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Segment Information (Tables)

9 Months Ended

Jun. 26, 2021

Segment Reporting [Abstract]

Financial Information Relating to Company's Business Segments

						Three Months Ended												Nine Months Ended
						June 26, 2021						June 27, 2020						June 26, 2021						June 27, 2020
						(in thousands)
Net sales:
Pet segment						$	507,788					$	461,567					$	1,436,170					$	1,233,686
Garden segment						529,287						371,916						$	1,128,387					785,854
Total net sales						$	1,037,075					$	833,483					$	2,564,557					$	2,019,540
Operating Income
Pet segment						71,021						63,606						176,604						135,819
Garden segment						67,037						64,941						137,650						101,219
Corporate						(24,817)						(23,907)						(69,363)						(64,228)
Total operating income						113,241						104,640						244,891						172,810
Interest expense - net						(13,086)						(11,471)						(44,006)						(29,444)
Other income (expense)						(1,086)						(3,541)						370						(4,215)
Income tax expense						22,315						20,291						45,260						31,211
Income including noncontrolling interest						76,754						69,337						155,995						107,940
Net income attributable to noncontrolling interest						568						537						1,242						853
Net income attributable to Central Garden & Pet Company						$	76,186					$	68,800					$	154,753					$	107,087
Depreciation and amortization:
Pet segment						$	8,960					$	9,249					$	26,927					$	27,491
Garden segment						10,808						2,663						22,250						7,971
Corporate						1,222						1,371						3,582						4,136
Total depreciation and amortization						$	20,990					$	13,283					$	52,759					$	39,598

 

						June 26, 2021						June 27, 2020						September 26, 2020
						(in thousands)
Assets:
Pet segment						$	976,189					$	894,454					$	877,901
Garden segment						1,328,664						551,741						481,401
Corporate						818,651						817,774						980,062
Total assets						$	3,123,504					$	2,263,969					$	2,339,364
Goodwill (included in corporate assets above):
Pet segment						$	277,067					$	276,966					$	277,067
Garden segment						12,888						12,888						12,888
Total goodwill						$	289,955					$	289,854					$	289,955

The tables below presents the Company's disaggregated revenues by segment:

						Three Months Ended June 26, 2021																		Nine Months Ended June 26, 2021
						Pet Segment						Garden Segment						Total						Pet Segment						Garden Segment						Total
						(in millions)																		(in millions)
Other pet products						$	277.5					$	—					$	277.5					$	719.4					$	—					$	719.4
Dog and cat products						131.9						—						131.9						420.6						—						420.6
Other manufacturers' products						98.4						126.0						224.4						296.2						274.9						571.1
Garden controls and fertilizer products						—						92.3						92.3						—						253.1						253.1
Other garden supplies						—						311.0						311.0						—						600.4						600.4
Total						$	507.8					$	529.3					$	1,037.1					$	1,436.2					$	1,128.4					$	2,564.6

						Three Months Ended June 27, 2020																		Nine Months Ended June 27, 2020
						Pet Segment						Garden Segment						Total						Pet Segment						Garden Segment						Total
						(in millions)																		(in millions)
Other pet products						$	254.6					$	—					$	254.6					$	613.9					$	—					$	613.9
Dog and cat products						117.0						—						117.0						358.8						—						358.8
Other manufacturers' products						90.0						90.1						180.1						261.0						182.2						443.2
Garden controls and fertilizer products						—						100.3						100.3						—						234.2						234.2
Other garden supplies						—						181.5						181.5						—						369.4						369.4
Total						$	461.6					$	371.9					$	833.5					$	1,233.7					$	785.9					$	2,019.5

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599

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- References

No definition available.

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