Inventories

Inventories consisted of the following (in thousands):



	March 31, 2016		December 31, 2015
Raw Material	$	3,810	$	4,175
Work in process	2,243		2,683
Finished goods	5,866		4,662
Total Inventories	$	11,919	$	11,520

At March 31, 2016 and December 31, 2015, inventories included write-downs of $0.3 million and reserves of $50,000 and $37,000, respectively, for estimated surgery cancellations both related to units affected by the voluntary recall of specific serial numbers of patient-specific instrumentation for the Company's iUni, iDuo, iTotal CR, and iTotal PS knee replacement product systems in August 2015 and sterilization capacity limitation.