NOTES TO FINANCIAL STATEMENTS
NOTE 1 DESCRIPTION OF PLAN
The following description of Central
Garden & Pet Company Investment Growth Plan (the Plan) provides only general information. Participants should refer to the summary plan description or plan document, as amended, for a more complete description of plan provisions.
General
The Plan is a defined contribution plan that was established to provide benefits to eligible employees, as provided in
the plan document. The Plan covers substantially all employees of Central Garden & Pet Company (the Company) except certain groups of employees as defined in the plan document. The Plan is subject to provisions of the Employee Retirement
Income Security Act of 1974, as amended (ERISA). The Company is the Plans sponsor and serves as Plan administrator.
Eligibility
Employees of the Company are eligible to participate in the Plan upon reaching age 21 and after completing 3 months of service on
the first day of the next calendar month.
Contributions
Eligible participants may make pre-tax contributions starting at 1% of
their eligible compensation subject to the annual dollar maximum set by the Internal Revenue Service (IRS). Unless elected otherwise, new eligible employees are automatically enrolled to contribute 3% of their eligible compensation as pre-tax
contributions subject to the IRS limitation. Effective January 1, 2012, participants may make a pre-tax contribution from any cash bonus but deferral election should be made prior to payment of such cash bonus. Participants may also contribute
amounts representing distributions from other qualified plans.
The Company provides a matching contribution equal to 25% of the first 8% of
compensation deferred. The matching contribution is paid at the end of each quarter and may be trued-up at the end of the year. Only those participants employed as of the last day of the quarter are eligible to receive the matching contribution. The
Company matching contributions may be made in cash or in shares of the Companys Class A Common Stock, as determined by the Companys Board of Directors. For 2012 and 2011, the matching contribution was made in shares of the
Companys Class A Common Stock. The Company may elect to contribute a bonus matching contribution on behalf of an eligible class of participants. The bonus matching contribution shall be in the same dollar amount for each eligible
participant.
The Company may also elect to make a discretionary profit sharing contribution to the Plan. Such contribution is allocated to
all eligible employees in proportion to the participants eligible compensation. Participants are eligible for the bonus matching contribution and profit sharing contribution only if they remain employed at the end of the year, unless
employment is terminated due to death, disability, or retirement. The Company did not make a bonus match or discretionary profit sharing contribution for the year ended December 31, 2012.
Participant accounts
Each participants account is credited with the participants contribution, the Companys contributions,
if any, and any income, gains, or losses attributable to the investment mix of the account. Participants may direct the investment of their account balances into various investment options offered by the Plan. The benefit to which a participant is
entitled is the benefit that can be provided from the participants vested account.
Vesting
Participants are immediately
vested in their salary deferrals and voluntary contributions, plus actual earnings thereon. Vesting in Company contributions and earnings thereon is based on years of continuous service and increases in increments of 20% per year until fully
vested after 5 years of credited service.
Notes receivable from participants
Participants may borrow up to 50% of their vested
account balance, with a minimum borrowing of $500 and a maximum of $50,000. Maturities on notes receivable are for a maximum of 5 years, or, for the purchase of a primary residence, a term to be decided by the Plan administrator. Participants are
allowed to have only 1 note receivable outstanding at a time. Notes receivable are secured by the participants vested balances, bear interest at prime plus 1% at the time of the borrowing, and generally must be repaid from payroll deductions
over the loan term. Notes receivable are generally payable in full upon a participants termination of employment or the occurrence of certain other events. Notes receivable at December 31, 2012 and 2011, carry interest rates ranging from
4.25% to 9.50%, with various maturities through June 17, 2028. Delinquent notes receivable are recorded as distributions based on the terms of the plan document.
