Inventory (Tables)

9 Months Ended

Sep. 30, 2016

Inventory Valued at Lower of Cost (First-in, First-out) or Market, Net of Inventory Obsolescence Reserve

Inventory, which includes the ex-factory cost of goods, in-bound freight, duty and capitalized warehouse costs, is valued at the lower of cost (first-in, first-out) or market, net of inventory obsolescence reserve, and consists of the following (in thousands):

	December 31, 2015		September 30, 2016
Raw materials	$	3,717	$	4,344
Finished goods		56,827		70,720
	$	60,544	$	75,064