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Fixed Assets

12 Months Ended

Sep. 29, 2012

Fixed Assets

6. Fixed Assets

Fixed assets consist of the following (in thousands) as of:

GREEN MOUNTAIN COFFEE ROASTERS, INC,

Annual Report on Form 10-K

		Useful Life in Years		September 29, 2012			September 24, 2011
Production equipment		1-15		$	544,491		$	314,149
Coffee service equipment		3-7		63,722			53,319
Computer equipment and software		1-6		111,441			78,377
Land		Indefinite		11,740			8,790
Building and building improvements		4-30		83,172			54,648
Furniture and fixtures		1-15		28,477			21,619
Vehicles		4-5		10,306			7,860
Leasehold improvements		1-20 or remaining life of lease, whichever is less		72,755			35,496
Assets acquired under capital leases		5-15		51,047			—
Construction-in-progress				234,442			147,860
Total fixed assets				$	1,211,593		$	722,118
Accumulated depreciation				(267,297		)	(142,899		)
				$	944,296		$	579,219

Assets acquired under capital leases, net of accumulated depreciation, were $47.0 million as of September 29, 2012.

Total depreciation and amortization expense relating to all fixed assets was $135.7 million, $72.3 million and $29.5 million for fiscal years 2012, 2011, and 2010, respectively.

Assets classified as construction-in-progress are not depreciated, as they are not ready for productive use.

As of September 29, 2012, construction in progress includes $14.4 million relating to properties under construction where the Company is deemed, for accounting purposes only, to be the accounting owner, even though the Company is not the legal owner. See footnote 19, Commitments and Contingencies.

During fiscal years 2012, 2011 and 2010, $2.8 million, $2.6 million, and $1.3 million, respectively, of interest expense was capitalized.

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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