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Consolidating Condensed Financial Information of Guarantor Subsidiaries (Tables) | 9 Months Ended
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Jun. 25, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
Consolidating Condensed Statement of Operations |
|  | CONSOLIDATING CONDENSED STATEMENT OF OPERATIONS |  |
|  | Three Months Ended June 25, 2016 |  |
|  | (in thousands) |  |
|  | Parent |  | Non- Guarantor Subsidiaries |  | Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net sales |  | $ | 162,751 |  |  | $ | 28,052 |  |  | $ | 350,013 |  |  | $ | (26,272 | ) |  | $ | 514,544 |
Cost of goods sold and occupancy |  | 128,517 |  |  | 18,274 |  |  | 228,343 |  |  | (24,335 | ) |  | 350,799 |
Gross profit |  | 34,234 |  |  | 9,778 |  |  | 121,670 |  |  | (1,937 | ) |  | 163,745 |
Selling, general and administrative expenses |  | 36,826 |  |  | 5,380 |  |  | 75,291 |  |  | (1,937 | ) |  | 115,560 |
Income (loss) from operations |  | (2,592 | ) |  | 4,398 |  |  | 46,379 |  |  | — |  |  | 48,185 |
Interest expense |  | (6,904 | ) |  | (53 | ) |  | (7 | ) |  | — |  |  | (6,964 | )
Interest income |  | 42 |  |  | 1 |  |  | — |  |  | — |  |  | 43 |
Other income (expense) |  | (108 | ) |  | (146 | ) |  | 572 |  |  | — |  |  | 318 |
Income (loss) before taxes and equity in earnings of affiliates |  | (9,562 | ) |  | 4,200 |  |  | 46,944 |  |  | — |  |  | 41,582 |
Income tax expense (benefit) |  | (3,517 | ) |  | 1,552 |  |  | 16,881 |  |  | — |  |  | 14,916 |
Equity in earnings of affiliates |  | 32,075 |  |  | — |  |  | 2,148 |  |  | (34,223 | ) |  | — |
Net income including noncontrolling interest |  | 26,030 |  |  | 2,648 |  |  | 32,211 |  |  | (34,223 | ) |  | 26,666 |
Net income attributable to noncontrolling interest |  | — |  |  | 636 |  |  | — |  |  | — |  |  | 636 |
Net income attributable to Central Garden & Pet Company |  | $ | 26,030 |  |  | $ | 2,012 |  |  | $ | 32,211 |  |  | $ | (34,223 | ) |  | $ | 26,030 |
|  | CONSOLIDATING CONDENSED STATEMENT OF OPERATIONS |  |
|  | Three Months Ended June 27, 2015 |  |
|  | (in thousands) |  |
|  | Parent |  | Non- Guarantor Subsidiaries |  | Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net sales |  | $ | 133,886 |  |  | $ | 31,291 |  |  | $ | 319,470 |  |  | $ | (25,201 | ) |  | $ | 459,446 |
Cost of goods sold and occupancy |  | 104,121 |  |  | 22,399 |  |  | 214,110 |  |  | (23,221 | ) |  | 317,409 |
Gross profit |  | 29,765 |  |  | 8,892 |  |  | 105,360 |  |  | (1,980 | ) |  | 142,037 |
Selling, general and administrative expenses |  | 31,223 |  |  | 5,461 |  |  | 68,340 |  |  | (1,980 | ) |  | 103,044 |
Income (loss) from operations |  | (1,458 | ) |  | 3,431 |  |  | 37,020 |  |  | — |  |  | 38,993 |
Interest expense |  | (8,924 | ) |  | (52 | ) |  | (2 | ) |  | — |  |  | (8,978 | )
Interest income |  | 6 |  |  | 1 |  |  | — |  |  | — |  |  | 7 |
Other income |  | 318 |  |  | — |  |  | 267 |  |  | — |  |  | 585 |
