XML 31 R17.htm IDEA: XBRL DOCUMENT
v3.19.1

Segment Information | 6 Months Ended
--- | ---
Mar. 30, 2019
Segment Reporting [Abstract] |
Segment Information | 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 | Six Months Ended
|  | March 30, 2019 |  | March 31, 2018 | March 30, 2019 |  | March 31, 2018
Net sales: |  |  |  |  |  |  |
Pet segment |  | $ | 338,183 |  |  | $ | 321,653 |  | $ | 678,599 |  |  | $ | 646,737 |
Garden segment |  | 335,518 |  |  | 291,441 |  | 457,092 |  |  | 408,368 |
Total net sales |  | $ | 673,701 |  |  | $ | 613,094 |  | $ | 1,135,691 |  |  | $ | 1,055,105 |
Operating Income |  |  |  |  |  |  |
Pet segment |  | 26,984 |  |  | 32,784 |  | 56,739 |  |  | 68,960 |
Garden segment |  | 53,355 |  |  | 50,746 |  | 48,718 |  |  | 53,046 |
Corporate |  | (18,186 | ) |  | (17,744 | ) | (33,123 | ) |  | (33,699 | )
Total operating income |  | 62,153 |  |  | 65,786 |  | 72,334 |  |  | 88,307 |
Interest expense - net |  | (8,385 | ) |  | (9,882 | ) | (16,462 | ) |  | (17,100 | )
Other income (expense) |  | 500 |  |  | 1,505 |  | 308 |  |  | (1,584 | )
Income tax expense (benefit) |  | 11,546 |  |  | 11,643 |  | 11,819 |  |  | (2,593 | )
Income including noncontrolling interest |  | 42,722 |  |  | 45,766 |  | 44,361 |  |  | 72,216 |
Net income attributable to noncontrolling interest |  | 331 |  |  | 532 |  | 167 |  |  | 735 |
Net income attributable to Central Garden & Pet Company |  | $ | 42,391 |  |  | $ | 45,234 |  | $ | 44,194 |  |  | $ | 71,481 |
Depreciation and amortization: |  |  |  |  |  |  |
Pet segment |  | $ | 8,039 |  |  | $ | 6,944 |  | $ | 16,095 |  |  | $ | 14,089 |
Garden segment |  | 2,312 |  |  | 1,707 |  | 5,138 |  |  | 3,276 |
Corporate |  | 1,526 |  |  | 2,471 |  | 2,996 |  |  | 4,920 |
Total depreciation and amortization |  | $ | 11,877 |  |  | $ | 11,122 |  | $ | 24,229 |  |  | $ | 22,285 |
|  | March 30, 2019 |  | March 31, 2018 |  | September 29, 2018
Assets: |  |  |  |  |  |
Pet segment |  | $ | 700,638 |  |  | $ | 660,344 |  |  | $ | 683,938 |
Garden segment |  | 687,951 |  |  | 581,105 |  |  | 407,483 |
Corporate |  | 657,551 |  |  | 462,514 |  |  | 815,788 |
Total assets |  | $ | 2,046,140 |  |  | $ | 1,703,963 |  |  | $ | 1,907,209 |
Goodwill (included in corporate assets above): |  |  |  |  |  |
Pet segment |  | $ | 268,289 |  |  | $ | 262,770 |  |  | $ | 268,289 |
Garden segment |  | 12,888 |  |  | 5,473 |  |  | 12,888 |
Total goodwill |  | $ | 281,177 |  |  | $ | 268,243 |  |  | $ | 281,177 |
The tables below present the Company's disaggregated revenues by segment (in thousands):
|  | Three Months Ended March 30, 2019 |  | Six Months Ended March 30, 2019
|  | Pet Segment |  | Garden Segment |  | Total |  | Pet Segment |  | Garden Segment |  | Total
Other pet products |  | $ | 233.0 |  |  | $ | — |  |  | $ | 233.0 |  |  | $ | 442.3 |  |  | $ | — |  |  | $ | 442.3 |
Dog and cat products |  | 105.2 |  |  | — |  |  | 105.2 |  |  | 236.3 |  |  | — |  |  | 236.3 |
Garden controls and fertilizer products |  | — |  |  | 113.8 |  |  | 113.8 |  |  | — |  |  | 138.1 |  |  | 138.1 |
Other garden supplies |  | — |  |  | 221.7 |  |  | 221.7 |  |  | — |  |  | 319.0 |  |  | 319.0 |
Total |  | $ | 338.2 |  |  | $ | 335.5 |  |  | $ | 673.7 |  |  | $ | 678.6 |  |  | $ | 457.1 |  |  | $ | 1,135.7 |
|  | Three Months Ended March 31, 2018 |  | Six Months Ended March 31, 2018
|  | Pet Segment |  | Garden Segment |  | Total |  | Pet Segment |  | Garden Segment |  | Total
Other pet products |  | $ | 218.8 |  |  | $ | — |  |  | $ | 218.8 |  |  | $ | 413.9 |  |  | $ | — |  |  | $ | 413.9 |
Dog and cat products |  | 102.9 |  |  | — |  |  | 102.9 |  |  | 232.8 |  |  | — |  |  | 232.8 |
Garden controls and fertilizer products |  | — |  |  | 112.9 |  |  | 112.9 |  |  | — |  |  | 142.5 |  |  | 142.5 |
Other garden supplies |  | — |  |  | 178.5 |  |  | 178.5 |  |  | — |  |  | 265.9 |  |  | 265.9 |
Total |  | $ | 321.7 |  |  | $ | 291.4 |  |  | $ | 613.1 |  |  | $ | 646.7 |  |  | $ | 408.4 |  |  | $ | 1,055.1 |

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration