-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, DIdYxhpi6SmuUKMSi4UC1OavF5Ss+trAd4/hfDfpa7p82PlHq/WK60oHBwyoQ3hP 7fA1Id5FyJ5nkjqFU6k0dA== 0001193125-07-145619.txt : 20070628 0001193125-07-145619.hdr.sgml : 20070628 20070628160623 ACCESSION NUMBER: 0001193125-07-145619 CONFORMED SUBMISSION TYPE: 11-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20061231 FILED AS OF DATE: 20070628 DATE AS OF CHANGE: 20070628 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CHURCH & DWIGHT CO INC /DE/ CENTRAL INDEX KEY: 0000313927 STANDARD INDUSTRIAL CLASSIFICATION: SOAP, DETERGENT, CLEANING PREPARATIONS, PERFUMES, COSMETICS [2840] IRS NUMBER: 134996950 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 11-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10585 FILM NUMBER: 07946993 BUSINESS ADDRESS: STREET 1: 469 N HARRISON ST CITY: PRINCETON STATE: NJ ZIP: 08543-5297 BUSINESS PHONE: 6096835900 MAIL ADDRESS: STREET 1: 469 N HARRISON STREET CITY: PRINCETON STATE: NJ ZIP: 08543-5297 11-K 1 d11k.htm FORM 11-K - HOURLY EMPLOYEES Form 11-K - Hourly Employees
Table of Contents

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 


FORM 11-K

 


(Mark One)

x ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended December 31, 2006

OR

 

¨ TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from              to             .

Commission File Number 1-10585

 


 

A. Full title of plan and the address of the plan, if different from that of the issue named below:

CHURCH & DWIGHT CO., INC. SAVINGS AND PROFIT SHARING PLAN

FOR HOURLY EMPLOYEES

 

B. Name of issuer of securities held pursuant to the plan and the address of its principal executive office:

CHURCH & DWIGHT CO., INC.

469 NORTH HARRISON STREET

PRINCETON, NEW JERSEY 08543-5297

 



Table of Contents

CHURCH & DWIGHT CO., INC.

SAVINGS AND PROFIT SHARING PLAN FOR

HOURLY EMPLOYEES (FORMERLY THE

CHURCH & DWIGHT CO., INC. PROFIT SHARING PLAN)

Table of Contents

 

     Page
Financial Statements and Supplemented Schedules:   

Report of Independent Registered Public Accounting Firm

   2
Financial Statements:   

Statement of Net Assets Available for Benefits December 31, 2006

   3

Statement of Changes in Net Assets Available for Benefits Year Ended December 31, 2006

   4

Notes to Financial Statements

   5-11
Supplemental Schedules:   

Schedule of Assets (Held at end of year) (Schedule H, Line 4i) December 31, 2006

   12
All other schedules are omitted since they are not applicable or are not required based on the disclosure requirements of the Employee Retirement Income Security Act of 1974 and applicable regulations issued by the Department of Labor.   
Exhibit   

23.1 Consent of Independent Registered Public Accounting Firm

  


Table of Contents

Report of Independent Registered Public Accounting Firm

The Retirement and Administrative Committee,

    Plan Administrator and Participants

Church & Dwight Co., Inc. Savings and Profit

    Sharing Plan for Hourly Employees

We have audited the accompanying statements of net assets available for benefits of Church & Dwight Co., Inc. Savings and Profit Sharing Plan for Hourly Employees (formerly Church & Dwight Co., Inc. Profit Sharing Plan) as of December 31, 2006 and 2005, and the related statements of changes in net assets available for benefits for the years then ended. These financial statements are the responsibility of the Plan’s management. Our responsibility is to express an opinion on these financial statements based on our audits.

We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in all material respects, the net assets available for benefits of Church & Dwight Co., Inc. Savings and Profit Sharing Plan for Hourly Employees as of December 31, 2006 and 2005, and the changes in its net assets available for benefits for the years then ended, in conformity with accounting principles generally accepted in the United States of America.

Our audits were performed for the purpose of forming an opinion on the basic financial statements taken as a whole. The supplemental schedule of assets (held at end of year) is presented for the purpose of additional analysis and is not a required part of the basic financial statements but is supplementary information required by the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. This supplemental schedule is the responsibility of the Plan’s management. The supplemental schedule has been subjected to the auditing procedures applied in the audit of the basic 2006 financial statements and, in our opinion, is fairly stated in all material respects in relation to the basic 2006 financial statements taken as a whole.