Income (loss) before taxes and equity in earnings of affiliates |  | (10,058 | ) |  | 3,380 |  |  | 37,285 |  |  | — |  |  | 30,607 |
Income tax expense (benefit) |  | (3,982 | ) |  | 1,265 |  |  | 14,201 |  |  | — |  |  | 11,484 |
Equity in earnings of affiliates |  | 24,876 |  |  | — |  |  | 1,780 |  |  | (26,656 | ) |  | — |
Net income including noncontrolling interest |  | 18,800 |  |  | 2,115 |  |  | 24,864 |  |  | (26,656 | ) |  | 19,123 |
Net income attributable to noncontrolling interest |  | — |  |  | 323 |  |  | — |  |  | — |  |  | 323 |
Net income attributable to Central Garden & Pet Company |  | $ | 18,800 |  |  | $ | 1,792 |  |  | $ | 24,864 |  |  | $ | (26,656 | ) |  | $ | 18,800 |
|  | CONSOLIDATING CONDENSED STATEMENT OF OPERATIONS |  |
|  | Nine Months Ended June 25, 2016 |  |
|  | (in thousands) |  |
|  | Parent |  | Non- Guarantor Subsidiaries |  | Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net sales |  | $ | 456,568 |  |  | $ | 73,324 |  |  | $ | 953,925 |  |  | $ | (68,212 | ) |  | $ | 1,415,605 |
Cost of goods sold and occupancy |  | 360,745 |  |  | 54,319 |  |  | 631,251 |  |  | (63,580 | ) |  | 982,735 |
Gross profit |  | 95,823 |  |  | 19,005 |  |  | 322,674 |  |  | (4,632 | ) |  | 432,870 |
Selling, general and administrative expenses |  | 102,990 |  |  | 14,283 |  |  | 203,868 |  |  | (4,632 | ) |  | 316,509 |
Income (loss) from operations |  | (7,167 | ) |  | 4,722 |  |  | 118,806 |  |  | — |  |  | 116,361 |
Interest expense |  | (36,065 | ) |  | (133 | ) |  | (7 | ) |  | — |  |  | (36,205 | )
Interest income |  | 71 |  |  | 3 |  |  | — |  |  | — |  |  | 74 |
Other income (expense) |  | (286 | ) |  | (409 | ) |  | 452 |  |  | — |  |  | (243 | )
Income (loss) before taxes and equity in earnings of affiliates |  | (43,447 | ) |  | 4,183 |  |  | 119,251 |  |  | — |  |  | 79,987 |
Income tax expense (benefit) |  | (15,437 | ) |  | 1,749 |  |  | 42,197 |  |  | — |  |  | 28,509 |
Equity in earnings of affiliates |  | 78,135 |  |  | — |  |  | 1,971 |  |  | (80,106 | ) |  | — |
Net income including noncontrolling interest |  | 50,125 |  |  | 2,434 |  |  | 79,025 |  |  | (80,106 | ) |  | 51,478 |
Net income attributable to noncontrolling interest |  | — |  |  | 1,353 |  |  | — |  |  | — |  |  | 1,353 |
Net income attributable to Central Garden & Pet Company |  | $ | 50,125 |  |  | $ | 1,081 |  |  | $ | 79,025 |  |  | $ | (80,106 | ) |  | $ | 50,125 |
|  | CONSOLIDATING CONDENSED STATEMENT OF OPERATIONS |  |
|  | Nine Months Ended June 27, 2015 |  |
|  | (in thousands) |  |
|  | Parent |  | Non- Guarantor Subsidiaries |  | Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net sales |  | $ | 380,862 |  |  | $ | 86,048 |  |  | $ | 865,589 |  |  | $ | (68,131 | ) |  | $ | 1,264,368 |
Cost of goods sold and occupancy |  | 296,568 |  |  | 66,522 |  |  | 584,604 |  |  | (63,406 | ) |  | 884,288 |
Gross profit |  | 84,294 |  |  | 19,526 |  |  | 280,985 |  |  | (4,725 | ) |  | 380,080 |
Selling, general and administrative expenses |  | 89,917 |  |  | 14,799 |  |  | 189,987 |  |  | (4,725 | ) |  | 289,978 |
