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Segment Information
3 Months Ended
Dec. 26, 2015
Segment Reporting [Abstract]  
Segment Information
11. Segment Information

Management has determined that the Company has two operating segments which are also reportable segments based on the level at which the Chief Operating Decision Maker reviews the results of operations to make decisions regarding performance assessment and resource allocation. These operating segments are Pet segment and Garden segment and are presented in the table below (in thousands).

 

     Three Months Ended  
     December 26,
2015
    December 27,
2014
 

Net sales:

    

Pet segment

   $ 248,662      $ 199,320   

Garden segment

     111,150        108,000   
  

 

 

   

 

 

 

Total net sales

   $ 359,812      $ 307,320   
  

 

 

   

 

 

 

Income (loss) from operations:

    

Pet segment

     26,195        20,575   

Garden segment

     (3,254     (3,535

Corporate

     (14,168     (15,902
  

 

 

   

 

 

 

Total income from operations

     8,773        1,138   
  

 

 

   

 

 

 

Interest expense - net

     (22,123     (10,432

Other expense

     (473     (368

Income tax benefit

     (5,200     (3,969
  

 

 

   

 

 

 

Loss including noncontrolling interest

     (8,623     (5,693

Net income (loss) attributable to noncontrolling interest

     (21     4   
  

 

 

   

 

 

 

Net loss attributable to Central Garden & Pet Company

   $ (8,602   $ (5,697
  

 

 

   

 

 

 

Depreciation and amortization:

    

Pet segment

   $ 4,464        3,941   

Garden segment

     1,685        1,566   

Corporate

     2,883        2,957   
  

 

 

   

 

 

 

Total depreciation and amortization

   $ 9,032      $ 8,464   
  

 

 

   

 

 

 

 

     December 26,
2015
     December 27,
2014
     September 26,
2015
 

Assets:

        

Pet segment

   $ 540,218       $ 425,528       $ 465,171   

Garden segment

     342,811         350,835         310,981   

Corporate

     328,180         407,944         355,445   
  

 

 

    

 

 

    

 

 

 

Total assets

   $ 1,211,209       $ 1,184,307       $ 1,131,597   
  

 

 

    

 

 

    

 

 

 

Goodwill (included in corporate assets above):

        

Pet segment

   $ 209,089       $ 208,233       $ 209,089