/s/ J.H. Cohn LLP

Roseland, New Jersey

June 28, 2007

 

2


Table of Contents

CHURCH & DWIGHT CO., INC.

SAVINGS AND PROFIT SHARING PLAN FOR

HOURLY EMPLOYEES (FORMERLY THE

CHURCH & DWIGHT CO., INC. PROFIT SHARING PLAN)

STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS

DECEMBER 31, 2006 AND 2005

 

ASSETS

   2006    2005

Investments, at fair value

   $ 69,627,758    $ 212,105,477

Participant loans

     1,669,049      2,343,679
             

Totals

     71,296,807      214,449,156
             

Receivables:

     

Employer contributions

     3,549,561      9,852,700

Participant contributions

     —        260
             

Totals

     3,549,561      9,852,960

Cash

     —        202
             

Net assets available for benefits

   $ 74,846,368    $ 224,302,318
             

See Notes to Financial Statements.

 

3


Table of Contents

CHURCH & DWIGHT CO., INC.

SAVINGS AND PROFIT SHARING PLAN FOR

HOURLY EMPLOYEES (FORMERLY THE

CHURCH & DWIGHT CO., INC. PROFIT SHARING PLAN)

STATEMENTS OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS

YEARS ENDED DECEMBER 31, 2006 AND 2005

 

     2006     2005

Investment income:

    

Net appreciation in fair value of investments

   $ 7,599,462     $ 3,373,922

Dividend and interest income

     2,567,282       5,317,552
              

Totals

     10,166,744       8,691,474
              

Contributions:

    

Participant

     2,811,196       11,168,121

Employer

     3,701,345       9,531,804
              

Totals

     6,512,541       20,699,925
              

Totals

     16,679,285       29,391,399
              

Deductions from net assets attributable to:

    

Distributions to participants

     4,747,308       17,372,454

Other charges

     13,256       4,882
              

Totals

     4,760,564       17,377,336
              

Net increase in plan assets before transfers

     11,918,721       12,014,063

Transfers out to other plan

     (161,374,671 )     —  
              

Net increase (decrease) in plan assets after transfers

     (149,455,950 )     12,014,063

Net assets available for benefits:

    

Beginning of year

     224,302,318       212,288,255
              

End of year

   $ 74,846,368     $ 224,302,318
              

See Notes to Financial Statements.

 

4


Table of Contents

CHURCH & DWIGHT CO., INC.

SAVINGS AND PROFIT SHARING PLAN FOR

HOURLY EMPLOYEES (FORMERLY THE

CHURCH & DWIGHT CO., INC. PROFIT SHARING PLAN)

NOTES TO FINANCIAL STATEMENTS

Note 1 - Description of Plan:

The following description of Church & Dwight Co., Inc. (the “Company”) Savings and Profit Sharing Plan for Hourly Employees (the “Plan”) provides only general information. Participants should refer to the Plan agreement for a more complete description of the Plan’s provisions.

General:

Effective July 1, 1994, Church & Dwight Co., Inc. Profit Sharing Plan and Church & Dwight Co., Inc. Savings Plan were merged, with the profit sharing plan being the survivor of the merger. Effective with the merger described above, the Plan was amended and restated to provide a cash or deferred arrangement (Internal Revenue Code Section 401(k)), for after-tax employee contributions and employer matching contributions. The Plan is subject to the provisions of the Employee Retirement Income Security Act (“ERISA”).

Effective January 1, 2006, the Plan was renamed Church & Dwight Co., Inc. Savings and Profit Sharing Plan for Hourly Employees and amended to exclude salaried employees. Coincident with such changes, the Company established Church & Dwight Co., Inc. Savings and Profit Sharing Plan for Salaried Employees (collectively, the “New Plans”) to which the account balances of salaried employees under the Plan were transferred.

All hourly employees of the Company are eligible for participation in the Plan except for the following:

Hourly employees from Green River, Wyoming, hired before July 1, 1987 are not permitted to share in the allocation of any profit sharing contributions if the employee made an irrevocable election to stay in the Church & Dwight Co., Inc. Pension Plan For Green River Plant Hourly-Paid Employees. All hourly employees in Green River, Wyoming are eligible to make pre- and post-tax contributions and receive Company match.

