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INVENTORY (Tables)
12 Months Ended
Dec. 31, 2017
Inventory Disclosure [Abstract]  
Schedule of Net Realizable Value of Inventories
The net realizable value of inventory consisted of the following:
 
December 31,
 
2017
 
2016
 
(in thousands)
Finished product ready for sale (*)
$
435,216

 
$
509,209

Work-in-process, bulk product and raw materials (*)
66,592

 
67,275

Packaging supplies
5,050

 
6,728

Inventory
$
506,858

 
$
583,212


(*) The December 31, 2016 balances have been revised for an $18.0 million correction in the 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