Payment of benefits
Upon termination of service, death, disability, hardship, attaining age
59
1
/
2
, Qualified Domestic Relations Order, or mandatory distribution at age 70
1
/
2
, a participant may receive the value of the vested interest in his or her account as a distribution. If a
participants balance is equal to or less than $1,000, the balance is distributed immediately in a lump-sum cash payment. If the account balance is over $1,000, the participant can elect either a distribution paid in the form of a lump-sum cash
payment, a direct rollover into another qualified plan, installment payments over a period not longer than life expectancy, or postpone payment to a later date and remain in the Plan as described in the plan documents.
7
CENTRAL GARDEN & PET COMPANY INVESTMENT GROWTH PLAN
NOTES TO FINANCIAL STATEMENTS
Forfeitures
Forfeitures are the non-vested portion of a participants account that is
lost upon termination of employment. Forfeitures are retained in the Plan and used to pay administrative expenses and reduce the Company contribution. As of December 31, 2012 and 2011, forfeited non-vested accounts totaled $276,230 and
$241,629, respectively. During 2012, the amount used to reduce employer contributions and expenses totaled $119,579.
NOTE 2 SUMMARY
OF SIGNIFICANT ACCOUNTING POLICIES
Basis of accounting
The financial statements are prepared on the accrual method of
accounting in accordance with U.S. generally accepted accounting principles (GAAP).
Recent accounting pronouncement
ASU
No. 2011-04In May 2011, the FASB issued ASU No. 2011-04,
Fair Value Measurement (Topic 820)
-
Amendments
to
Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRS.
ASU
No. 2011-04 requires disclosure of valuation techniques for Level 2 and Level 3 measurements and for Level 3 measurements requires disclosure of valuation processes used by the reporting entity and quantitative information about significant
unobservable inputs. ASU No. 2011-04 removes the requirement for non public companies to disclose information about transfers between Level l and Level 2 of the fair value hierarchy. The new guidance is effective for reporting periods beginning
after December 15, 2011. ASU No. 2011-04 has been adopted by the Plan.
Use of estimates
The preparation of financial
statements in conformity with GAAP requires Plan management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and changes therein, and the disclosure of contingent assets and liabilities. Actual results
could differ from those estimates.
Investment valuation
Investments are stated at fair value. Fair value is the price that would
be received to sell an asset or paid to transfer a liability (i.e., the exit price) in an orderly transaction between market participants at the measurement date. See Note 4 for discussion of fair value measurements.
Investment contracts
The ING Fixed Account is a benefit-responsive investment contract. Investment contracts held by a defined contribution
plan are required to be reported at fair value. The fair value of the guaranteed investment contract is calculated by discounting the related cash flows based on current yields of similar instruments with comparable durations. However, contract
value is the relevant measurement attribute for that portion of the net assets available for benefits of a defined contribution plan attributable to fully benefit-responsive investment contracts because contract value is the amount participants
would receive if they were to initiate permitted transactions under the terms of the Plan. The statements of net assets available for benefits present the fair value of the investments, as well as the adjustment from fair value to contract value for
fully benefit-responsive investment contracts. The statement of changes in net assets available for benefits is prepared on a contract value basis.
Contributions to ING under this contract are maintained in a general account that is credited with earnings on the underlying investment and charged for participant withdrawals and administrative
expenses. The contract is included in the financial statements at fair value as reported to the Plan by ING. The fair value of this contract as of December 31, 2012 and 2011 was $43,231,682 and $42,701,398, respectively. Contract value
represents contributions made under the contract, plus earnings, less participant withdrawals and administrative expenses. Participants may ordinarily direct the withdrawal or transfer of all, or a portion, of their investment at contract value. The
contract value of this contract as of December 31, 2012 and 2011 was $39,758,608 and $39,343,799, respectively.
There are no
reserves against contract value for credit risk. The average yield and crediting interest rate was approximately 3.07% for 2012. The crediting interest rate is determined on a monthly basis by an actuarial formula, as designated by ING. The
crediting interest rate is subject to a guaranteed minimum floor, as defined on an annual basis by ING. The floor rate at December 31, 2012, was 3.00%. Interest income from the ING Fixed Account was $1,204,007 for 2012.
