Derivative Financial Instruments (Tables)

12 Months Ended

Sep. 28, 2013

Derivative Financial Instruments

Summary of fair value of derivatives included on Consolidated Balance Sheets

The following table summarizes the fair value of the Company's derivatives included on the Consolidated Balance Sheets (in thousands) as of:

	September 28, 2013			September 29, 2012			Balance Sheet Classification
Derivatives designated as hedges:
Interest rate swaps	$	(6,004	)	$	(9,019	)	Other current liabilities
Coffee futures		(3,809	)		(342	)	Other current liabilities
Foreign currency forward contracts		(141	)		—		Other current liabilities
Foreign currency forward contracts		13			—		Other current assets
		(9,941	)		(9,361	)
Derivatives not designated as hedges:
Cross currency swap		(1,253	)		(7,242	)	Other current liabilities
		(1,253	)		(7,242	)
Total	$	(11,194	)	$	(16,603	)

Summary of outstanding coffee futures contracts

  The following table summarizes the coffee futures contracts outstanding as of September 28, 2013 (in thousands, except for average contract price and "C" price):

Coffee Pounds		Average Contract Price		"C" Price		Maturity	Fair Value of Futures Contracts
	375	$	1.50	$	1.14	December 2013	$	(138	)
	5,887	$	1.39	$	1.17	March 2014		(1,308	)
	11,438	$	1.30	$	1.19	May 2014		(1,222	)
	10,875	$	1.32	$	1.21	July 2014		(1,141	)
	28,575						$	(3,809	)

        The following table summarizes the coffee futures contracts outstanding as of September 29, 2012 (in thousands, except for average contract price and "C" price):

Coffee Pounds		Average Contract Price		"C" Price		Maturity	Fair Value of Futures Contracts
	938	$	1.92	$	1.74	December 2012	$	(169	)
	938	$	1.96	$	1.78	March 2013		(171	)
	675	$	1.80	$	1.80	May 2013		(1	)
	375	$	1.83	$	1.83	July 2013	$	(1	)
	262	$	1.86	$	1.86	September 2013	$	0
	3,188						$	(342	)

Summary of gain (loss), gross of tax, on financial instruments that qualify for hedge accounting included in OCI

 The following table summarizes the amount of gain (loss), gross of tax, on financial instruments that qualify for hedge accounting included in OCI (in thousands):

	Fiscal 2013			Fiscal 2012			Fiscal 2011
Cash Flow Hedges:
Interest rate swaps	$	3,014		$	1,250		$	(7,928	)
Coffee futures		(6,617	)		(2,484	)		407
Forward currency forward contracts		(129	)		—			—
Total	$	(3,732	)	$	(1,234	)	$	(7,521	)

Summary of gain (loss), gross of tax, reclassified from OCI to income

 The following table summarizes the amount of gain (loss), gross of tax, reclassified from OCI to income (in thousands):

	Fiscal 2013			Fiscal 2012			Fiscal 2011
Interest rate cap	$	—		$	—		$	(392	)	Gain (loss) on financial instruments, net
Coffee futures		(1,482	)		(1,359	)		(27	)	Cost of Sales
Forward currency forward contracts		(2	)		—			—		(Loss) gain on foreign currency, net
Total	$	(1,484	)	$	(1,359	)	$	(419	)

Summarizes the amount of gain (loss), gross of tax, on fair value hedges and related hedged items

The following table summarizes the amount of gain (loss), gross of tax, on fair value hedges and related hedged items (in thousands):

	Fiscal 2013			Fiscal 2012			Fiscal 2011		Location of gain (loss) recognized in income on derivative
Foreign currency forward contracts
Net loss on hedging derivatives	$	(10	)	$	(48	)	$	—	(Loss) gain on foreign currency, net
Net gain on hedged items	$	10		$	48		$	—	(Loss) gain on foreign currency, net

Schedule of net losses on financial instruments not designated as hedges for accounting purposes recorded in gain (loss) on financial instruments, net

 Net losses on financial instruments not designated as hedges for accounting purposes recorded in gain (loss) on financial instruments, net, is as follows (in thousands):

	Fiscal 2013		Fiscal 2012			Fiscal 2011
Net gain (loss) on cross currency swap	$	5,513	$	(4,918	)	$	(2,324	)
Net gain (loss) on coffee futures		—		7			(250	)
Net loss on interest rate cap		—		(34	)		(615	)
Net loss on foreign currency option and forward contracts		—		—			(3,056	)
Total	$	5,513	$	(4,945	)	$	(6,245	)