $ 3,303,684     $ 2,695,509 
Operating income (loss):
Pet segment $ 208,924  $ 208,201  $ 171,369 
Garden segment 153,956     138,755  115,413 
Corporate (102,844) (92,460) (88,805)
Total 260,036  254,496  197,977 
Interest expense (58,253) (58,597) (44,016)
Interest income 719     415     4,027 
Other expense, net (3,596) (1,506) (4,250)
Income before income taxes and noncontrolling interest 198,906     194,808     153,738 
Income tax expense 46,234     42,035     32,218 
Net income including noncontrolling interest 152,672     152,773     121,520 
Net income attributable to noncontrolling interest 520     1,027     844 
Net income attributable to Central Garden & Pet Company $ 152,152     $ 151,746     $ 120,676 
Assets:
Pet segment $ 1,069,167     $ 966,437     $ 877,901 
Garden segment 1,405,802     1,313,899     481,401 
Corporate and eliminations 807,033     836,344     980,062 
Total $ 3,282,002     $ 3,116,680     $ 2,339,364 
Depreciation and amortization:
Pet segment $ 38,960     $ 36,952     $ 38,116 
Garden segment 36,583     33,050     10,590 
Corporate 5,405     4,725     6,653 
Total $ 80,948     $ 74,727     $ 55,359 
Expenditures for long-lived assets:
Pet segment $ 46,917     $ 44,919     $ 31,106 
Garden segment 65,126     34,043     8,177 
Corporate 3,162     1,371     3,772 
Total $ 115,205     $ 80,333     $ 43,055 
Noncontrolling interest is associated with the Garden segment.