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Consolidating Condensed Financial Information of Guarantor Subsidiaries (Tables) | 12 Months Ended
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Sep. 30, 2017
Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
Consolidating Condensed Statement of Operations |
| CONSOLIDATING CONDENSED STATEMENT OF OPERATIONS
| Fiscal Year Ended September 30, 2017
| (in thousands)
| Parent |  | Non-Guarantor Subsidiaries |  | Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net sales | $ | 685,998 |  |  | $ | 79,681 |  |  | $ | 1,370,335 |  |  | $ | (81,536 | ) |  | $ | 2,054,478 |
Cost of goods sold and occupancy | 534,682 |  |  | 60,788 |  |  | 901,959 |  |  | (75,759 | ) |  | 1,421,670 |
Gross profit | 151,316 |  |  | 18,893 |  |  | 468,376 |  |  | (5,777 | ) |  | 632,808 |
Selling, general and administrative expenses | 154,267 |  |  | 18,416 |  |  | 309,790 |  |  | (5,777 | ) |  | 476,696 |
Operating income (loss) | (2,951 | ) |  | 477 |  |  | 158,586 |  |  | — |  |  | 156,112 |
Interest expense | (28,051 | ) |  | (294 | ) |  | 136 |  |  | — |  |  | (28,209 | )
Interest income | 146 |  |  | 1 |  |  | — |  |  | — |  |  | 147 |
Other income (expense) | (2,379 | ) |  | 844 |  |  | (86 | ) |  | — |  |  | (1,621 | )
Income (loss) before taxes and equity in earnings of affiliates | (33,235 | ) |  | 1,028 |  |  | 158,636 |  |  | — |  |  | 126,429 |
Income tax expense (benefit) | (11,981 | ) |  | 1,466 |  |  | 57,214 |  |  | — |  |  | 46,699 |
Equity in earnings of affiliates | 100,082 |  |  | — |  |  | 420 |  |  | (100,502 | ) |  | — |
Net income (loss) including noncontrolling interest | 78,828 |  |  | (438 | ) |  | 101,842 |  |  | (100,502 | ) |  | 79,730 |
Noncontrolling interest | — |  |  | 902 |  |  | — |  |  | — |  |  | 902 |
Net income (loss) attributable to Central Garden & Pet Company | $ | 78,828 |  |  | $ | (1,340 | ) |  | $ | 101,842 |  |  | $ | (100,502 | ) |  | $ | 78,828 |
| CONSOLIDATING CONDENSED STATEMENT OF OPERATIONS
| Fiscal Year Ended September 24, 2016
| (in thousands)
| Parent |  | Non-Guarantor Subsidiaries |  | Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net sales | $ | 587,579 |  |  | $ | 82,567 |  |  | $ | 1,238,339 |  |  | $ | (79,468 | ) |  | $ | 1,829,017 |
Cost of goods sold and occupancy | 466,543 |  |  | 62,727 |  |  | 820,573 |  |  | (73,876 | ) |  | 1,275,967 |
Gross profit | 121,036 |  |  | 19,840 |  |  | 417,766 |  |  | (5,592 | ) |  | 553,050 |
Selling, general and administrative expenses | 138,556 |  |  | 18,077 |  |  | 272,651 |  |  | (5,592 | ) |  | 423,692 |
Operating income (loss) | (17,520 | ) |  | 1,763 |  |  | 145,115 |  |  | — |  |  | 129,358 |
Interest expense | (42,700 | ) |  | (266 | ) |  | 119 |  |  | — |  |  | (42,847 | )
Interest income | 136 |  |  | 4 |  |  | — |  |  | — |  |  | 140 |
Other income (expense) | (16,925 | ) |  | (113 | ) |  | 25 |  |  | — |  |  | (17,013 | )
Income (loss) before taxes and equity in earnings of affiliates | (77,009 | ) |  | 1,388 |  |  | 145,259 |  |  | — |  |  | 69,638 |
