Inventories, Net

6 Months Ended

Jun. 30, 2016

The components of inventories are as follows (in thousands):



	June 30, 2016		December 31, 2015
Finished goods	$	78,789	$	76,512
Work in process	12,800		8,905
Raw materials and supplies	96,377		99,899
Inventories, net	$	187,966	$	185,316

The Company maintains reserves and records provisions for slow-moving and obsolete inventory as well as inventory with a cost in excess of its net realizable value. Inventory at June 30, 2016 and December 31, 2015 was reported net of these reserves of $31.9 million and $21.5 million, respectively. The increase in inventory reserves in the period was primarily due to increased reserves for slow-moving and obsolete finished goods inventory due to changing customer dynamics and product sales trends.