Inventories

The components of inventory are as follows:



	March 31,			December 31,
	2017			2016
	(in thousands)
Work-in-process	$	13,355		$	20,219
Finished goods	55,891			54,502
Total	69,246			74,721
Less: Inventories - current	(23,532		)	(15,718		)
Inventories - non-current	$	45,714		$	59,003

As part of the Merger, the Company acquired $76.8 million of inventory. During the three months ended March 31, 2017 and 2016, charges for excess or obsolete inventory in the condensed consolidated statements of operations were immaterial.