Income tax expense (benefit) | (26,422 | ) |  | 923 |  |  | 49,552 |  |  | — |  |  | 24,053 |
Equity in earnings of affiliates | 95,101 |  |  | — |  |  | 624 |  |  | (95,725 | ) |  | — |
Net income including noncontrolling interest | 44,514 |  |  | 465 |  |  | 96,331 |  |  | (95,725 | ) |  | 45,585 |
Noncontrolling interest | — |  |  | 1,071 |  |  | — |  |  | — |  |  | 1,071 |
Net income (loss) attributable to Central Garden & Pet Company | $ | 44,514 |  |  | $ | (606 | ) |  | $ | 96,331 |  |  | $ | (95,725 | ) |  | $ | 44,514 |
| CONSOLIDATING CONDENSED STATEMENT OF OPERATIONS
| Fiscal Year Ended September 26, 2015
| (in thousands)
| Parent |  | Non-Guarantor Subsidiaries |  | Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net sales | $ | 484,310 |  |  | $ | 100,127 |  |  | $ | 1,146,821 |  |  | $ | (80,521 | ) |  | $ | 1,650,737 |
Cost of goods sold and occupancy | 379,235 |  |  | 76,597 |  |  | 781,797 |  |  | (74,944 | ) |  | 1,162,685 |
Gross profit | 105,075 |  |  | 23,530 |  |  | 365,024 |  |  | (5,577 | ) |  | 488,052 |
Selling, general and administrative expenses | 124,613 |  |  | 18,329 |  |  | 259,252 |  |  | (5,577 | ) |  | 396,617 |
Operating income (loss) | (19,538 | ) |  | 5,201 |  |  | 105,772 |  |  | — |  |  | 91,435 |
Interest expense | (39,893 | ) |  | (268 | ) |  | 134 |  |  | — |  |  | (40,027 | )
Interest income | 126 |  |  | 3 |  |  | — |  |  | — |  |  | 129 |
Other income (expense) | (372 | ) |  | 407 |  |  | (22 | ) |  | — |  |  | 13 |
Income (loss) before taxes and equity in earnings of affiliates | (59,677 | ) |  | 5,343 |  |  | 105,884 |  |  | — |  |  | 51,550 |
Income tax expense (benefit) | (21,500 | ) |  | 2,089 |  |  | 37,946 |  |  | — |  |  | 18,535 |
Equity in earnings of affiliates | 70,148 |  |  | — |  |  | 2,445 |  |  | (72,593 | ) |  | — |
Net income including noncontrolling interest | 31,971 |  |  | 3,254 |  |  | 70,383 |  |  | (72,593 | ) |  | 33,015 |
Noncontrolling interest | — |  |  | 1,044 |  |  | — |  |  | — |  |  | 1,044 |
Net income attributable to Central Garden & Pet Company | $ | 31,971 |  |  | $ | 2,210 |  |  | $ | 70,383 |  |  | $ | (72,593 | ) |  | $ | 31,971 |
Consolidating Condensed Statements of Comprehensive Income |
| CONSOLIDATING CONDENSED STATEMENTS OF COMPREHENSIVE INCOME
| Fiscal Year Ended September 30, 2017
| (in thousands)
| Parent |  | Non-Guarantor Subsidiaries |  | Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net income (loss) | $ | 78,828 |  |  | $ | (438 | ) |  | $ | 101,842 |  |  | $ | (100,502 | ) |  | $ | 79,730 |
Other comprehensive income (loss): |  |  |  |  |  |  |  |  |
Foreign currency translation | 343 |  |  | 169 |  |  | 108 |  |  | (277 | ) |  | 343 |
Total comprehensive income (loss) | 79,171 |  |  | (269 | ) |  | 101,950 |  |  | (100,779 | ) |  | 80,073 |
Comprehensive income attributable to noncontrolling interests | — |  |  | 902 |  |  | — |  |  | — |  |  | 902 |
Comprehensive income (loss) attributable to Central Garden & Pet Company | $ | 79,171 |  |  | $ | (1,171 | ) |  | $ | 101,950 |  |  | $ | (100,779 | ) |  | $ | 79,171 |
