Financial Information Relating to Company's Business Segments |
These operating segments are Pet segment and Garden segment and are presented in the table below (in thousands).
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Three Months Ended |
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December 29, 2018 |
|
December 30, 2017 |
Net sales: |
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Pet segment |
|
$ |
340,416 |
|
|
$ |
325,084 |
|
Garden segment |
|
121,574 |
|
|
116,927 |
|
Total net sales |
|
$ |
461,990 |
|
|
$ |
442,011 |
|
Operating Income |
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|
|
|
Pet segment |
|
29,755 |
|
|
36,176 |
|
Garden segment |
|
(4,637 |
) |
|
2,300 |
|
Corporate |
|
(14,937 |
) |
|
(15,955 |
) |
Total operating income |
|
10,181 |
|
|
22,521 |
|
Interest expense - net |
|
(8,077 |
) |
|
(7,218 |
) |
Other expense |
|
(192 |
) |
|
(3,089 |
) |
Income tax expense (benefit) |
|
273 |
|
|
(14,236 |
) |
Income including noncontrolling interest |
|
1,639 |
|
|
26,450 |
|
Net income (loss) attributable to noncontrolling interest |
|
(164 |
) |
|
203 |
|
Net income attributable to Central Garden & Pet Company |
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$ |
1,803 |
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$ |
26,247 |
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Depreciation and amortization: |
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Pet segment |
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$ |
8,056 |
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$ |
7,145 |
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Garden segment |
|
2,826 |
|
|
1,569 |
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Corporate |
|
1,470 |
|
|
2,449 |
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Total depreciation and amortization |
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$ |
12,352 |
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$ |
11,163 |
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December 29, 2018 |
|
December 30, 2017 |
|
September 29, 2018 |
Assets: |
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Pet segment |
|
$ |
677,647 |
|
|
$ |
620,681 |
|
|
$ |
683,938 |
|
Garden segment |
|
453,331 |
|
|
356,821 |
|
|
407,483 |
|
Corporate |
|
819,868 |
|
|
639,850 |
|
|
815,788 |
|
Total assets |
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$ |
1,950,846 |
|
|
$ |
1,617,352 |
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|
$ |
1,907,209 |
|
Goodwill (included in corporate assets above): |
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Pet segment |
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$ |
268,289 |
|
|
$ |
250,802 |
|
|
$ |
268,289 |
|
Garden segment |
|
12,888 |
|
|
5,473 |
|
|
12,888 |
|
Total goodwill |
|
$ |
281,177 |
|
|
$ |
256,275 |
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|
$ |
281,177 |
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