Schedule of Financial Information Relating to Company's Business Segments |
Financial information relating to the Company's business segments is presented in the table below. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Nine Months Ended | | | June 28, 2025 | | June 29, 2024 | | June 28, 2025 | | June 29, 2024 | | | (in thousands) | Net sales: | | | | | | | | | Pet segment | | $ | 492,549 | | | $ | 508,002 | | | $ | 1,373,721 | | | $ | 1,397,454 | | Garden segment | | 468,364 | | | 488,346 | | | 1,077,165 | | | 1,133,517 | | Total net sales | | $ | 960,913 | | | $ | 996,348 | | | $ | 2,450,886 | | | $ | 2,530,971 | | Operating income (loss) | | | | | | | | | Pet segment | | $ | 76,199 | | | $ | 83,068 | | | $ | 188,070 | | | $ | 189,115 | | Garden segment | | 82,989 | | | 62,519 | | | 144,143 | | | 110,699 | | Corporate | | (24,062) | | | (29,651) | | | (75,771) | | | (82,019) | | Total operating income | | 135,126 | | | 115,936 | | | 256,442 | | | 217,795 | | Interest expense - net | | (8,843) | | | (10,216) | | | (25,931) | | | (31,396) | | Other income | | 1,069 | | | 225 | | | 96 | | | 1,047 | | Income tax expense | | 31,941 | | | 25,468 | | | 56,208 | | | 43,733 | | Income including noncontrolling interest | | 95,411 | | | 80,477 | | | 174,399 | | | 143,713 | | Net income attributable to noncontrolling interest | | 404 | | | 753 | | | 1,750 | | | 1,572 | | Net income attributable to Central Garden & Pet Company | | $ | 95,007 | | | $ | 79,724 | | | $ | 172,649 | | | $ | 142,141 | | Depreciation and amortization: | | | | | | | | | Pet segment | | $ | 10,391 | | | $ | 10,979 | | | $ | 29,969 | | | $ | 32,901 | | Garden segment | | 10,383 | | | 11,008 | | | 31,957 | | | 33,028 | | Corporate | | 709 | | | 725 | | | 2,137 | | | 2,140 | | Total depreciation and amortization | | $ | 21,483 | | | $ | 22,712 | | | $ | 64,063 | | | $ | 68,069 | |
| | | | | | | | | | | | | | | | | | | | | | | June 28, 2025 | | June 29, 2024 | | September 28, 2024 | | | (in thousands) | Assets: | | | | | | | Pet segment | | $ | 1,022,858 | | | $ | 994,546 | | | $ | 955,000 | | Garden segment | | 1,354,323 | | | 1,412,015 | | | 1,272,033 | | Corporate | | 1,280,141 | | | 1,201,317 | | | 1,326,406 | | Total assets | | $ | 3,657,322 | | | $ | 3,607,878 | | | $ | 3,553,439 | | Goodwill (included in corporate assets above): | | | | | | | Pet segment | | $ | 285,323 | | | $ | 277,067 | | | $ | 281,992 | | Garden segment | | 269,369 | | | 269,369 | | | 269,369 | | Total goodwill | | $ | 554,692 | | | $ | 546,436 | | | $ | 551,361 | |
The tables below present the Company's disaggregated revenues by segment: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 28, 2025 | | Nine Months Ended June 28, 2025 | | | Pet Segment | | Garden Segment | | Total | | Pet Segment | | Garden Segment | | Total | | | (in millions) | | (in millions) | Other pet products | | $ | 187.3 | | | $ | — | | | $ | 187.3 | | | $ | 465.1 | | | $ | — | | | $ | 465.1 | | Dog and cat products | | 144.5 | | | — | | | 144.5 | | | 442.7 | | | — | | | 442.7 | | Other manufacturers' products | | 106.1 | | | 80.6 | | | 186.7 | | | 321.4 | | | 184.3 | | | 505.7 | | Wild bird products | | 54.6 | | | 78.1 | | | 132.7 | | | 144.5 | | | 213.3 | | | 357.8 | | | | | | | | | | | | | | | Other garden supplies | | — | | | 309.7 | | | 309.7 | | | — | | | 679.6 | | | 679.6 | | Total | | $ | 492.5 | | | $ | 468.4 | | | $ | 960.9 | | | $ | 1,373.7 | | | $ | 1,077.2 | | | $ | 2,450.9 | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 29, 2024 | | Nine Months Ended June 29, 2024 | | | Pet Segment | | Garden Segment | | Total | | Pet Segment | | Garden Segment | | Total | | | (in millions) | | (in millions) | Other pet products | | $ | 194.8 | | | $ | — | | | $ | 194.8 | | | $ | 496.8 | | | $ | — | | | $ | 496.8 | | Dog and cat products | | 152.3 | | | — | | | 152.3 | | | 450.0 | | | — | | | 450.0 | | Other manufacturers' products | | 103.5 | | | 99.5 | | | 203.0 | | | 311.8 | | | 231.8 | | | 543.6 | | Wild bird products | | 57.4 | | | 73.9 | | | 131.3 | | | 138.9 | | | 190.5 | | | 329.4 | | | | | | | | | | | | | | | Other garden supplies | | — | | | 314.9 | | | 314.9 | | | — | | | 711.2 | | | 711.2 | | Total | | $ | 508.0 | | | $ | 488.3 | | | $ | 996.3 | | | $ | 1,397.5 | | | $ | 1,133.5 | | | $ | 2,531.0 | | | | | | | | | | | | | | |
|