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INVENTORY
9 Months Ended
Sep. 30, 2017
Inventory Disclosure [Abstract]  
INVENTORY
INVENTORY
The net realizable value of inventory consisted of the following:
 
September 30, 2017
 
December 31, 2016
 
(in thousands)
Finished product ready for sale (*)
$
454,032

 
$
509,209

Work-in-process, bulk product and raw materials (*)
73,757

 
67,275

Packaging supplies
6,638

 
6,728

Inventory
$
534,427

 
$
583,212



(*) The prior year December 31, 2016 balances have been revised for an $18.0 million correction in classification of certain amounts between finished product ready for sale and work-in-process, bulk product and raw materials. The correction had no impact on total inventory.