Segment Information (Tables)

6 Months Ended

Mar. 26, 2022

Segment Reporting [Abstract]

Schedule of Financial Information Relating to Company's Business Segments

These operating segments are the Pet segment and the Garden segment and are presented in the table below.

 

	Three Months Ended				Six Months Ended
	March 26, 2022		March 27, 2021		March 26, 2022		March 27, 2021
	(in thousands)
Net sales:
Pet segment	$	497,640	$	491,972	$	933,642	$	928,382
Garden segment	456,730		443,280		$	682,126	599,100
Total net sales	$	954,370	$	935,252	$	1,615,768	$	1,527,482
Operating Income
Pet segment	60,645		62,058		105,896		105,583
Garden segment	70,511		65,962		76,568		70,613
Corporate	(24,311)		(23,410)		(49,405)		(44,546)
Total operating income	106,845		104,610		133,059		131,650
Interest expense - net	(14,702)		(10,151)		(29,110)		(30,920)
Other income (expense)	(369)		704		(578)		1,456
Income tax expense	21,488		21,564		23,889		22,945
Income including noncontrolling interest	70,286		73,599		79,482		79,241
Net income attributable to noncontrolling interest	573		645		760		674
Net income attributable to Central Garden & Pet Company	$	69,713	$	72,954	$	78,722	$	78,567
Depreciation and amortization:
Pet segment	$	9,539	$	8,882	$	19,088	$	17,967
Garden segment	7,719		8,804		17,339		11,442
Corporate	989		1,168		2,022		2,360
Total depreciation and amortization	$	18,247	$	18,854	$	38,449	$	31,769

 

	March 26, 2022		March 27, 2021		September 25, 2021
	(in thousands)
Assets:
Pet segment	$	1,101,814	$	980,769	$	966,437
Garden segment	1,634,158		1,511,136		1,313,899
Corporate	613,286		355,197		836,344
Total assets	$	3,349,258	$	2,847,102	$	3,116,680
Goodwill (included in corporate assets above):
Pet segment	$	277,067	$	277,067	$	277,067
Garden segment	234,906		12,888		92,324
Total goodwill	$	511,973	$	289,955	$	369,391

The tables below presents the Company's disaggregated revenues by segment:

	Three Months Ended March 26, 2022						Six Months Ended March 26, 2022
	Pet Segment		Garden Segment		Total		Pet Segment		Garden Segment		Total
	(in millions)						(in millions)
Other pet products	$	223.7	$	—	$	223.7	$	377.4	$	—	$	377.4
Dog and cat products	129.3		—		129.3		274.2		—		274.2
Other manufacturers' products	98.5		95.4		193.9		203.0		144.8		347.8
Wild bird products	46.1		72.8		118.9		79.0		127.5		206.5
Other garden supplies	—		288.5		288.5		—		409.8		409.8
Total	$	497.6	$	456.7	$	954.3	$	933.6	$	682.1	$	1,615.7

	Three Months Ended March 27, 2021						Six Months Ended March 27, 2021
	Pet Segment		Garden Segment		Total		Pet Segment		Garden Segment		Total
	(in millions)						(in millions)
Other pet products	$	212.1	$	—	$	212.1	$	360.4	$	—	$	360.4
Dog and cat products	133.3		—		133.3		284.7		—		284.7
Other manufacturers' products	99.2		89.2		188.4		197.9		148.9		346.8
Wild bird products	47.4		44.0		91.4		85.4		74.6		160.0
Other garden supplies	—		310.1		310.1		—		375.6		375.6
Total	$	492.0	$	443.3	$	935.3	$	928.4	$	599.1	$	1,527.5