Income recognition
Purchases and sales of securities are recorded on a trade-date basis. Dividends are recorded on the ex-dividend date.
Interest income is recorded on the accrual basis. The net appreciation in fair value of investments consists of both the realized gains or losses and unrealized appreciation or depreciation of those investments.
8
CENTRAL GARDEN & PET COMPANY INVESTMENT GROWTH PLAN
NOTES TO FINANCIAL STATEMENTS
Payment of benefits
Benefits are recorded when paid.
Administrative expenses
Administrative expenses and investment advisory fees paid by the Plan for 2012 were $24,895. Other administrative
expenses incurred in the administration of the Plan were paid by the Company.
NOTE 3 INVESTMENTS
Investments representing 5% or more of net assets available for benefits consist of the following as of December 31:
|
|
|
|
|
|
|
|
|
|
|
2012
|
|
|
2011
|
|
ING Fixed Account contract value
|
|
$
|
39,758,608
|
|
|
$
|
39,343,799
|
|
Janus Balanced Fund
|
|
|
23,030,218
|
|
|
|
21,193,080
|
|
Vanguard Institutional Index Fund
|
|
|
17,281,369
|
|
|
|
15,180,224
|
|
Central Garden & Pet Company Class A Common Stock
|
|
|
11,405,036
|
|
|
|
10,175,536
|
|
ING GNMA Income Fund
|
|
|
10,587,630
|
|
|
|
10,963,805
|
|
BlackRock Equity Dividend Institutional Fund
|
|
|
10,259,773
|
|
|
|
(b
|
)
|
Massachusetts Investors Growth Stock Fund R4
|
|
|
10,058,835
|
|
|
|
(b
|
)
|
Loomis Sayles Value Fund
|
|
|
(a
|
)
|
|
|
9,262,980
|
|
American Funds Growth Fund
|
|
|
(a
|
)
|
|
|
8,464,557
|
|
(a)
|
Fund was replaced as an investment option in 2012
|
(b)
|
Fund was not an investment option in 2011
|
The
Plans investments (including investments purchased, sold, as well as held during the year) appreciated in fair value as determined by quoted market prices as follows for the year ended December 31, 2012:
|
|
|
|
|
Registered investment companies
|
|
$
|
8,976,096
|
|
Common stock
|
|
|
3,020,238
|
|
|
|
|
|
|
Total appreciation
|
|
$
|
11,996,334
|
|
|
|
|
|
|
At December 31, 2012 and 2011, the Plans investments in the Central Garden & Pet Company Common Stock
included the following underlying assets:
|
|
|
|
|
|
|
|
|
|
|
2012
|
|
|
2011
|
|
Central Garden & Pet Common Stock
|
|
$
|
778,634
|
|
|
$
|
708,428
|
|
Interest earning cash
|
|
|
28,643
|
|
|
|
30,269
|
|
|
|
|
|
|
|
|
|
|
Central Garden & Pet Common Stock Fund
|
|
$
|
807,277
|
|
|
$
|
738,697
|
|
|
|
|
|
|
|
|
|
|
At December 31, 2012 and 2011, the Plans investments in the Central Garden & Pet Company Class A
Common Stock included the following underlying assets:
|
|
|
|
|
|
|
|
|
|
|
2012
|
|
|
2011
|
|
Central Garden & Pet Company Class A Common Stock
|
|
$
|
11,405,036
|
|
|
$
|
10,175,536
|
|
Interest earning cash
|
|
|
365,402
|
|
|
|
427,614
|
|
|
|
|
|
|
|
|
|
|
Central Garden & Pet Company Class A Common Stock Fund
|
|
$
|
11,770,438
|
|
|
$
|
10,603,150
|
|
|
|
|
|
|
|
|
|
|
9
CENTRAL GARDEN & PET COMPANY INVESTMENT GROWTH PLAN
NOTES TO FINANCIAL STATEMENTS
NOTE 4 FAIR VALUE MEASUREMENTS
The Plan classifies its investments based upon an established fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority
to unadjusted quoted prices in active markets for identical assets or liabilities (level 1 measurement) and the lowest priority to unobservable inputs (level 3 measurements). The three levels of the fair value hierarchy are described below:
|
Level 1:
|
Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities;
|
|
Level 2:
|
Quoted prices in markets that are not considered to be active or financial instruments without quoted market prices, but for which all significant inputs are
observable, either directly or indirectly;
|
|
Level 3:
|
Prices or valuations that require inputs that are both significant to the fair value measurement and unobservable.
