Inventories



June 30, 2013	Processed		Unprocessed		Total
	(In thousands)
Coffee	$	12,553	$	12,796	$	25,349
Tea and culinary products	21,406		4,194		25,600
Coffee brewing equipment	5,144		4,774		9,918
	$	39,103	$	21,764	$	60,867


	Processed		Unprocessed		Total
June 30, 2012	(In thousands)
Coffee	$	15,485	$	11,836	$	27,321
Tea and culinary products	24,502		4,817		29,319
Coffee brewing equipment	3,977		5,364		9,341
	$	43,964	$	22,017	$	65,981

Current cost of coffee, tea and culinary inventories exceeds the LIFO cost by:



	June 30,
(In thousands)	2013		2012
Coffee	$	27,755	$	34,844
Tea and culinary products	7,757		7,239
Total	$	35,512	$	42,083

In fiscal 2013, as a result of optimizing and simplifying its product portfolio and discontinuing over 800 SKU's, the Company established a reserve for slow-moving and obsolete inventory in the amount of $0.7 million.

In fiscal 2013 and 2012, certain inventory quantities were reduced. This reduction resulted in the liquidation of LIFO inventory quantities carried at lower costs prevailing in prior years. The beneficial effect of this liquidation of LIFO inventory quantities reduced cost of goods sold and net loss for fiscal 2013, 2012 and 2011 by $1.1 million, $14.2 million and $1.1 million, respectively.