Income (loss) from operations |  | (5,623 | ) |  | 4,727 |  |  | 90,998 |  |  | — |  |  | 90,102 |
Interest expense |  | (31,226 | ) |  | (128 | ) |  | (3 | ) |  | — |  |  | (31,357 | )
Interest income |  | 94 |  |  | 2 |  |  | — |  |  | — |  |  | 96 |
Other income (expense) |  | (359 | ) |  | — |  |  | 455 |  |  | — |  |  | 96 |
Income (loss) before taxes and equity in earnings of affiliates |  | (37,114 | ) |  | 4,601 |  |  | 91,450 |  |  | — |  |  | 58,937 |
Income tax expense (benefit) |  | (13,562 | ) |  | 1,773 |  |  | 33,316 |  |  | — |  |  | 21,527 |
Equity in earnings of affiliates |  | 59,892 |  |  | — |  |  | 1,989 |  |  | (61,881 | ) |  | — |
Net income including noncontrolling interest |  | 36,340 |  |  | 2,828 |  |  | 60,123 |  |  | (61,881 | ) |  | 37,410 |
Net income attributable to noncontrolling interest |  | — |  |  | 1,070 |  |  | — |  |  | — |  |  | 1,070 |
Net income attributable to Central Garden & Pet Company |  | $ | 36,340 |  |  | $ | 1,758 |  |  | $ | 60,123 |  |  | $ | (61,881 | ) |  | $ | 36,340 |
Consolidating Condensed Statements of Comprehensive Income (Loss) |
|  | CONSOLIDATING CONDENSED STATEMENTS OF COMPREHENSIVE INCOME
|  | Three Months Ended June 25, 2016
|  | (in thousands)
|  | Parent |  | Non- Guarantor Subsidiaries |  | Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net income |  | $ | 26,030 |  |  | $ | 2,648 |  |  | $ | 32,211 |  |  | $ | (34,223 | ) |  | $ | 26,666 |
Other comprehensive income (loss): |  |  |  |  |  |  |  |  |  |
Foreign currency translation |  | (277 | ) |  | (233 | ) |  | 25 |  |  | 208 |  |  | (277 | )
Total comprehensive income |  | 25,753 |  |  | 2,415 |  |  | 32,236 |  |  | (34,015 | ) |  | 26,389 |
Comprehensive income attributable to noncontrolling interests |  | — |  |  | 636 |  |  | — |  |  | — |  |  | 636 |
Comprehensive income attributable to Central Garden & Pet Company |  | $ | 25,753 |  |  | $ | 1,779 |  |  | $ | 32,236 |  |  | $ | (34,015 | ) |  | $ | 25,753 |
|  | CONSOLIDATING CONDENSED STATEMENTS OF COMPREHENSIVE INCOME
|  | Three Months Ended June 27, 2015
|  | (in thousands)
|  | Parent |  | Non- Guarantor Subsidiaries |  | Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net income |  | $ | 18,800 |  |  | $ | 2,115 |  |  | $ | 24,864 |  |  | $ | (26,656 | ) |  | $ | 19,123 |
Other comprehensive income: |  |  |  |  |  |  |  |  |  |
Foreign currency translation |  | 615 |  |  | 456 |  |  | 24 |  |  | (480 | ) |  | 615 |
Total comprehensive income |  | 19,415 |  |  | 2,571 |  |  | 24,888 |  |  | (27,136 | ) |  | 19,738 |
Comprehensive income attributable to noncontrolling interests |  | — |  |  | 323 |  |  | — |  |  | — |  |  | 323 |
Comprehensive income attributable to Central Garden & Pet Company |  | $ | 19,415 |  |  | $ | 2,248 |  |  | $ | 24,888 |  |  | $ | (27,136 | ) |  | $ | 19,415 |
|  | CONSOLIDATING CONDENSED STATEMENTS OF COMPREHENSIVE INCOME
|  | Nine Months Ended June 25, 2016
|  | (in thousands)