| CONSOLIDATING CONDENSED STATEMENTS OF COMPREHENSIVE INCOME
| Fiscal Year Ended September 24, 2016
| (in thousands)
| Parent |  | Non-Guarantor Subsidiaries |  | Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net income | $ | 44,514 |  |  | $ | 465 |  |  | $ | 96,331 |  |  | $ | (95,725 | ) |  | $ | 45,585 |
Other comprehensive income (loss): |  |  |  |  |  |  |  |  |
Foreign currency translation | (1,458 | ) |  | (1,132 | ) |  | 8 |  |  | 1,124 |  |  | (1,458 | )
Total comprehensive income (loss) | 43,056 |  |  | (667 | ) |  | 96,339 |  |  | (94,601 | ) |  | 44,127 |
Comprehensive income attributable to noncontrolling interests | — |  |  | 1,071 |  |  | — |  |  | — |  |  | 1,071 |
Comprehensive income (loss) attributable to Central Garden & Pet Company | $ | 43,056 |  |  | $ | (1,738 | ) |  | $ | 96,339 |  |  | $ | (94,601 | ) |  | $ | 43,056 |
| CONSOLIDATING CONDENSED STATEMENTS OF COMPREHENSIVE INCOME
| Fiscal Year Ended September 26, 2015
| (in thousands)
| Parent |  | Non-Guarantor Subsidiaries |  | Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net income | $ | 31,971 |  |  | $ | 3,254 |  |  | $ | 70,383 |  |  | $ | (72,593 | ) |  | $ | 33,015 |
Other comprehensive loss: |  |  |  |  |  |  |  |  |
Unrealized loss on securities | (10 | ) |  | — |  |  |  |  |  |  |  |  | (10 | )
Reclassification of realized loss on securities included in net income | 20 |  |  | — |  |  | — |  |  | — |  |  | 20 |
Foreign currency translation | (1,078 | ) |  | (537 | ) |  | (380 | ) |  | 917 |  |  | (1,078 | )
Total comprehensive income | 30,903 |  |  | 2,717 |  |  | 70,003 |  |  | (71,676 | ) |  | 31,947 |
Comprehensive income attributable to noncontrolling interests | — |  |  | 1,044 |  |  | — |  |  | — |  |  | 1,044 |
Comprehensive income attributable to Central Garden & Pet Company | $ | 30,903 |  |  | $ | 1,673 |  |  | $ | 70,003 |  |  | $ | (71,676 | ) |  | $ | 30,903 |
Consolidating Condensed Balance Sheet |
|  | CONSOLIDATING CONDENSED BALANCE SHEET
|  | September 30, 2017
|  | (in thousands)
|  | Parent |  | Non-Guarantor Subsidiaries |  | Guarantor Subsidiaries |  | Eliminations |  | Consolidated
ASSETS |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 19,238 |  |  | $ | 11,693 |  |  | $ | 1,466 |  |  | $ | — |  |  | $ | 32,397 |
Restricted cash |  | 12,645 |  |  | — |  |  | — |  |  | — |  |  | 12,645 |
Accounts receivable, net |  | 78,692 |  |  | 5,586 |  |  | 153,590 |  |  | — |  |  | 237,868 |
Inventories |  | 125,797 |  |  | 9,493 |  |  | 246,811 |  |  | — |  |  | 382,101 |
Prepaid expenses and other assets |  | 6,059 |  |  | 811 |  |  | 11,175 |  |  | — |  |  | 18,045 |
Total current assets |  | 242,431 |  |  | 27,583 |  |  | 413,042 |  |  | — |  |  | 683,056 |
Land, buildings, improvements and equipment, net |  | 38,170 |  |  | 4,225 |  |  | 138,518 |  |  | — |  |  | 180,913 |
Goodwill |  | 15,058 |  |  | — |  |  | 241,217 |  |  | — |  |  | 256,275 |
Other long term assets |  | 61,715 |  |  | 2,376 |  |  | 146,372 |  |  | (23,801 | ) |  | 186,662 |
