INVENTORIES

Inventories, net, consisted of the following:



	Second Quarter of		Fiscal Year End
As of	2014		2013
(Dollars in thousands)
Raw materials	$	105,373	$	94,988
Work-in-process	7,795		6,871
Finished goods	161,203		152,452
Total inventories, net	$	274,371	$	254,311

Deferred costs of sales for the short-term deferral of hardware and related product revenues are included within finished goods and were $10.2 million as of the second quarter of fiscal 2014 and $12.6 million as of fiscal year end 2013.