|  | Parent |  | Non- Guarantor Subsidiaries |  | Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net income |  | $ | 50,125 |  |  | $ | 2,434 |  |  | $ | 79,025 |  |  | $ | (80,106 | ) |  | $ | 51,478 |
Other comprehensive income (loss): |  |  |  |  |  |  |  |  |  |
Foreign currency translation |  | (969 | ) |  | (773 | ) |  | 32 |  |  | 741 |  |  | (969 | )
Total comprehensive income |  | 49,156 |  |  | 1,661 |  |  | 79,057 |  |  | (79,365 | ) |  | 50,509 |
Comprehensive income attributable to noncontrolling interests |  | — |  |  | 1,353 |  |  | — |  |  | — |  |  | 1,353 |
Comprehensive income attributable to Central Garden & Pet Company |  | $ | 49,156 |  |  | $ | 308 |  |  | $ | 79,057 |  |  | $ | (79,365 | ) |  | $ | 49,156 |
|  | CONSOLIDATING CONDENSED STATEMENTS OF COMPREHENSIVE INCOME
|  | Nine Months Ended June 27, 2015
|  | (in thousands)
|  | Parent |  | Non- Guarantor Subsidiaries |  | Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net income |  | $ | 36,340 |  |  | $ | 2,828 |  |  | $ | 60,123 |  |  | $ | (61,881 | ) |  | $ | 37,410 |
Other comprehensive loss: |  |  |  |  |  |  |  |  |  |
Unrealized loss on securities |  | (10 | ) |  | — |  |  | — |  |  | — |  |  | (10 | )
Reclassification of realized loss on securities included in net income |  | 20 |  |  | — |  |  | — |  |  | — |  |  | 20 |
Foreign currency translation |  | (563 | ) |  | (244 | ) |  | (244 | ) |  | 488 |  |  | (563 | )
Total comprehensive income |  | 35,787 |  |  | 2,584 |  |  | 59,879 |  |  | (61,393 | ) |  | 36,857 |
Comprehensive income attributable to noncontrolling interests |  | — |  |  | 1,070 |  |  | — |  |  | — |  |  | 1,070 |
Comprehensive income attributable to Central Garden & Pet Company |  | $ | 35,787 |  |  | $ | 1,514 |  |  | $ | 59,879 |  |  | $ | (61,393 | ) |  | $ | 35,787 |
Consolidating Condensed Balance Sheet |
|  | CONSOLIDATING CONDENSED BALANCE SHEET
|  | June 25, 2016
|  | (in thousands)
|  | Parent |  | Non- Guarantor Subsidiaries |  | Guarantor Subsidiaries |  | Eliminations |  | Consolidated
ASSETS |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 30,477 |  |  | $ | 8,675 |  |  | $ | 848 |  |  | $ | — |  |  | $ | 40,000 |
Restricted cash |  | 12,029 |  |  | — |  |  | — |  |  | — |  |  | 12,029 |
Accounts receivable, net |  | 74,162 |  |  | 9,395 |  |  | 158,397 |  |  | — |  |  | 241,954 |
Inventories |  | 105,440 |  |  | 9,037 |  |  | 247,336 |  |  | — |  |  | 361,813 |
Prepaid expenses and other |  | 20,543 |  |  | 1,039 |  |  | 23,493 |  |  | — |  |  | 45,075 |
Total current assets |  | 242,651 |  |  | 28,146 |  |  | 430,074 |  |  | — |  |  | 700,871 |
Land, buildings, improvements and equipment, net |  | 43,475 |  |  | 3,877 |  |  | 112,078 |  |  | — |  |  | 159,430 |
Goodwill |  | 18,858 |  |  | — |  |  | 214,153 |  |  | — |  |  | 233,011 |
Other long-term assets |  | 37,139 |  |  | 3,294 |  |  | 84,702 |  |  | (1,540 | ) |  | 123,595 |
Intercompany receivable |  | 31,005 |  |  | — |  |  | 478,780 |  |  | (509,785 | ) |  | — |
Investment in subsidiaries |  | 1,130,148 |  |  | — |  |  | — |  |  | (1,130,148 | ) |  | — |
