Central Garden & Pet Company CENT Pet Products Segment — Impairment charge
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Where this comes from
Reported directly by Central Garden & Pet Company in its filing.
Tagged under the XBRL concept us-gaap:ImpairmentOfIntangibleAssetsExcludingGoodwill.
The source filing: Central Garden & Pet Company’s 10-K, filed November 26, 2025.
- Filed
- Nov 26, 2025
- Fiscal year
- FY2025
- Accession
- 0000887733-25-000041
The Company measures certain non-financial assets and liabilities, including long-lived assets, goodwill, intangible assets and right-of-use assets at fair value on a non-recurring basis. Fair value measurements of non-financial assets and non-financial liabilities are used primarily in the impairment analyses of long-lived assets, goodwill and other intangible assets. In fiscal year ended September 27, 2025, impairment charges of approximately $1.0 million in the Company's Pet segment was recorded as part of selling, general and administrative expenses in the consolidated statements of operations. In fiscal year ended September 28, 2024, impairment charges of approximately $12.8 million in the Company's Pet segment was recorded as part of selling, general and administrative expenses in the consolidated statements of operations. In fiscal year ended September 30, 2023, impairment charges of approximately $7.5 million and $3.9 million in the Company's Pet and Garden segments, respectively, were recorded as part of selling, general and administrative expenses in the consolidated statements of operations.
Item 16. Form 10-K Summary
FAQ
- What is Central Garden & Pet Company's pet products segment — impairment charge?
- Central Garden & Pet Company (CENT) reported pet products segment — impairment charge of $250K in Q3 2025.
- How has Central Garden & Pet Company's pet products segment — impairment charge changed year-over-year?
- Central Garden & Pet Company's pet products segment — impairment charge decreased by 92.2% year-over-year, from $3.2M to $250K.
- What does pet products segment — impairment charge mean?
- Represents the non-cash expense recognized when the carrying value of an asset within the pet products business segment exceeds its fair value. This charge reflects a downward adjustment in the expected future economic benefits of specific assets, signaling potential operational or market challenges within the segment.
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