Inventories

6 Months Ended

Dec. 31, 2021

Inventories

Inventories

Note 6. Inventories

Inventories at December 31, 2021 and June 30, 2021 consisted of the following:

	December 31,		June 30,
(In thousands)	2021		2021
Raw Materials	$	49,042	$	45,370
Work-in-process		4,927		12,685
Finished Goods		51,810		51,490
Total	$	105,779	$	109,545

During the three months ended December 31, 2021 and 2020, the Company recorded write-downs to net realizable value for excess and obsolete inventory of $1.2 million and $20.6 million, respectively. During the six months ended December 31, 2021 and 2020, the Company recorded write-downs to net realizable value for excess and obsolete inventory of $4.1 million and $23.2 million. The decrease in write-downs for excess and obsolete inventory was primarily related to the discontinuation of certain product lines during the second quarter of Fiscal 2021, which resulted in a significant write-down in the prior-year period.