Intercompany receivable |  | 36,606 |  |  | — |  |  | 662,137 |  |  | (698,743 | ) |  | — |
Investment in subsidiaries |  | 1,383,633 |  |  | — |  |  | — |  |  | (1,383,633 | ) |  | — |
Total |  | $ | 1,777,613 |  |  | $ | 34,184 |  |  | $ | 1,601,286 |  |  | $ | (2,106,177 | ) |  | $ | 1,306,906 |
LIABILITIES AND EQUITY |  |  |  |  |  |  |  |  |  |
Accounts payable |  | $ | 36,760 |  |  | $ | 3,076 |  |  | $ | 63,447 |  |  | $ | — |  |  | $ | 103,283 |
Accrued expenses and other liabilities |  | 54,909 |  |  | 2,391 |  |  | 59,249 |  |  | — |  |  | 116,549 |
Current portion of long term debt |  | — |  |  | — |  |  | 375 |  |  | — |  |  | 375 |
Total current liabilities |  | 91,669 |  |  | 5,467 |  |  | 123,071 |  |  | — |  |  | 220,207 |
Long-term debt |  | 395,160 |  |  | — |  |  | 118 |  |  | — |  |  | 395,278 |
Intercompany payable |  | 647,409 |  |  | 51,334 |  |  | — |  |  | (698,743 | ) |  | — |
Losses in excess of investment in subsidiaries |  | — |  |  | — |  |  | 19,782 |  |  | (19,782 | ) |  | — |
Other long-term obligations |  | 7,689 |  |  | — |  |  | 70,391 |  |  | (23,801 | ) |  | 54,279 |
Shareholders’ equity attributable to Central Garden & Pet |  | 635,686 |  |  | (24,073 | ) |  | 1,387,924 |  |  | (1,363,851 | ) |  | 635,686 |
Noncontrolling interest |  | — |  |  | 1,456 |  |  | — |  |  | — |  |  | 1,456 |
Total equity |  | 635,686 |  |  | (22,617 | ) |  | 1,387,924 |  |  | (1,363,851 | ) |  | 637,142 |
Total |  | $ | 1,777,613 |  |  | $ | 34,184 |  |  | $ | 1,601,286 |  |  | $ | (2,106,177 | ) |  | $ | 1,306,906 |
| CONSOLIDATING CONDENSED BALANCE SHEET
| September 24, 2016
| (in thousands)
| Parent |  | Non-Guarantor Subsidiaries |  | Guarantor Subsidiaries |  | Eliminations |  | Consolidated
ASSETS |  |  |
Cash and cash equivalents | $ | 82,158 |  |  | $ | 9,695 |  |  | $ | 1,129 |  |  | $ | — |  |  | $ | 92,982 |
Restricted cash | 10,910 |  |  | — |  |  | — |  |  | — |  |  | 10,910 |
Accounts receivable, net | 59,617 |  |  | 5,156 |  |  | 136,378 |  |  | — |  |  | 201,151 |
Inventories | 113,317 |  |  | 11,752 |  |  | 236,935 |  |  | — |  |  | 362,004 |
Prepaid expenses and other assets | 5,700 |  |  | 800 |  |  | 9,749 |  |  | — |  |  | 16,249 |
Total current assets | 271,702 |  |  | 27,403 |  |  | 384,191 |  |  | — |  |  | 683,296 |
Land, buildings, improvements and equipment, net | 41,083 |  |  | 3,897 |  |  | 113,244 |  |  | — |  |  | 158,224 |
Goodwill | 15,058 |  |  | — |  |  | 216,327 |  |  | — |  |  | 231,385 |
Other long term assets | 45,832 |  |  | 2,998 |  |  | 85,701 |  |  | (26,753 | ) |  | 107,778 |
Intercompany receivable | 32,778 |  |  | — |  |  | 567,374 |  |  | (600,152 | ) |  | — |
Investment in subsidiaries | 1,176,990 |  |  | — |  |  | — |  |  | (1,176,990 | ) |  | — |
Total | $ | 1,583,443 |  |  | $ | 34,298 |  |  | $ | 1,366,837 |  |  | $ | (1,803,895 | ) |  | $ | 1,180,683 |
LIABILITIES AND EQUITY |  |  |  |  |  |  |  |  |  |  |  |  |  |
Accounts payable | $ | 34,096 |  |  | $ | 3,953 |  |  | $ | 64,364 |  |  | $ | — |  |  | $ | 102,413 |