Total |  | $ | 1,503,276 |  |  | $ | 35,317 |  |  | $ | 1,319,787 |  |  | $ | (1,641,473 | ) |  | $ | 1,216,907 |
LIABILITIES AND EQUITY |  |  |  |  |  |  |  |  |  |
Accounts payable |  | $ | 26,818 |  |  | $ | 6,210 |  |  | $ | 63,878 |  |  | $ | — |  |  | $ | 96,906 |
Accrued expenses |  | 48,981 |  |  | 2,290 |  |  | 51,682 |  |  | — |  |  | 102,953 |
Current portion of long-term debt |  | 154 |  |  | — |  |  | 376 |  |  | — |  |  | 530 |
Total current liabilities |  | 75,953 |  |  | 8,500 |  |  | 115,936 |  |  | — |  |  | 200,389 |
Long-term debt |  | 394,164 |  |  | — |  |  | 439 |  |  | — |  |  | 394,603 |
Intercompany payable |  | 468,039 |  |  | 41,746 |  |  | — |  |  | (509,785 | ) |  | — |
Losses in excess of investment in subsidiaries |  | — |  |  | — |  |  | 14,780 |  |  | (14,780 | ) |  | — |
Other long-term obligations |  | 9,036 |  |  | — |  |  | 56,479 |  |  | (1,540 | ) |  | 63,975 |
Total Central Garden & Pet shareholders’ equity (deficit) |  | 556,084 |  |  | (16,785 | ) |  | 1,132,153 |  |  | (1,115,368 | ) |  | 556,084 |
Noncontrolling interest |  | — |  |  | 1,856 |  |  | — |  |  | — |  |  | 1,856 |
Total equity (deficit) |  | 556,084 |  |  | (14,929 | ) |  | 1,132,153 |  |  | (1,115,368 | ) |  | 557,940 |
Total |  | $ | 1,503,276 |  |  | $ | 35,317 |  |  | $ | 1,319,787 |  |  | $ | (1,641,473 | ) |  | $ | 1,216,907 |
|  | CONSOLIDATING CONDENSED BALANCE SHEET
|  | June 27, 2015
|  | (in thousands)
|  | Parent |  | Non- Guarantor Subsidiaries |  | Guarantor Subsidiaries |  | Eliminations |  | Consolidated
ASSETS |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 30,640 |  |  | $ | 10,606 |  |  | $ | 2,595 |  |  | $ | — |  |  | $ | 43,841 |
Restricted cash |  | 12,590 |  |  | — |  |  | — |  |  | — |  |  | 12,590 |
Short term investments |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Accounts receivable, net |  | 56,528 |  |  | 11,152 |  |  | 155,469 |  |  | — |  |  | 223,149 |
Inventories |  | 86,211 |  |  | 14,409 |  |  | 239,613 |  |  | — |  |  | 340,233 |
Prepaid expenses and other |  | 25,727 |  |  | 1,260 |  |  | 27,571 |  |  | — |  |  | 54,558 |
Total current assets |  | 211,696 |  |  | 37,427 |  |  | 425,248 |  |  | — |  |  | 674,371 |
Land, buildings, improvements and equipment, net |  | 54,176 |  |  | 3,540 |  |  | 105,253 |  |  | — |  |  | 162,969 |
Goodwill |  | — |  |  | — |  |  | 209,089 |  |  | — |  |  | 209,089 |
Other long-term assets |  | 28,255 |  |  | 3,877 |  |  | 80,193 |  |  | (3,017 | ) |  | 109,308 |
Intercompany receivable |  | 36,989 |  |  | — |  |  | 386,955 |  |  | (423,944 | ) |  | — |
Investment in subsidiaries |  | 1,042,817 |  |  | — |  |  | — |  |  | (1,042,817 | ) |  | — |
Total |  | $ | 1,373,933 |  |  | $ | 44,844 |  |  | $ | 1,206,738 |  |  | $ | (1,469,778 | ) |  | $ | 1,155,737 |
LIABILITIES AND EQUITY |  |  |  |  |  |  |  |  |  |
Accounts payable |  | $ | 28,927 |  |  | $ | 6,501 |  |  | $ | 54,995 |  |  | $ | — |  |  | $ | 90,423 |
Accrued expenses |  | 59,275 |  |  | 2,928 |  |  | 47,867 |  |  | — |  |  | 110,070 |
