INVENTORIES

Inventories are summarized as follows (amounts in thousands):



	June 29, 2014		September 29, 2013
Raw materials	$	54,159	$	36,436
Work in process	94,198		86,762
Finished goods	48,335		38,788
	$	196,692	$	161,986

We periodically evaluate the profitability of our various offerings. Should the actual or expected profitability fall below an acceptable threshold, we may decide to stop offering a product, in part to reallocate manufacturing, operations, engineering, sales and support resources to products we expect will generate greater returns. During the third quarter of 2014, our evaluation led us to selectively exit product offerings that we believe will continue to lag our overall profitability goals. This resulted in inventory charges of $7.9 million. We believe that for many of these products, market dynamics dictate that price is the primary differentiator rather than our value-added core competencies of power, reliability, security and performance.