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Inventories
3 Months Ended
Dec. 31, 2013
Inventories

6. Inventories

Inventories consist of the following (in thousands):

 

 

December 31, 2013

 

 

September 30, 2013

 

Finished goods

$

21,611

  

 

$

44,391

  

Work-in-process

 

27,496

  

 

 

25,156

  

Raw materials

 

90,840

  

 

 

86,933

  

Obsolescence reserve

 

(7,832

 

 

(6,932

 

$

132,115

  

 

$

149,548

  

During the three months ended December 31, 2013 and 2012 the Company made non-cash transfers of $2.8 million and $1.0 million, respectively, of inventories to its rental equipment fleet.