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INVENTORIES

6 Months Ended

12 Months Ended

Jul. 02, 2011

Dec. 31, 2010

INVENTORIES

INVENTORIES

4. INVENTORIES

Inventories consist of the following (in thousands):

	July 2, 2011			December 31, 2010
Components and raw materials	$	34,738		$	27,287
Work in process	6,436			5,478
Finished goods	87,915			60,596
Inventory held on consignment	26,335			22,592
	155,424			115,953
Less inventory reserves	(14,105		)	(12,853		)
	$	141,319		$	103,100

As of July 2, 2011, inventories of $24.4 million, $1.7 million and $1.0 million, respectively, relate to inventory acquired through our acquisitions of Dr. Comfort, ETI and Circle City (see Note 2).

A summary of the activity in our reserves for estimated slow moving, excess, obsolete and otherwise impaired inventory is presented below (in thousands):

	Six Months Ended
	July 2, 2011			July 3, 2010
Balance, beginning of period	$	12,853		$	12,511
Provision charged to cost of sales	3,688			2,840
Acquired through business acquisitions	325			—
Write-offs, net of recoveries	(2,436		)	(4,477		)
Balance, end of period	$	14,430		$	10,874

The write-offs to the reserve were primarily related to the disposition of fully reserved inventory.

7. INVENTORIES

Inventories consist of the following (in thousands):

	December 31, 2010			December 31, 2009
Components and raw materials	$	27,287		$	29,967
Work in process	5,478			3,745
Finished goods	60,596			51,110
Inventory held on consignment	22,592			24,121
	115,953			108,943
Inventory reserves	(12,853		)	(13,063		)
	$	103,100		$	95,880

A summary of the activity in our reserves for estimated slow moving, excess, obsolete and otherwise impaired inventory is presented below (in thousands):

	Year Ended December 31,
	2010			2009			2008
Balance, beginning of year	$	13,063		$	17,798		$	18,996
Provision charged to costs of sales	6,596			7,462			8,637
Write-offs, net of recoveries	(6,806		)	(12,197		)	(9,835		)
Balance, end of year	$	12,853		$	13,063		$	17,798

The write-offs to the reserve were principally related to the disposition of fully reserved inventory.

- Definition

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

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