Current portion of long-term debt |  | 260 |  |  | — |  |  | 30 |  |  | — |  |  | 290 |
Total current liabilities |  | 88,462 |  |  | 9,429 |  |  | 102,892 |  |  | — |  |  | 200,783 |
Long-term debt |  | 396,322 |  |  | — |  |  | 73 |  |  | — |  |  | 396,395 |
Intercompany payable |  | 377,284 |  |  | 46,660 |  |  | — |  |  | (423,944 | ) |  | — |
Losses in excess of investment in subsidiaries |  | — |  |  | — |  |  | 12,324 |  |  | (12,324 | ) |  | — |
Other long-term obligations |  | 1,573 |  |  | — |  |  | 48,591 |  |  | (3,017 | ) |  | 47,147 |
Total Central Garden & Pet shareholders’ equity (deficit) |  | 510,292 |  |  | (12,365 | ) |  | 1,042,858 |  |  | (1,030,493 | ) |  | 510,292 |
Noncontrolling interest |  | — |  |  | 1,120 |  |  | — |  |  | — |  |  | 1,120 |
Total equity (deficit) |  | 510,292 |  |  | (11,245 | ) |  | 1,042,858 |  |  | (1,030,493 | ) |  | 511,412 |
Total |  | $ | 1,373,933 |  |  | $ | 44,844 |  |  | $ | 1,206,738 |  |  | $ | (1,469,778 | ) |  | $ | 1,155,737 |
|  | CONSOLIDATING CONDENSED BALANCE SHEET
|  | September 26, 2015
|  | (in thousands)
|  | Parent |  | Non- Guarantor Subsidiaries |  | Guarantor Subsidiaries |  | Eliminations |  | Consolidated
ASSETS |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 36,280 |  |  | $ | 10,022 |  |  | $ | 1,282 |  |  | $ | — |  |  | $ | 47,584 |
Restricted cash |  | 13,157 |  |  | — |  |  | — |  |  | — |  |  | 13,157 |
Accounts receivable, net |  | 46,326 |  |  | 6,775 |  |  | 154,301 |  |  | — |  |  | 207,402 |
Inventories |  | 86,109 |  |  | 11,690 |  |  | 238,147 |  |  | — |  |  | 335,946 |
Prepaid expenses and other assets |  | 22,926 |  |  | 848 |  |  | 25,957 |  |  | — |  |  | 49,731 |
Total current assets |  | 204,798 |  |  | 29,335 |  |  | 419,687 |  |  | — |  |  | 653,820 |
Land, buildings, improvements and equipment, net |  | 51,409 |  |  | 3,663 |  |  | 107,737 |  |  | — |  |  | 162,809 |
Goodwill |  | — |  |  | — |  |  | 209,089 |  |  | — |  |  | 209,089 |
Other long-term assets |  | 25,881 |  |  | 3,662 |  |  | 82,436 |  |  | (6,100 | ) |  | 105,879 |
Intercompany receivable |  | 32,695 |  |  | — |  |  | 415,001 |  |  | (447,696 | ) |  | — |
Investment in subsidiaries |  | 1,052,644 |  |  | — |  |  | — |  |  | (1,052,644 | ) |  | — |
Total |  | $ | 1,367,427 |  |  | $ | 36,660 |  |  | $ | 1,233,950 |  |  | $ | (1,506,440 | ) |  | $ | 1,131,597 |
LIABILITIES AND EQUITY |  |  |  |  |  |  |  |  |  |
Accounts payable |  | $ | 20,506 |  |  | $ | 2,543 |  |  | $ | 65,840 |  |  | $ | — |  |  | $ | 88,889 |
Accrued expenses and other liabilities |  | 38,723 |  |  | 1,789 |  |  | 47,212 |  |  | — |  |  | 87,724 |
Current portion of long term debt |  | 261 |  |  | — |  |  | 30 |  |  | — |  |  | 291 |
Total current liabilities |  | 59,490 |  |  | 4,332 |  |  | 113,082 |  |  | — |  |  | 176,904 |
Long-term debt |  | 396,626 |  |  | — |  |  | 65 |  |  | — |  |  | 396,691 |
Intercompany payable |  | 404,255 |  |  | 43,441 |  |  | — |  |  | (447,696 | ) |  | — |
