Inventories

9 Months Ended

Jun. 25, 2011

Inventories

Inventories

5. Inventories

Inventories consisted of the following (in thousands):

	June 25, 2011		September 25, 2010
Raw materials and supplies	$	116,899	$	46,328
Finished goods		300,597		216,150
	$	417,496	$	262,478

Inventory values above are presented net of $3.8 million and $3.0 million of obsolescence adjustments at June 25, 2011 and September 25, 2010, respectively.

At June 25, 2011, the Company had approximately $504.8 million in green coffee purchase commitments, of which approximately 77.8% had a fixed price. These commitments extend into fiscal 2013. The value of the variable portion of these commitments was calculated using an average "C" price of coffee of $2.56 per pound at June 25, 2011. In addition to its green coffee commitments, the Company had approximately $68.3 million in fixed price brewer inventory purchase commitments and $190.7 million in production raw materials commitments at June 25, 2011. The Company believes based on relationships established with its suppliers that the risk of non-delivery on such purchase commitments is remote.

At June 25, 2011, minimum future inventory purchase commitments are as follows (in thousands):

Fiscal Year	Inventory Purchase Obligations
2011	$	316,921
2012		366,800
2013		26,991
2014		15,450
2015		17,610
Thereafter		20,010
	$	763,782