Employees of the Syracuse, New York plant, whose employment was covered under the terms of a labor agreement between the Company and the United Steelworkers of America, Local 1263, shall not be permitted to share in the allocation of profit sharing contributions or to elect to have basic or additional pre-tax contributions made to the Plan.

Effective July 1, 2001, a regular employee shall include any nonunion hourly-paid employee of the Company who is employed at the Company’s North Brunswick, New Jersey, Harrisonville, Missouri or Chicago, Illinois facilities. Employees at the Company’s North Brunswick, New Jersey facility were not permitted to share in any allocations of profit sharing contributions until January 1, 2003.

 

5


Table of Contents

CHURCH & DWIGHT CO., INC.

SAVINGS AND PROFIT SHARING PLAN FOR

HOURLY EMPLOYEES (FORMERLY THE

CHURCH & DWIGHT CO., INC. PROFIT SHARING PLAN)

NOTES TO FINANCIAL STATEMENTS

Note 1 - Description of Plan (continued):

 

Employees at the London, Ohio facility who are members of the United Industrial Workers Service, Transportation, Professional and Government Union of North America, were not permitted to share in any allocations of profit sharing contributions and/or matching contributions until January 1, 2002.

Administrative expenses:

Certain administrative costs are paid by the Company.

Contributions:

Participants may elect to make basic pre- or post-tax contributions of 1% to 6% of compensation, provided, however, that all contributions must be fixed in multiples of 1%. Participants may also elect to make additional pre- and post-tax contributions not to exceed 6%. Total participant contributions cannot exceed 12% of compensation. Participants who have attained age 50 before the end of the Plan year are eligible to make catch-up contributions. The Company matches an amount equal to 50% of each participant’s basic pre- or post-tax contribution.

Company matching contributions are invested in the Company Stock Fund. Participants specify which investment funds, in increments of 5% that their contributions are invested in, provided that not more than 50% of such contributions are contributed to the Company Stock Fund. Effective January 1, 2002, participants who attain or have attained age 55 and have completed 10 years of services may direct their matching contribution account be invested in any one or more investment funds.

As of each December 31, the Company shall make a profit sharing contribution to the fund in such amount, if any, as the Board in its discretion deems appropriate; provided, however, that the minimum contribution shall be 4% for 2003 and beyond as long as this plan design is in place.

The participant will specify in which investment fund, in increments of 5%, that the Company’s profit sharing contributions to their account will be invested.

A participant may, with the consent of the Plan administrator, make a rollover contribution to the Plan at any time. Rollover contributions are assets transferred to the Plan from a qualified savings plan in which employees participated prior to their employment by the Company.

 

6


Table of Contents

CHURCH & DWIGHT CO., INC.

SAVINGS AND PROFIT SHARING PLAN FOR

HOURLY EMPLOYEES (FORMERLY THE

CHURCH & DWIGHT CO., INC. PROFIT SHARING PLAN)

NOTES TO FINANCIAL STATEMENTS

Note 1 - Description of Plan (continued):

 

Participant accounts:

Each participant’s account is credited with the participant’s contribution and allocations of (a) the Company’s contributions and (b) Plan earnings, and charged with an allocation of administrative expenses. Allocations are based on participant earnings or account balances, as defined. The benefit to which a participant is entitled is the benefit that can be provided from the participant’s vested account.

Vesting:

Participants are fully vested at all times in their basic and additional pre- or post-tax contributions and rollover contributions. Participants vest in the Company’s matching contributions at the rate of 20% for each year of service, as defined in the Plan document and will become 100% vested after 5 years of service.

Participants vest in their profit sharing accounts as follows:

 

Service

  

Vested

Percentage

 

Less than 2 years

   0 %

2 years but less than 3 years

   25  

3 years but less than 4 years

   50  

4 years but less than 5 years

   75  

5 years or more

   100  

Upon termination of employment for any reason, other than retirement, death or total and permanent disability, a participant shall be entitled to a benefit equal to the vested portion, if any, of the participant’s profit sharing account and Company matching contributions. A participant shall be 100% vested in the participant’s profit sharing account and Company matching contributions upon the attainment of normal retirement age, death or disability.

