Inventories

9 Months Ended

Sep. 30, 2023

Inventories [Abstract]

Inventories

Note 4: Inventories

Inventories are stated at the lower of cost (determined using the moving average cost method) or net realizable value. Inventories consist primarily of merchandise held for sale. Inventories were comprised of the following as of September 30, 2023 and December 31, 2022:

	(in thousands)
	September 30,		December 31,
	2023		2022
Finished goods	$	97,463	$	119,517
Raw materials		1,247		1,435
Total	$	98,710	$	120,952

The Company provides provisions for losses related to shrinkage and other amounts that are otherwise not expected to be fully recoverable. These provisions are calculated based on historical shrinkage, selling price, margin and current business trends. The provision for losses related to shrinkage and other amounts was $1.0 million and $0.7 million as of September 30, 2023 and December 31, 2022, respectively.