|
A financial instruments level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value
measurement.
Following are descriptions of the valuation methodologies used for assets measured at fair value. There have been no changes in
the methodologies used at December 31, 2012 and 2011.
The value of the common stock of Central Garden and Pet Company is determined by
quoted market prices. Accordingly, investments in common stock are classified within level 1 of the valuation hierarchy.
Shares of registered
investment company funds are valued at the net asset value (NAV) of shares held by the Plan at year end. The NAV is a quoted price in an active market and is classified within level 1 of the valuation hierarchy.
The fair value of the guaranteed investment contract, as reported to the Plan by ING, is calculated by discounting the related cash flows based on
current yields of similar instruments with comparable durations, and is classified within level 3 of the valuation hierarchy.
10
CENTRAL GARDEN & PET COMPANY INVESTMENT GROWTH PLAN
NOTES TO FINANCIAL STATEMENTS
The following table discloses by level, the fair value hierarchy, of the Plans assets at fair
value:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2012
|
|
|
|
Level 1
|
|
|
Level 2
|
|
|
Level 3
|
|
|
Total
|
|
Registered investment companies
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Index fund
|
|
$
|
17,281,369
|
|
|
$
|
|
|
|
$
|
|
|
|
$
|
17,281,369
|
|
Balanced fund
|
|
|
39,379,299
|
|
|
|
|
|
|
|
|
|
|
|
39,379,299
|
|
Growth funds
|
|
|
28,552,497
|
|
|
|
|
|
|
|
|
|
|
|
28,552,497
|
|
Fixed income funds
|
|
|
11,705,871
|
|
|
|
|
|
|
|
|
|
|
|
11,705,871
|
|
Target date funds
|
|
|
4,257,592
|
|
|
|
|
|
|
|
|
|
|
|
4,257,592
|
|
Value fund
|
|
|
10,259,773
|
|
|
|
|
|
|
|
|
|
|
|
10,259,773
|
|
Other funds
|
|
|
5,761,952
|
|
|
|
|
|
|
|
|
|
|
|
5,761,952
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common stock
|
|
|
12,183,670
|
|
|
|
|
|
|
|
|
|
|
|
12,183,670
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest earning cash
|
|
|
394,045
|
|
|
|
|
|
|
|
|
|
|
|
394,045
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Guaranteed investment contract
|
|
|
|
|
|
|
|
|
|
|
43,231,682
|
|
|
|
43,231,682
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$
|
129,776,068
|
|
|
$
|
|
|
|
$
|
43,231,682
|
|
|
$
|
173,007,750
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2011
|
|
|
|
Level 1
|
|
|
Level 2
|
|
|
Level 3
|
|
|
Total
|
|
Registered investment companies
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Index fund
|
|
$
|
15,180,224
|
|
|
$
|
|
|
|
$
|
|
|
|
$
|
15,180,224
|
|
Balanced fund
|
|
|
37,299,431
|
|
|
|
|
|
|
|
|
|
|
|
37,299,431
|
|
Growth funds
|
|
|
25,927,499
|
|
|
|
|
|
|
|
|
|
|
|
25,927,499
|
|
Fixed income fund
|
|
|
10,963,805
|
|
|
|
|
|
|
|
|
|
|
|
10,963,805
|
|
Target date funds
|
|
|
1,552,883
|
|
|
|
|
|
|
|
|
|
|
|
1,552,883
|
|
Value fund
|
|
|
9,262,978
|
|
|
|
|
|
|
|
|
|
|
|
9,262,978
|
|
Other funds
|
|
|
6,694,138
|
|
|
|
|
|
|
|
|
|
|
|
6,694,138
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common stock
|
|
|
10,883,964
|
|
|
|
|
|
|
|
|
|
|
|
10,883,964
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest earning cash
|
|
|
457,885
|
|
|
|
|
|
|
|
|
|
|
|
457,885
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Guaranteed investment contract
|
|
|
|
|
|
|
|
|
|
|
42,701,398
|
|
|
|
42,701,398