Participant loans:

A participant may request a loan to be made from the value of the vested portion of the participant’s account for a minimum of $500 up to a maximum equal to the lesser of $50,000 or 50% of their account balance, whichever is less. Loans are secured by an equivalent lien on the participant’s nonforfeitable interest in the Plan and bear interest at prime plus 1%. Principal and interest are paid ratably through weekly payroll deductions.

Distributions:

The normal form of a benefit payment shall be a single life annuity, payable monthly and terminating with the last payment preceding the participant’s death. If the participant is married on the date benefits commence, the participant

 

7


Table of Contents

CHURCH & DWIGHT CO., INC.

SAVINGS AND PROFIT SHARING PLAN FOR

HOURLY EMPLOYEES (FORMERLY THE

CHURCH & DWIGHT CO., INC. PROFIT SHARING PLAN)

NOTES TO FINANCIAL STATEMENTS

Note 1 - Description of Plan (continued):

 

shall automatically receive a qualified joint and survivor annuity under which the benefits shall continue following the participant’s death to the surviving spouse during the spouse’s lifetime at a rate that is 50% of the amount payable during the joint lives of the participant and spouse and is the actuarial equivalent of a single life annuity for the life of the participant. The participant may elect a lump sum payment in lieu of the monthly annuity.

Forfeitures:

Forfeitures of nonvested Company matching and profit-sharing contributions are used to reduce future Company contributions. During the years ended December 31, 2006 and 2005, Company matching and profit-sharing contributions were reduced by $265,633 and $207,896, respectively, for such forfeitures. The amount in the forfeitures account was $407,034 and $518,838 as of December 31, 2006 and 2005, respectively.

Note 2 - Summary of significant accounting policies:

Basis of presentation:

The accompanying financial statements are prepared on the accrual basis of accounting.

Use of estimates:

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires Plan management to make estimates and assumptions that affect certain reported amounts and disclosures. Accordingly, actual results could differ from those estimates.

Investment valuation and income recognition:

Investments in mutual funds are carried at market as determined by Mercer Trust Company (the “Trustee”), which was changed from the Former Trustee, Putnam Fiduciary Trust Company, on January 1, 2005, based upon quoted market prices. The investment in Company common stock is valued at the closing price as quoted by a national exchange. In accordance with this policy, the net gain (loss) for each year is reflected in the statements of changes in net assets available for benefits. Participant loans are valued at their outstanding balance, which approximate fair value.

Purchases and sales of securities are recorded on a trade-date basis. Dividends are recorded on the ex-dividend date. Interest income is recorded as earned on an accrual basis.

Payment of benefits:

Benefits are recorded when paid.

 

8


Table of Contents

CHURCH & DWIGHT CO., INC.

SAVINGS AND PROFIT SHARING PLAN FOR

HOURLY EMPLOYEES (FORMERLY THE

CHURCH & DWIGHT CO., INC. PROFIT SHARING PLAN)

NOTES TO FINANCIAL STATEMENTS

 

Note 3 - Investments:

The following table presents investments that represent 5% or more of the Plan’s net assets at December 31, 2006 and 2005:

 

     2006    2005

Church & Dwight Co., Inc. common stock

   $ 26,612,239    $ 71,260,324

Putnam Voyager Fund

     5,896,778      18,480,869

Putnam Stable Value Fund

     10,073,326      32,681,057

Putnam International Equity Fund

     4,008,972      11,503,118

The Plan’s investment assets appreciated (depreciated) in fair value as determined by quoted market prices as follows:

 

     2006     2005  

Company Stock Fund

   $ 6,192,240     $ (1,044,597 )

PIMCO Total Return Fund

     (25,750 )     (153,708 )

George Putnam Fund of Boston

     17,772       (63,173 )

Putnam Growth and Income Fund

     11,366       111,450  

Putnam Vista Fund

     124,347       1,093,618  

Putnam Voyager Fund

     299,232       849,597  

Putnam International Equity Fund

     588,737       1,028,683  

Neuberger Berman Genesis Fund

     (31,431 )     1,185,911  

Vanguard S&P 500 Index Fund

     160,179       180,151  

Lord Abbett Mid Cap Value Fund

     (2,864 )     (48,082 )

