Annual report pursuant to Section 13 and 15(d)

Quarterly Financial Data - Unaudited (Tables)

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Quarterly Financial Data - Unaudited (Tables)
12 Months Ended
Sep. 26, 2015
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Data - Unaudited
     Fiscal 2015  
     1st Quarter     2nd Quarter      3rd Quarter      4th Quarter  
     (in thousands, except per share amounts)  

Net sales

   $ 307,320      $ 497,602       $ 459,446       $ 386,369   

Gross profit

     87,981        150,062         142,037         107,972   

Net income (loss) attributable to Central Garden & Pet Company

     (5,697     23,237         18,800         (4,369 ) (1) 

Net income (loss) per share:

          

Basic

   $ (0.12   $ 0.48       $ 0.39       $ (0.09

Diluted

   $ (0.12   $ 0.47       $ 0.38       $ (0.09

Weighted average common shares outstanding:

          

Basic

     49,379        48,384         48,167         48,322   

Diluted

     49,379        49,439         49,290         48,322   

 

     Fiscal 2014  
     1st Quarter     2nd Quarter      3rd Quarter     4th Quarter  
     (in thousands, except per share amounts)  

Net sales

   $ 290,521      $ 501,611       $ 437,987      $ 374,238   

Gross profit

     79,741        147,596         119,131        107,556   

Net income (loss) attributable to Central Garden & Pet Company

     (12,708     20,895         4,687  (2)      (4,070 ) (2) 

Net income (loss) per share:

         

Basic

   $ (0.26   $ 0.43       $ 0.10      $ (0.08

Diluted

   $ (0.26   $ 0.43       $ 0.09      $ (0.08

Weighted average common shares outstanding:

         

Basic

     48,368        48,688         49,148        49,324   

Diluted

     48,368        49,116         49,841        49,324   

 

(1) The Company recognized a $7.3 million non-cash impairment charge to its indefinite-lived intangible assets as a result of increased competition and declining sales volume in its Pet segment during the fourth quarter of fiscal 2015.
(2) The Company recognized a $16.9 million charge related to certain products introduced in fiscal 2013 and a $2.0 million gain on the sale of manufacturing plant assets in its Garden segment during the third quarter of fiscal 2014, as well as a $2.9 million gain on the sale of manufacturing plant assets in its Garden segment in the fourth quarter of fiscal 2014.