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$
|
118,222,807
|
|
|
$
|
|
|
|
$
|
42,701,398
|
|
|
$
|
160,924,205
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
The changes in the fair value of the Plans level 3 investments are as follows for the period ended
December 31, 2012:
|
|
|
|
|
|
|
Guaranteed
Investment
Contract
|
|
Balance, beginning of year
|
|
$
|
42,701,398
|
|
Purchases and issuances
|
|
|
5,978,208
|
|
Settlements
|
|
|
(5,563,399
|
)
|
Unrealized gain
|
|
|
115,475
|
|
|
|
|
|
|
Balance, end of year
|
|
$
|
43,231,682
|
|
|
|
|
|
|
Unrealized gains (losses) from the guaranteed investment contract are not included in the statement of changes in net
assets available for benefits as the contract is recorded at contract value for purposes of the net assets available for benefits.
11
CENTRAL GARDEN & PET COMPANY INVESTMENT GROWTH PLAN
NOTES TO FINANCIAL STATEMENTS
Quantitative Information about Significant Unobservable Inputs Used in Level 3 Fair Value
Measurements
The following table presents the Plans level 3 investment, the valuation technique used to measure the fair value of
the investment, and the significant unobservable inputs, and the related values for those inputs.
|
|
|
|
|
|
|
|
|
|
|
Investment
|
|
Fair value
|
|
Valuation
Technique
|
|
Unobservable
Inputs
|
|
Input
Values
|
|
|
|
|
|
|
Guaranteed investment contract
|
|
$43,231,682
|
|
Income Approach
(market
value adjustment)
|
|
Credited rate as of the date of surrender
|
|
|
3.0
|
%
|
|
|
|
|
|
|
|
|
|
|
|
Rate for a 7-year Treasury Bond derived by interpolating between 5-year and 10-year Treasury Bond rates as found in the Salomon Smith Barney Bond Market Roundup for the week
prior to the surrender, plus 0.25%
|
|
|
1.4
|
%
|
|
|
|
|
|
|
|
|
|
|
|
Surrender value to which the market value adjustment applies.
|
|
|
100.0
|
%
|
Sensitivity Analysis
If the credited rate of the guaranteed investment contract as of the date of surrender increases then the market value adjustment increases. If the Treasury Bond rate increases then the market value
adjustment decreases. The surrender value of the guaranteed investment contract will never be less than 100%.
Fair Value of Investments in
Entities that Use Net Asset Value
There are no unfunded commitments, redemption restrictions or notice period applicable to the guaranteed
investment contract.
NOTE 5 TAX STATUS
The IRS has determined and informed the Company by a letter dated January 18, 2011, that the Plan and related trust are designed in accordance with applicable sections of the Internal Revenue Code
(IRC). Subsequent to the receipt of this determination, the Plan was amended. The Plan administrator believes the Plan, as amended, is designed and is currently being operated in compliance with the applicable requirements of the IRC. Therefore, no
provision for income taxes has been included in the Plans financial statements.
GAAP requires Plan management to evaluate tax positions
taken by the Plan and recognize a tax liability (or asset) if the Plan has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS. The Plan administrator has analyzed the tax positions taken by the
Plan, and has concluded that as of December 31, 2012, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The Plan is subject to
routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The Plan administrator believes the Plan is no longer subject to income tax examinations for years prior to 2009.
