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Quarterly Financial Data - Unaudited (Tables) | 12 Months Ended
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Sep. 24, 2016
Quarterly Financial Information Disclosure [Abstract] |
Schedule of Quarterly Financial Data - Unaudited |
| Fiscal 2016 |  |
| 1 st Quarter |  | 2 nd Quarter |  | 3 rd Quarter |  | 4 th Quarter |  |
| (in thousands, except per share amounts) |  |
Net sales | $ | 359,812 |  |  | $ | 541,249 |  |  | $ | 514,544 |  |  | $ | 413,412 |  |  |
Gross profit | 99,786 |  |  | 169,339 |  |  | 163,745 |  |  | 120,180 |  |  |
Net income (loss) attributable to Central Garden & Pet Company | (8,602 | ) | (1 | ) | 32,697 |  |  | 26,030 |  | (2 | ) | (5,611 | ) |  | (3)
Net income (loss) per share: |  |  |  |  |  |  |  |  |
Basic | $ | (0.18 | ) |  | $ | 0.67 |  |  | $ | 0.53 |  |  | $ | (0.11 | ) |  |
Diluted | $ | (0.18 | ) |  | $ | 0.65 |  |  | $ | 0.51 |  |  | $ | (0.11 | ) |  |
Weighted average common shares outstanding: |  |  |  |  |  |  |  |  |
Basic | 48,566 |  |  | 48,717 |  |  | 49,120 |  |  | 49,453 |  |  |
Diluted | 48,566 |  |  | 50,445 |  |  | 51,063 |  |  | 49,453 |  |  |
| Fiscal 2015 |  |
| 1 st Quarter |  | 2 nd Quarter |  | 3 rd Quarter |  | 4 th Quarter |  |
| (in thousands, except per share amounts) |  |
Net sales | $ | 307,320 |  |  | $ | 497,602 |  |  | $ | 459,446 |  |  | $ | 386,369 |  |  |
Gross profit | 87,981 |  |  | 150,062 |  |  | 142,037 |  |  | 107,972 |  |  |
Net income (loss) attributable to Central Garden & Pet Company | (5,697 | ) |  | 23,237 |  |  | 18,800 |  |  | (4,369 | ) |  | (4)
Net income (loss) per share: |  |  |  |  |  |  |  |  |
Basic | $ | (0.12 | ) |  | $ | 0.48 |  |  | $ | 0.39 |  |  | $ | (0.09 | ) |  |
Diluted | $ | (0.12 | ) |  | $ | 0.47 |  |  | $ | 0.38 |  |  | $ | (0.09 | ) |  |
Weighted average common shares outstanding: |  |  |  |  |  |  |  |  |
Basic | 49,379 |  |  | 48,384 |  |  | 48,167 |  |  | 48,322 |  |  |
Diluted | 49,379 |  |  | 49,439 |  |  | 49,290 |  |  | 48,322 |  |  |
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(1) | During the first quarter of fiscal 2016, the Company redeemed its 2018 Notes and issued senior notes due November 2023. As a result of the bond redemption, the Company incurred incremental expenses of $14.3 million, comprised of a call premium payment of $8.3 million, a $2.7 million payment of overlapping interest expense for 30 days and a $3.3 million non-cash charge for the write off of unamortized deferred financing costs and discount related to the 2018 Notes.
(2) | The Company recognized a $2.4 million gain in our Pet segment from the sale of a manufacturing plant resulting from rationalizing our facilities to reduce excess capacity during the third quarter of fiscal 2016.
(3) | The Company recognized a non-cash impairment charge of $16.6 million related to our investment in two joint ventures as a result of changes in marketplace conditions, and a non-cash impairment charge in our Pet segment of $1.8 million related to the impairment of certain indefinite-lived intangible assets due to declining sales volume during the fourth quarter of fiscal 2016.
(4) | The Company recognized a $7.3 million non-cash impairment charge to its indefinite-lived intangible assets as a result of increased competition and declining sales volume in its Pet segment during the fourth quarter of fiscal 2015.

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- Definition Tabular disclosure of the quarterly financial data in the annual financial statements. The disclosure includes financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income (loss) before extraordinary items and cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=51825399&loc=d3e1280-108306 + Details
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