| Financial Information Relating to Company's Business Segments |
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Three Months Ended |
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December 26, 2020 |
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December 28, 2019 |
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(in thousands) |
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| Net sales: |
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| Pet segment |
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$ |
436,410 |
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$ |
366,591 |
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| Garden segment |
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155,820 |
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116,237 |
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| Total net sales |
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$ |
592,230 |
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$ |
482,828 |
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| Operating Income |
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| Pet segment |
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43,525 |
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28,737 |
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| Garden segment |
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4,651 |
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(6,883) |
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| Corporate |
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(21,136) |
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(19,789) |
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| Total operating income |
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27,040 |
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2,065 |
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| Interest expense - net |
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(20,769) |
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(8,637) |
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| Other income |
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752 |
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305 |
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| Income tax expense (benefit) |
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1,381 |
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(1,728) |
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| Income (loss) including noncontrolling interest |
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5,642 |
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(4,539) |
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| Net income (loss) attributable to noncontrolling interest |
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29 |
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(122) |
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| Net income (loss) attributable to Central Garden & Pet Company |
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$ |
5,613 |
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$ |
(4,417) |
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| Depreciation and amortization: |
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| Pet segment |
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$ |
9,085 |
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$ |
9,072 |
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| Garden segment |
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2,638 |
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2,713 |
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| Corporate |
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1,192 |
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1,355 |
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| Total depreciation and amortization |
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$ |
12,915 |
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$ |
13,140 |
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December 26, 2020 |
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December 28, 2019 |
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September 26, 2020 |
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(in thousands) |
| Assets: |
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| Pet segment |
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$ |
911,787 |
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$ |
884,564 |
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$ |
877,901 |
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| Garden segment |
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599,097 |
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470,413 |
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481,401 |
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| Corporate |
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935,215 |
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780,180 |
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980,062 |
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| Total assets |
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$ |
2,446,099 |
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$ |
2,135,157 |
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$ |
2,339,364 |
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| Goodwill (included in corporate assets above): |
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| Pet segment |
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$ |
277,067 |
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$ |
276,966 |
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$ |
277,067 |
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| Garden segment |
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12,888 |
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12,888 |
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12,888 |
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| Total goodwill |
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$ |
289,955 |
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$ |
289,854 |
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$ |
289,955 |
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The tables below presents the Company's disaggregated revenues by segment:
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Three Months Ended December 26, 2020 |
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Pet Segment |
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Garden Segment |
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Total |
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(in millions) |
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| Other pet products |
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$ |
182.2 |
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$ |
— |
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$ |
182.2 |
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| Dog and cat products |
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155.5 |
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— |
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155.5 |
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| Other manufacturers' products |
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98.7 |
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44.0 |
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142.7 |
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| Garden controls and fertilizer products |
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— |
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29.1 |
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29.1 |
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| Other garden supplies |
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— |
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82.7 |
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82.7 |
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| Total |
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$ |
436.4 |
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$ |
155.8 |
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$ |
592.2 |
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Three Months Ended December 28, 2019 |
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Pet Segment |
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Garden Segment |
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Total |
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(in millions) |
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| Other pet products |
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$ |
150.9 |
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$ |
— |
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$ |
150.9 |
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| Dog and cat products |
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129.9 |
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— |
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129.9 |
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| Other manufacturers' products |
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85.8 |
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29.8 |
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115.6 |
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| Garden controls and fertilizer products |
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— |
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23.1 |
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23.1 |
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| Other garden supplies |
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— |
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63.3 |
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63.3 |
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| Total |
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$ |
366.6 |
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$ |
116.2 |
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$ |
482.8 |
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