NOTE 6 RISKS AND UNCERTAINTIES
The participants invest in various investment securities. Investment securities are exposed to various risks, such as market, interest rate, and credit
risk. It is reasonably possible that given the level of risk associated with investment securities, changes in the near term could materially affect a participants account balance and the amounts reported in the financial statements.
12
CENTRAL GARDEN & PET COMPANY INVESTMENT GROWTH PLAN
NOTES TO FINANCIAL STATEMENTS
NOTE 7 PARTY-IN-INTEREST TRANSACTIONS
As allowed by the Plan, participants may elect to invest their salary deferral contributions and employer matching contributions in the Companys
common stock. The aggregate investment in the Companys common stock was as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2012
|
|
|
2011
|
|
|
|
Number of Shares
|
|
|
Fair Value
|
|
|
Number of Shares
|
|
|
Fair Value
|
|
Central Garden & Pet Company
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class A Common Stock
|
|
|
1,091,391
|
|
|
$
|
11,405,036
|
|
|
|
1,223,401
|
|
|
$
|
10,175,536
|
|
Central Garden & Pet Company
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common Stock
|
|
|
77,708
|
|
|
|
778,634
|
|
|
|
86,817
|
|
|
|
708,428
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$
|
12,183,670
|
|
|
|
|
|
|
$
|
10,883,964
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Plan investments include shares of registered investment company funds managed by ING Trust. Any purchases and sales of
these funds are performed in the open market at fair value. As ING Trust is the custodian and trustee of the Plan, transactions with this entity qualify as exempt party-in-interest transactions.
NOTE 8 PLAN TERMINATION
Although
it has not expressed any intention to do so, the Company has the right to terminate the Plan and discontinue its contributions at any time. If the Plan is terminated, amounts allocated to a participants account become fully vested.
NOTE 9 RECONCILIATION TO FORM 5500
The financial statements are prepared on the accrual basis of accounting while the Form 5500 is prepared on cash basis of accounting.
The following is a reconciliation of net assets available for benefits per financial statements to the Form 5500 as of December 31, 2012 and 2011:
|
|
|
|
|
|
|
|
|
|
|
2012
|
|
|
2011
|
|
Net assets available for benefits per the financial statements
|
|
$
|
173,635,779
|
|
|
$
|
162,233,893
|
|
Less contributions receivable, end of year
|
|
|
|
|
|
|
|
|
Participant
|
|
|
|
|
|
|
(73,079
|
)
|
Employer
|
|
|
(515,246
|
)
|
|
|
(587,532
|
)
|
|
|
|
|
|
|
|
|
|
Net assets available for benefits per Form 5500
|
|
$
|
173,120,533
|
|
|
$
|
161,573,282
|
|
|
|
|
|
|
|
|
|
|
13
CENTRAL GARDEN & PET COMPANY INVESTMENT GROWTH PLAN
NOTES TO FINANCIAL STATEMENTS
The following is a reconciliation of contributions per financial statements to the Form 5500 as of
December 31, 2012:
|
|
|
|
|
|
|
2012
|
|
Contributions per the financial statements
|
|
$
|
12,393,941
|
|
Add contributions receivable, beginning of year
|
|
|
|
|
Participant
|
|
|
73,079
|
|
Employer
|
|
|
587,532
|
|
Less contributions receivable, end of year
|
|
|
|
|
Participant
|
|
|
|
|
Employer
|
|
|
(515,246
|
)
|
|
|
|
|
|
Contributions per the Form 5500
|
|
$
|
12,539,306
|
|
|
|
|
|
|
14
SUPPLEMENTAL SCHEDULE
CENTRAL GARDEN & PET COMPANY INVESTMENT GROWTH PLAN
SCHEDULE H, LINE 4(i)SCHEDULE OF ASSETS (HELD AT END OF YEAR)
December 31, 2012
Employer
identification number: 68-0275553
Plan number: 001
Schedule H, Line 4(i)