Quarterly Financial Data - Unaudited |
Quarterly Financial Data – Unaudited
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Fiscal 2019 |
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1st Quarter
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2nd Quarter
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3rd Quarter
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4th Quarter
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(in thousands, except per share amounts) |
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Net sales |
$ |
461,990 |
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$ |
673,701 |
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$ |
706,575 |
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$ |
540,744 |
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Gross profit |
130,182 |
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206,051 |
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219,284 |
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148,524 |
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Net income attributable to Central Garden & Pet Company |
1,803 |
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42,391 |
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46,152 |
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2,440 |
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Net income per share: |
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Basic |
$ |
0.03 |
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$ |
0.74 |
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$ |
0.81 |
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$ |
0.04 |
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Diluted |
$ |
0.03 |
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$ |
0.73 |
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$ |
0.80 |
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$ |
0.04 |
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Weighted average common shares outstanding: |
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Basic |
56,903 |
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57,050 |
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57,319 |
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56,017 |
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Diluted |
58,001 |
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58,026 |
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57,985 |
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56,618 |
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Fiscal 2018 |
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1st Quarter
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2nd Quarter
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3rd Quarter
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4th Quarter
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(in thousands, except per share amounts) |
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Net sales |
$ |
442,011 |
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$ |
613,094 |
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$ |
657,943 |
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$ |
502,314 |
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Gross profit |
131,837 |
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194,457 |
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202,064 |
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147,018 |
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Net income (loss) attributable to Central Garden & Pet Company |
26,247 |
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(1 |
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45,234 |
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41,545 |
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10,568 |
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(1 |
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Net income (loss) per share: |
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Basic |
$ |
0.52 |
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$ |
0.89 |
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$ |
0.81 |
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$ |
0.20 |
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Diluted |
$ |
0.50 |
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(1 |
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$ |
0.86 |
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$ |
0.79 |
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$ |
0.19 |
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(1 |
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Weighted average common shares outstanding: |
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Basic |
50,730 |
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50,871 |
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51,134 |
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54,059 |
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Diluted |
52,695 |
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52,658 |
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52,575 |
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55,376 |
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(1) Net income attributable to Central Garden & Pet Company was impacted by a provisional tax benefit of $16.3 million recorded in the first quarter of fiscal 2018 and a tax benefit of $5.2 million recorded in the fourth quarter of fiscal 2018, for a total fiscal 2018 year-to-date tax benefit of $21.5 million.
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