Losses in excess of investment in subsidiaries |  | — |  |  | — |  |  | 11,867 |  |  | (11,867 | ) |  | — |
Other long-term obligations |  | 1,770 |  |  | — |  |  | 55,952 |  |  | (6,100 | ) |  | 51,622 |
Total Central Garden & Pet shareholders’ equity (deficit) |  | 505,286 |  |  | (12,207 | ) |  | 1,052,984 |  |  | (1,040,777 | ) |  | 505,286 |
Noncontrolling interest |  | — |  |  | 1,094 |  |  | — |  |  | — |  |  | 1,094 |
Total equity (deficit) |  | 505,286 |  |  | (11,113 | ) |  | 1,052,984 |  |  | (1,040,777 | ) |  | 506,380 |
Total |  | $ | 1,367,427 |  |  | $ | 36,660 |  |  | $ | 1,233,950 |  |  | $ | (1,506,440 | ) |  | $ | 1,131,597 |
Consolidating Condensed Statement of Cash Flows |
|  | CONSOLIDATING CONDENSED STATEMENT OF CASH FLOWS
|  | Nine Months Ended June 25, 2016
|  | (in thousands)
|  | Parent |  | Non- Guarantor Subsidiaries |  | Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net cash provided by operating activities |  | $ | 4,127 |  |  | $ | 6,082 |  |  | $ | 84,258 |  |  | $ | (4,884 | ) |  | $ | 89,583 |
Additions to property, plant and equipment |  | (1,876 | ) |  | (577 | ) |  | (17,033 | ) |  | — |  |  | (19,486 | )
Payments to acquire companies, net of cash acquired |  | (60,916 | ) |  | — |  |  | (7,985 | ) |  | — |  |  | (68,901 | )
Proceeds from sale of plant assets |  | — |  |  | — |  |  | 3,899 |  |  | — |  |  | 3,899 |
Change in restricted cash and cash equivalents |  | 1,129 |  |  | — |  |  | — |  |  | — |  |  | 1,129 |
Other investing activities |  | (550 | ) |  | — |  |  | — |  |  | — |  |  | (550 | )
Intercompany investing activities |  | 1,689 |  |  | — |  |  | (63,778 | ) |  | 62,089 |  |  | — |
Net cash used by investing activities |  | (60,524 | ) |  | (577 | ) |  | (84,897 | ) |  | 62,089 |  |  | (83,909 | )
Repayments on revolving line of credit |  | (419,000 | ) |  | — |  |  | — |  |  | — |  |  | (419,000 | )
Borrowings on revolving line of credit |  | 419,000 |  |  | — |  |  | — |  |  | — |  |  | 419,000 |
Repayments of long-term debt |  | (400,208 | ) |  | — |  |  | (22 | ) |  | — |  |  | (400,230 | )
Issuance of long-term debt |  | 400,000 |  |  | — |  |  | — |  |  | — |  |  | 400,000 |
Excess tax benefits from stock-based awards |  | 4,726 |  |  | — |  |  | — |  |  | — |  |  | 4,726 |
Proceeds from issuance of common stock |  | 280 |  |  |  |  |  |  |  |  | 280 |
Repurchase of common stock |  | (9,429 | ) |  | — |  |  | — |  |  | — |  |  | (9,429 | )
Distribution to parent |  | — |  |  | (4,884 | ) |  | — |  |  | 4,884 |  |  | — |
Distribution to noncontrolling interest |  | — |  |  | (592 | ) |  | — |  |  | — |  |  | (592 | )
Payment of financing costs |  | (7,560 | ) |  | — |  |  | — |  |  | — |  |  | (7,560 | )
Intercompany financing activities |  | 63,786 |  |  | (1,697 | ) |  | — |  |  | (62,089 | ) |  | — |
Net cash provided (used) by financing activities |  | 51,595 |  |  | (7,173 | ) |  | (22 | ) |  | (57,205 | ) |  | (12,805 | )
Effect of exchange rates on cash |  | (1,001 | ) |  | 321 |  |  | 227 |  |  | — |  |  | (453 | )
