The Company’s Inventories consist of the following:
March 31,
2016
2015
Raw materials
$
1,897
$
1,674
Finished goods
60,969
69,387
Inventory, gross
62,866
71,061
Excess and obsolete inventory reserves
(20,163
)
(16,624
)
Inventories, net
$
42,703
$
54,437