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Inventories

12 Months Ended

Sep. 29, 2012

Inventories

5. Inventories

Inventories consisted of the following (in thousands) as of:

		September 29, 2012			September 24, 2011
Raw materials and supplies		$	229,927		$	182,811
Finished goods		538,510			489,437
		$	768,437		$	672,248

As of September 29, 2012, the Company had approximately $323.6 million in green coffee purchase commitments, of which approximately 90% had a fixed price. These commitments primarily extend through fiscal 2014. The value of the variable portion of these commitments was calculated using an average “C” price of coffee of $1.80 per pound at September 29, 2012. In addition to its green coffee commitments, the Company had approximately $239.5 million in fixed price brewer and related accessory purchase commitments and $591.0 million in production raw materials commitments at September 29, 2012. The Company believes based on relationships established with its suppliers that the risk of non-delivery on such purchase commitments is remote.

As of September 29, 2012, minimum future inventory purchase commitments are as follows (in thousands):

Fiscal Year		Inventory Purchase Obligations
2013		$	652,311
2014		111,685
2015		111,351
2016		114,675
2017		84,465
Thereafter		79,577
		$	1,154,064

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

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