Net increase (decrease) in cash and cash equivalents |  | (5,803 | ) |  | (1,347 | ) |  | (434 | ) |  | — |  |  | (7,584 | )
Cash and cash equivalents at beginning of period |  | 36,280 |  |  | 10,022 |  |  | 1,282 |  |  | — |  |  | 47,584 |
Cash and cash equivalents at end of period |  | $ | 30,477 |  |  | $ | 8,675 |  |  | $ | 848 |  |  | $ | — |  |  | $ | 40,000 |
|  | CONSOLIDATING CONDENSED STATEMENT OF CASH FLOWS
|  | Nine Months Ended June 27, 2015
|  | (in thousands)
|  | Parent |  | Non-Guarantor Subsidiaries |  | Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net cash provided by operating activities |  | $ | 6,844 |  |  | $ | 4,862 |  |  | $ | 51,610 |  |  | $ | (6,719 | ) |  | $ | 56,597 |
Additions to property, plant and equipment |  | (2,044 | ) |  | (180 | ) |  | (15,936 | ) |  | — |  |  | (18,160 | )
Payments to acquire companies, net of cash acquired |  | (16,000 | ) |  | — |  |  | — |  |  | — |  |  | (16,000 | )
Proceeds from short-term investments |  | 9,997 |  |  | — |  |  | — |  |  | — |  |  | 9,997 |
Change in restricted cash and cash equivalents |  | 1,693 |  |  | — |  |  | — |  |  | — |  |  | 1,693 |
Investment in short-term investments |  | (17 | ) |  | — |  |  | — |  |  | — |  |  | (17 | )
Other investing activities |  | (489 | ) |  | — |  |  | — |  |  | — |  |  | (489 | )
Intercompany investing activities |  | (20,083 | ) |  | — |  |  | (35,533 | ) |  | 55,616 |  |  | — |
Net cash used by investing activities |  | (26,943 | ) |  | (180 | ) |  | (51,469 | ) |  | 55,616 |  |  | (22,976 | )
Repayments of long-term debt |  | (50,196 | ) |  | — |  |  | (20 | ) |  | — |  |  | (50,216 | )
Borrowings under revolving line of credit |  | 312,000 |  |  | — |  |  | — |  |  | — |  |  | 312,000 |
Repayments on revolving line of credit |  | (312,000 | ) |  | — |  |  | — |  |  | — |  |  | (312,000 | )
Proceeds from issuance of common stock |  | 2,148 |  |  | — |  |  | — |  |  | — |  |  | 2,148 |
Excess tax benefits from stock-based awards |  | 685 |  |  | — |  |  | — |  |  | — |  |  | 685 |
Repurchase of common stock |  | (19,021 | ) |  | — |  |  | — |  |  | — |  |  | (19,021 | )
Distribution to parent |  | — |  |  | (6,719 | ) |  | — |  |  | 6,719 |  |  | — |
Distribution to noncontrolling interest |  | — |  |  | (1,680 | ) |  | — |  |  | — |  |  | (1,680 | )
Intercompany financing activities |  | 53,971 |  |  | 1,645 |  |  | — |  |  | (55,616 | ) |  | — |
Net cash used by financing activities |  | (12,413 | ) |  | (6,754 | ) |  | (20 | ) |  | (48,897 | ) |  | (68,084 | )
Effect of exchange rates on cash |  | (319 | ) |  | (128 | ) |  | 75 |  |  | — |  |  | (372 | )
Net increase decrease in cash and cash equivalents |  | (32,831 | ) |  | (2,200 | ) |  | 196 |  |  | — |  |  | (34,835 | )
Cash and cash equivalents at beginning of year |  | 63,471 |  |  | 12,806 |  |  | 2,399 |  |  | — |  |  | 78,676 |
Cash and cash equivalents at end of year |  | $ | 30,640 |  |  | $ | 10,606 |  |  | $ | 2,595 |  |  | $ | — |  |  | $ | 43,841 |

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