Green Mountain Coffee Roasters (GMCR)

Taxes

The effective income tax rate for the Company was 39.2% in the second quarter of fiscal 2009, as compared to 40.5% in the prior year period. The difference was primarily due to higher research and development tax credits.

Taxes

The effective income tax rate for the Company was 39.1% in the 2009 YTD period, as compared to 40.3% in the prior YTD period.

Taxes

The effective income tax rate for the Company was 38.9% in the first quarter of fiscal 2009, as compared to 40.0% in the prior year period. The difference was primarily due to higher research and development tax credits.

Taxes

The effective income tax rate for the Company was 38.9% in fiscal 2008, down from 40.5% in fiscal 2007, due primarily to foreign tax credits associated with royalties earned on K-Cup portion packs from Canadian licensed roasters. Prior to 2008, the Company recognized foreign royalty revenues net of foreign tax withholdings.

The effective income tax rate was 41.4% in fiscal 2006. The decrease in fiscal 2007 compared to fiscal 2006 was due to the impact of research and development tax credits and a decrease in the Vermont state tax rate.

Taxes

The effective income tax rate for the Company was 38.7% in the 2008 YTD period, as compared to 40.2% in the prior YTD period.

Taxes

The effective income tax rate for the Company was 40.3% in the 2008 YTD period, as compared to 41.4% in the prior YTD period.

Taxes

The effective income tax rate for the Company was 40.0% in the first quarter of fiscal 2008, essentially unchanged from 39.9% in the prior year period.

Taxes

The effective income tax rate for the Company was 40.5% in fiscal 2007, down from 41.4% in fiscal 2006, due to the impact of research & development tax credits and a decrease in the Vermont state tax rate. The effective income tax rate was 39.3% in fiscal 2005. The increase in fiscal 2006 was primarily related to the impact of the new stock option expense accounting implemented in the first quarter of 2006.