Accrued expenses and other liabilities | 47,861 |  |  | 1,411 |  |  | 50,071 |  |  | — |  |  | 99,343 |
Current portion of long term debt | 88 |  |  | — |  |  | 375 |  |  | — |  |  | 463 |
Total current liabilities | 82,045 |  |  | 5,364 |  |  | 114,810 |  |  | — |  |  | 202,219 |
Long-term debt | 394,364 |  |  | — |  |  | 442 |  |  | — |  |  | 394,806 |
Intercompany payable | 553,964 |  |  | 46,188 |  |  | — |  |  | (600,152 | ) |  | — |
Losses in excess of investment in subsidiaries | — |  |  | — |  |  | 16,126 |  |  | (16,126 | ) |  | — |
Other long-term obligations | 56 |  |  | — |  |  | 55,768 |  |  | (26,753 | ) |  | 29,071 |
Shareholders’ equity attributable to Central Garden & Pet | 553,014 |  |  | (18,827 | ) |  | 1,179,691 |  |  | (1,160,864 | ) |  | 553,014 |
Noncontrolling interest | — |  |  | 1,573 |  |  | — |  |  | — |  |  | 1,573 |
Total equity | 553,014 |  |  | (17,254 | ) |  | 1,179,691 |  |  | (1,160,864 | ) |  | 554,587 |
Total | $ | 1,583,443 |  |  | $ | 34,298 |  |  | $ | 1,366,837 |  |  | $ | (1,803,895 | ) |  | $ | 1,180,683 |
Consolidating Condensed Statement of Cash Flows |
| CONSOLIDATING CONDENSED STATEMENT OF CASH FLOWS
| Fiscal Year Ended September 30, 2017
| (in thousands)
| Parent |  | Non-Guarantor Subsidiaries |  | Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net cash provided (used) by operating activities | $ | (7,418 | ) |  | $ | 2,846 |  |  | $ | 122,957 |  |  | $ | (4,076 | ) |  | $ | 114,309 |
Additions to property, plant and equipment | (9,419 | ) |  | (805 | ) |  | (34,435 | ) |  | — |  |  | (44,659 | )
Businesses acquired, net of cash acquired, and investments in joint ventures | (103,880 | ) |  | — |  |  | — |  |  | — |  |  | (103,880 | )
Proceeds from asset sales | 229 |  |  | — |  |  | 8,318 |  |  | — |  |  | 8,547 |
Escrow deposit for acquisition-related contingent consideration | (6,000 | ) |  |  |  |  |  |  |  | (6,000 | )
Change in restricted cash and cash equivalents | (1,735 | ) |  | — |  |  | — |  |  | — |  |  | (1,735 | )
Investment in equity method investee | (12,495 | ) |  |  |  |  |  |  |  | (12,495 | )
Other investing activities | (4,355 | ) |  | — |  |  | — |  |  | — |  |  | (4,355 | )
Intercompany investing activities | (3,828 | ) |  | — |  |  | (94,763 | ) |  | 98,591 |  |  | — |
Net cash used by investing activities | (141,483 | ) |  | (805 | ) |  | (120,880 | ) |  | 98,591 |  |  | (164,577 | )
Repayments on revolving line of credit | (552,000 | ) |  | — |  |  | — |  |  | — |  |  | (552,000 | )
Borrowings on revolving line of credit | 552,000 |  |  | — |  |  | — |  |  | — |  |  | 552,000 |
Repayments of long-term debt | (89 | ) |  | — |  |  | (374 | ) |  | — |  |  | (463 | )
Excess tax benefits from stock-based awards | 19,946 |  |  | — |  |  | — |  |  | — |  |  | 19,946 |
Repurchase of common stock | (27,556 | ) |  | — |  |  | — |  |  | — |  |  | (27,556 | )
Payments of contingent consideration | — |  |  | — |  |  | (1,300 | ) |  | — |  |  | (1,300 | )