ING Index Plus Small Cap Fund

     (12,610 )     (943 )

Putnam Stable Value Fund

     —         (865 )

Putnam Retirementready Maturity Fund

     1,529       (4,657 )

Putnam Retirementready 2010 Fund

     (3,822 )     (3,460 )

Putnam Retirementready 2015 Fund

     (970 )     (12,595 )

Putnam Retirementready 2020 Fund

     43,566       92,858  

Putnam Retirementready 2025 Fund

     50,327       52,683  

Putnam Retirementready 2030 Fund

     72,972       48,781  

Putnam Retirementready 2035 Fund

     55,293       33,208  

Putnam Retirementready 2040 Fund

     40,246       19,291  

Putnam Retirementready 2045 Fund

     16,389       9,424  

Putnam Retirementready 2050 Fund

     2,714       347  
                

Totals

   $ 7,599,462     $ 3,373,922  
                

 

9


Table of Contents

CHURCH & DWIGHT CO., INC.

SAVINGS AND PROFIT SHARING PLAN FOR

HOURLY EMPLOYEES (FORMERLY THE

CHURCH & DWIGHT CO., INC. PROFIT SHARING PLAN)

NOTES TO FINANCIAL STATEMENTS

 

Note 4 - Nonparticipant-directed investments:

Information about the net assets and the significant components of the changes in net assets relating to the nonparticipant-directed investments is as follows as of December 31, 2006 and 2005 and for the years then ended:

 

     2006     2005  

Net assets:

    

Company Stock Fund

   $ 107,850     $ 2,793,697  
                

Changes in net assets:

    

Net appreciation (depreciation)

   $ 190,078     $ (2,705 )

Dividends/interest

     3,533       5,244  

Employer contributions

     245,234       903,655  

Transfer to other plan

     (1,928,935 )  

Terminations and withdrawals

     (62,193 )     (150,720 )

Forfeitures

     (21,831 )     (95,591 )

Transfers to participant – directed investments

     (1,109,979 )     (1,307,301 )

Loans

     (23,013 )     (33,483 )

Fees and miscellaneous

     21,259       93,730  
                

Net decrease

     (2,685,847 )     (587,171 )

Balance, beginning of year

     2,793,697       3,380,868  
                

Balance, end of year

   $ 107,850     $ 2,793,697  
                

Only the Company matching contributions made to the Company Stock Fund are nonparticipant-directed investments.

Note 5 - Related party transactions:

The Trustee is provided with the authority to invest, sell, dispose of or otherwise deal with such assets held in trust based on the most recent agreement dated July 1, 1996 with the Company. Certain Plan investments are in shares of mutual funds managed by the Trustee and, therefore, these transactions qualify as party-in-interest transactions.

The Company is also a party-in-interest to the Plan under the definition provided in Section 3 (14) of ERISA. Therefore, the Company’s common stock transactions qualify as party-in-interest transactions.

 

10


Table of Contents

CHURCH & DWIGHT CO., INC.

SAVINGS AND PROFIT SHARING PLAN FOR

HOURLY EMPLOYEES (FORMERLY THE

CHURCH & DWIGHT CO., INC. PROFIT SHARING PLAN)

NOTES TO FINANCIAL STATEMENTS

 

Note 6 - Plan termination:

The Company intends to continue the Plan indefinitely, but reserves the right to terminate it at any time, subject to the provisions of ERISA. Upon termination of the Plan or upon complete discontinuance of contributions, all participants will become fully vested in their account balances under the Plan.

Note 7 - Tax status:

The Internal Revenue Service has determined and informed the Company by letter dated August 20, 2003, that the Plan is qualified and the trust established under the Plan is tax-exempt, under the appropriate sections of the Internal Revenue Code. The Plan has been amended since receiving the determination letter. However, the Plan administrator and the Plan’s tax counsel believe that the Plan is currently designed and being operated in compliance with the applicable requirements of the Internal Revenue Code. Therefore, they believe that the Plan was qualified and the related trust was tax-exempt as of the financial statement date.

