XML 39 R27.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Segment Information (Tables) | 3 Months Ended
--- | ---
Dec. 25, 2021
Segment Reporting [Abstract] |
Schedule of Financial Information Relating to Company's Business Segments | These operating segments are the Pet segment and the Garden segment and are presented in the table below.
|  | Three Months Ended |  |
|  | December 25, 2021 |  | December 26, 2020 |  |  |  |
|  | (in thousands)
Net sales: |  |  |  |  |  |  |  |
Pet segment |  | $ | 436,002 |  |  | $ | 436,410 |  |  |  |  |
Garden segment |  | 225,396 |  |  | 155,820 |  |  |  |  |
Total net sales |  | $ | 661,398 |  |  | $ | 592,230 |  |  |  |  |
Operating Income |  |  |  |  |  |  |  |
Pet segment |  | 45,251 |  |  | 43,525 |  |  |  |  |
Garden segment |  | 6,057 |  |  | 4,651 |  |  |  |  |
Corporate |  | (25,094) |  |  | (21,136) |  |  |  |  |
Total operating income |  | 26,214 |  |  | 27,040 |  |  |  |  |
Interest expense - net |  | (14,408) |  |  | (20,769) |  |  |  |  |
Other income (expense) |  | (209) |  |  | 752 |  |  |  |  |
Income tax expense |  | 2,401 |  |  | 1,381 |  |  |  |  |
Income including noncontrolling interest |  | 9,196 |  |  | 5,642 |  |  |  |  |
Net income attributable to noncontrolling interest |  | 187 |  |  | 29 |  |  |  |  |
Net income attributable to Central Garden & Pet Company |  | $ | 9,009 |  |  | $ | 5,613 |  |  |  |  |
Depreciation and amortization: |  |  |  |  |  |  |  |
Pet segment |  | $ | 9,549 |  |  | $ | 9,085 |  |  |  |  |
Garden segment |  | 9,620 |  |  | 2,638 |  |  |  |  |
Corporate |  | 1,033 |  |  | 1,192 |  |  |  |  |
Total depreciation and amortization |  | $ | 20,202 |  |  | $ | 12,915 |  |  |  |  |
|  | December 25, 2021 |  | December 26, 2020 |  | September 25, 2021
|  | (in thousands)
Assets: |  |  |  |  |  |
Pet segment |  | $ | 992,788 |  |  | $ | 911,787 |  |  | $ | 966,437 |
Garden segment |  | 1,417,011 |  |  | 599,097 |  |  | 1,313,899 |
Corporate |  | 708,242 |  |  | 935,215 |  |  | 836,344 |
Total assets |  | $ | 3,118,041 |  |  | $ | 2,446,099 |  |  | $ | 3,116,680 |
Goodwill (included in corporate assets above): |  |  |  |  |  |
Pet segment |  | $ | 277,067 |  |  | $ | 277,067 |  |  | $ | 277,067 |
Garden segment |  | 92,324 |  |  | 12,888 |  |  | 92,324 |
Total goodwill |  | $ | 369,391 |  |  | $ | 289,955 |  |  | $ | 369,391 |
The tables below presents the Company's disaggregated revenues by segment:
|  | Three Months Ended December 25, 2021 |  |
|  | Pet Segment |  | Garden Segment |  | Total |  |  |  |  |  |
|  | (in millions) |  |
Other pet products |  | $ | 153.6 |  |  | $ | — |  |  | $ | 153.6 |  |  |  |  |  |  |
Dog and cat products |  | 144.9 |  |  | — |  |  | 144.9 |  |  |  |  |  |  |
Other manufacturers' products |  | 104.5 |  |  | 49.4 |  |  | 153.9 |  |  |  |  |  |  |
Wild bird products |  | 33.0 |  |  | 54.7 |  |  | 87.7 |  |  |  |  |  |  |
Other garden supplies |  | — |  |  | 121.3 |  |  | 121.3 |  |  |  |  |  |  |
Total |  | $ | 436.0 |  |  | $ | 225.4 |  |  | $ | 661.4 |  |  |  |  |  |  |
|  | Three Months Ended December 26, 2020 |  |
|  | Pet Segment |  | Garden Segment |  | Total |  |  |  |  |  |
|  | (in millions) |  |
Other pet products |  | $ | 144.2 |  |  | $ | — |  |  | $ | 144.2 |  |  |  |  |  |  |
Dog and cat products |  | 155.5 |  |  | — |  |  | 155.5 |  |  |  |  |  |  |
Other manufacturers' products |  | 98.7 |  |  | 44.0 |  |  | 142.7 |  |  |  |  |  |  |
Wild bird products |  | 38.0 |  |  | 30.6 |  |  | 68.6 |  |  |  |  |  |  |
Other garden supplies |  | — |  |  | 81.2 |  |  | 81.2 |  |  |  |  |  |  |
Total |  | $ | 436.4 |  |  | $ | 155.8 |  |  | $ | 592.2 |  |  |  |  |  |  |

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 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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