Distribution to parent | — |  |  | (4,076 | ) |  | — |  |  | 4,076 |  |  | — |
Distribution to noncontrolling interest | — |  |  | (1,019 | ) |  | — |  |  | — |  |  | (1,019 | )
Intercompany financing activities | 93,445 |  |  | 5,146 |  |  | — |  |  | (98,591 | ) |  | — |
Net cash provided (used) by financing activities | 85,746 |  |  | 51 |  |  | (1,674 | ) |  | (94,515 | ) |  | (10,392 | )
Effect of exchange rates on cash | 235 |  |  | (94 | ) |  | (66 | ) |  | — |  |  | 75 |
Net increase (decrease) in cash and cash equivalents | (62,920 | ) |  | 1,998 |  |  | 337 |  |  | — |  |  | (60,585 | )
Cash and cash equivalents at beginning of year | 82,158 |  |  | 9,695 |  |  | 1,129 |  |  | — |  |  | 92,982 |
Cash and cash equivalents at end of year | $ | 19,238 |  |  | $ | 11,693 |  |  | $ | 1,466 |  |  | $ | — |  |  | $ | 32,397 |
| CONSOLIDATING CONDENSED STATEMENT OF CASH FLOWS
| Fiscal Year Ended September 24, 2016
| (in thousands)
| Parent |  | Non-Guarantor Subsidiaries |  | Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net cash (used) provided by operating activities | $ | 3,906 |  |  | $ | 2,654 |  |  | $ | 149,749 |  |  | $ | (4,883 | ) |  | $ | 151,426 |
Additions to property, plant and equipment | (4,513 | ) |  | (717 | ) |  | (22,392 | ) |  | — |  |  | (27,622 | )
Payments to acquire companies, net of expenses | (69,001 | ) |  | — |  |  | — |  |  | — |  |  | (69,001 | )
Proceeds from asset sales | — |  |  | — |  |  | 3,911 |  |  | — |  |  | 3,911 |
Change in restricted cash and cash equivalents | 2,247 |  |  | — |  |  | — |  |  | — |  |  | 2,247 |
Other investing activities | (730 | ) |  | — |  |  | — |  |  | — |  |  | (730 | )
Intercompany investing activities | (83 | ) |  | — |  |  | (129,708 | ) |  | 129,791 |  |  | — |
Net cash used by investing activities | (72,080 | ) |  | (717 | ) |  | (148,189 | ) |  | 129,791 |  |  | (91,195 | )
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 | (400,286 | ) |  | — |  |  | (21 | ) |  | — |  |  | (400,307 | )
Issuance of long-term debt | 400,000 |  |  |  |  |  |  |  |  |  |  |  | 400,000 |
Proceeds from issuance of common stock | 324 |  |  | — |  |  | — |  |  | — |  |  | 324 |
Excess tax benefits from stock-based awards | 6,869 |  |  | — |  |  | — |  |  | — |  |  | 6,869 |
Repurchase of common stock | (10,873 | ) |  | — |  |  | — |  |  | — |  |  | (10,873 | )
Payments of contingent consideration |  |  |  |  |  |  | (2,026 | ) |  |  |  |  | (2,026 | )
Payment of deferred financing costs | (7,560 | ) |  | — |  |  | — |  |  | — |  |  | (7,560 | )
Distribution to parent | — |  |  | (4,883 | ) |  | — |  |  | 4,883 |  |  | — |
Distribution to noncontrolling interest | — |  |  | (592 | ) |  | — |  |  | — |  |  | (592 | )
Intercompany financing activities | 127,044 |  |  | 2,747 |  |  | — |  |  | (129,791 | ) |  | — |
Net cash provided (used) by financing activities | 115,518 |  |  | (2,728 | ) |  | (2,047 | ) |  | (124,908 | ) |  | (14,165 | )
Effect of exchange rates on cash | (1,466 | ) |  | 464 |  |  | 334 |  |  | — |  |  | (668 | )