Note 8 - Risks and uncertainties:

The Plan invests in various investment securities. Investment securities are exposed to various risks such as interest rate, market and credit risks. Due to the level of risk associated with certain investment securities, it is at least reasonably possible that changes in the values of investment securities will occur in the near term and that such changes could materially affect participants’ account balances and the amounts reported in the statement of net assets available for benefits.

 

11


Table of Contents

CHURCH & DWIGHT CO., INC.

SAVINGS AND PROFIT SHARING PLAN FOR

HOURLY EMPLOYEES (FORMERLY THE

CHURCH & DWIGHT CO., INC. PROFIT SHARING PLAN)

EIN #13-4996950

Plan #006

SCHEDULE OF ASSETS (HELD AT END OF YEAR)

(Schedule H, Line 4i)

DECEMBER 31, 2006

 

Identity of Issuer, Borrower, Lessor or Similar Party

  

Investment
Description

   Cost    Current
Value

*Church & Dwight Co., Inc.

   Common Stock    $ 10,687,605    $ 26,612,239

  PIMCO Total Return Fund

   Mutual Fund      2,392,428      2,352,151

*George Putnam Fund of Boston

   Mutual Fund      2,512,757      2,609,040

*Putnam Growth and Income Fund

   Mutual Fund      2,110,869      2,222,027

*Putnam Vista Fund

   Mutual Fund      1,791,740      2,320,181

*Putnam Voyager Fund

   Mutual Fund      5,040,535      5,896,778

*Putnam Retirementready Maturity

   Mutual Fund      137,639      138,337

*Putnam Retirementready 2010 Fund

   Mutual Fund      978,592      972,107

*Putnam Retirementready 2015 Fund

   Mutual Fund      1,799,253      1,790,077

*Putnam Retirementready 2020 Fund

   Mutual Fund      1,262,412      1,316,167

*Putnam Retirementready 2025 Fund

   Mutual Fund      1,169,543      1,227,006

*Putnam Retirementready 2030 Fund

   Mutual Fund      1,243,750      1,323,752

*Putnam Retirementready 2035 Fund

   Mutual Fund      870,356      928,590

*Putnam Retirementready 2040 Fund

   Mutual Fund      637,042      683,540

*Putnam Retirementready 2045 Fund

   Mutual Fund      263,164      281,172

*Putnam Retirementready 2050 Fund

   Mutual Fund      76,825      79,731

  ING Index Plus Small Cap Fund

   Mutual Fund      218,081      206,843

*Putnam Stable Value Fund

   Mutual Fund      10,073,326      10,073,326

*Putnam International Equity Fund

   Mutual Fund      3,001,364      4,008,972

  Neuberger Berman Genesis Fund

   Mutual Fund      1,521,213      1,753,352

  Vanguard S&P 500 Index Fund

   Mutual Fund      1,196,548      1,453,849

  Lord Abbett Mid Cap Value Fund

   Mutual Fund      1,231,994      1,378,521
                
        50,217,036      69,627,758

Participant loans (various maturity dates, with interest rates ranging from 5.0% to 9.25%)

   Loan      —        1,669,049
                

Totals

      $ 50,217,036    $ 71,296,807
                

* Party-in-interest.

See Report of Independent Registered Public Accounting Firm

 

12


Table of Contents

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the trustees (or other persons who administer the plan) have duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized.

 

            Church & Dwight Co., Inc. Profit Sharing Plan for Hourly
Employees

Date: June 28, 2007

    By:  

/s/ Gary P. Halker

      Name:   Gary P. Halker
      Title:   Vice President, Finance and Treasurer
        Church & Dwight Co., Inc.
EX-23.1 2 dex231.htm CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM Consent of Independent Registered Public Accounting Firm

Exhibit 23.1

Consent of Independent Registered Public Accounting Firm

We consent to the incorporation by reference in Registration Statement No. 1-10585 of Church & Dwight Co., Inc. Profit Sharing Plan for Hourly Employees (formerly Church & Dwight Co., Inc. Profit Sharing Plan) on Form S-8 of our report dated June 28, 2007, appearing in the Annual Report on Form 11-K of Church & Dwight Co., Inc. Savings & Profit Sharing Plan for Hourly Employees for the year ended December 31, 2006.

/s/ J.H. Cohn LLP

Roseland, New Jersey

June 28, 2007

-----END PRIVACY-ENHANCED MESSAGE-----