Annual report pursuant to Section 13 and 15(d)

Business Segment Data (Tables)

v3.10.0.1
Business Segment Data (Tables)
12 Months Ended
Sep. 29, 2018
Segment Reporting [Abstract]  
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
2018
 
2017
 
2016
 
Other pet products
$
896.5

 
$
841.4

 
$
689.3

 
Other garden supplies
528.8

 
464.9

 
331.3

 
Dog and cat products
444.4

 
405.0

 
326.0

 
Garden controls and fertilizer products
345.7

 
343.2

 
298.8

 
Wild bird feed

(1)

(1)
183.6

 
Total
$
2,215.4

 
$
2,054.5

 
$
1,829.0

 
See Note 4 - Concentration of Credit Risk and Significant Customers and Suppliers for the Company’s largest customers by segment.
(1) The product category was less than 10% of the Company's consolidated net sales in the period.
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 (in thousands): 
 
Fiscal Year Ended
 
 
September 29, 2018
 
September 30, 2017
 
September 24, 2016
 
Net sales:
 
 
 
 
 
 
Pet segment
$
1,340,899

  
$
1,246,354

  
$
1,081,853

  
Garden segment
874,463

  
808,124

  
747,164

  
Total
$
2,215,362

  
$
2,054,478

  
$
1,829,017

  
Operating income (loss):
 
 
 
 
 
 
Pet segment
$
140,353


$
131,622

 
$
119,930

(1)
Garden segment
95,551

  
87,298


70,317

 
Corporate
(68,568
)
 
(62,808
)
 
(60,889
)
 
Total
167,336

 
156,112

 
129,358

 
Interest expense
(39,196
)
 
(28,209
)
 
(42,847
)
 
Interest income
3,145

  
147

  
140

 
Other expense
(3,860
)
 
(1,621
)
 
(17,013
)
(2)
Income before income taxes and noncontrolling interest
127,425

  
126,429

  
69,638

 
Income tax expense
3,305

  
46,699

  
24,053

 
Net income including noncontrolling interest
124,120

  
79,730

  
45,585

 
Net income attributable to noncontrolling interest
526

  
902

  
1,071

 
Net income attributable to Central Garden & Pet Company
$
123,594

  
$
78,828

  
$
44,514

 
Assets:
 
 
 
 
 
 
Pet segment
$
683,938

  
$
612,337

  
$
508,879

  
Garden segment
407,483

  
311,026

  
304,901

  
Corporate and eliminations
815,788

  
383,543

  
366,903

  
Total
$
1,907,209

  
$
1,306,906

  
$
1,180,683

  
Depreciation and amortization:
 
 
 
 
 
 
Pet segment
$
29,889

  
$
26,044

  
$
22,556

  
Garden segment
8,744

  
6,267

  
6,098

  
Corporate
8,566

  
10,408

  
11,347

  
Total
$
47,199

  
$
42,719

  
$
40,001

  
Expenditures for long-lived assets:
 
 
 
 
 
 
Pet segment
$
26,979

  
$
38,970

  
$
18,939

  
Garden segment
8,016

  
4,948

  
4,750

  
Corporate
2,850

  
741

  
3,933

  
Total
$
37,845

  
$
44,659

  
$
27,622

  
Noncontrolling interest is associated with the Garden segment.
(1)
Includes a $1.8 million impairment charge in fiscal 2016.
(2)
Includes a $16.6 million impairment charge related to two equity method investments in fiscal 2016.