Net increase (decrease) in cash and cash equivalents | 45,878 |  |  | (327 | ) |  | (153 | ) |  | — |  |  | 45,398 |
Cash and cash equivalents at beginning of year | 36,280 |  |  | 10,022 |  |  | 1,282 |  |  | — |  |  | 47,584 |
Cash and cash equivalents at end of year | $ | 82,158 |  |  | $ | 9,695 |  |  | $ | 1,129 |  |  | $ | — |  |  | $ | 92,982 |
| CONSOLIDATING CONDENSED STATEMENT OF CASH FLOWS
| Fiscal Year Ended September 26, 2015
| (in thousands)
| Parent |  | Non-Guarantor Subsidiaries |  | Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net cash (used) provided by operating activities | $ | (16,823 | ) |  | $ | 7,372 |  |  | $ | 103,619 |  |  | $ | (6,719 | ) |  | $ | 87,449 |
Additions to property, plant and equipment | (2,721 | ) |  | (405 | ) |  | (18,904 | ) |  | — |  |  | (22,030 | )
Businesses acquired, net of cash acquired | (38,384 | ) |  | — |  |  | — |  |  | — |  |  | (38,384 | )
Change in restricted cash and cash equivalents | 1,126 |  |  | — |  |  | — |  |  | — |  |  | 1,126 |
Maturities of short term investments | 9,997 |  |  | — |  |  | — |  |  | — |  |  | 9,997 |
Investment in short term investments | (17 | ) |  | — |  |  | — |  |  | — |  |  | (17 | )
Other investing activities | (546 | ) |  | — |  |  | — |  |  | — |  |  | (546 | )
Intercompany investing activities | (15,789 | ) |  | — |  |  | (85,963 | ) |  | 101,752 |  |  | — |
Net cash used by investing activities | (46,334 | ) |  | (405 | ) |  | (104,867 | ) |  | 101,752 |  |  | (49,854 | )
Repayments on revolving line of credit | (312,000 | ) |  | — |  |  | — |  |  | — |  |  | (312,000 | )
Borrowings on revolving line of credit | 312,000 |  |  | — |  |  | — |  |  | — |  |  | 312,000 |
Repayments of long-term debt | (50,262 | ) |  | — |  |  | (27 | ) |  | — |  |  | (50,289 | )
Proceeds from issuance of common stock | 200 |  |  | — |  |  | — |  |  | — |  |  | 200 |
Excess tax benefits from stock-based awards | 2,154 |  |  | — |  |  | — |  |  | — |  |  | 2,154 |
Repurchase of common stock | (18,497 | ) |  | — |  |  | — |  |  | — |  |  | (18,497 | )
Payment of deferred financing costs | (258 | ) |  | — |  |  | — |  |  | — |  |  | (258 | )
Distribution to parent | — |  |  | (6,719 | ) |  | — |  |  | 6,719 |  |  | — |
Distribution to noncontrolling interest | — |  |  | (1,680 | ) |  | — |  |  | — |  |  | (1,680 | )
Intercompany financing activities | 103,326 |  |  | (1,574 | ) |  | — |  |  | (101,752 | ) |  | — |
Net cash provided (used) by financing activities | 36,663 |  |  | (9,973 | ) |  | (27 | ) |  | (95,033 | ) |  | (68,370 | )
Effect of exchange rates on cash | (697 | ) |  | 222 |  |  | 158 |  |  | — |  |  | (317 | )
Net increase (decrease) in cash and cash equivalents | (27,191 | ) |  | (2,784 | ) |  | (1,117 | ) |  | — |  |  | (31,092 | )
Cash and cash equivalents at beginning of year | 63,471 |  |  | 12,806 |  |  | 2,399 |  |  | — |  |  | 78,676 |
Cash and cash equivalents at end of year | $ | 36,280 |  |  | $ | 10,022 |  |  | $ | 1,282 |  |  | $ | — |  |  | $ | 47,584 |

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