Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (unaudited)

v3.20.1
Condensed Consolidated Statements of Operations (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Mar. 28, 2020
Mar. 30, 2019
Mar. 28, 2020
Mar. 30, 2019
Income Statement [Abstract]        
Net sales $ 703,229 $ 673,701 $ 1,186,057 $ 1,135,691
Cost of goods sold and occupancy 496,112 467,650 847,674 799,458
Gross profit 207,117 206,051 338,383 336,233
Selling, general and administrative expenses 141,012 143,898 270,213 263,899
Operating income 66,105 62,153 68,170 72,334
Interest expense (10,753) (10,640) (21,394) (21,254)
Interest income 1,417 2,255 3,421 4,792
Other income (expense) (979) 500 (674) 308
Income before income taxes and noncontrolling interest 55,790 54,268 49,523 56,180
Income tax expense 12,648 11,546 10,920 11,819
Income including noncontrolling interest 43,142 42,722 38,603 44,361
Net income attributable to noncontrolling interest 438 331 316 167
Net income attributable to Central Garden & Pet Company $ 42,704 $ 42,391 $ 38,287 $ 44,194
Net income per share attributable to Central Garden & Pet Company:        
Basic (in dollars per share) $ 0.79 $ 0.74 $ 0.70 $ 0.78
Diluted (in dollars per share) $ 0.78 $ 0.73 $ 0.69 $ 0.76
Weighted average shares used in the computation of net income per share:        
Basic (in shares) 54,281 57,050 54,517 56,976
Diluted (in shares) 54,952 58,026 55,220 58,013