3.Inventories

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

	December 27, 2014		September 27, 2014
Raw materials and supplies	$	202,504	$	169,858
Finished goods	578,290		665,309
	$	780,794	$	835,167

At December 27, 2014, the Company had approximately $375.1 million in green coffee purchase commitments, of which approximately 87% had a fixed price. These commitments primarily extend through fiscal 2016. The value of the variable portion of these commitments was calculated using an average “C” price of coffee of $1.75 per pound at December 27, 2014. In addition to its green coffee commitments, the Company had approximately $103.8 million in fixed price brewer and related accessory purchase commitments and $1,129.0 million in production raw material commitments at December 27, 2014. The Company believes, based on relationships established with its suppliers, that the risk of non-delivery on such purchase commitments is remote.

As of December 27, 2014, minimum future inventory purchase commitments were as follows (in thousands):

Fiscal Year	Inventory Purchase Obligations(1)
Remainder of 2015	$	612,262
2016	269,691
2017	262,952
2018	277,095
2019	120,123
Thereafter	65,762
	$	1,607,885

(1)

Certain purchase obligations are determined based on a contractual percentage of forecasted volumes.