Note 2 - Inventories

9 Months Ended

Sep. 30, 2015

Note 2: Inventories:

Inventories are stated at the lower of cost (determined on the weighted average cost method) or market. Inventories consist primarily of merchandise held for sale. Inventories were comprised of the following as of September 30, 2015 and December 31, 2014:

	(in thousands)
	September 30, 2015		December 31, 2014
Finished goods	$	55,265	$	58,323
Raw materials		2,271		2,356
Finished goods in transit		5,659		8,178
Total	$	63,195	$	68,857

The Company records provisions for losses related to shrinkage and other amounts that are otherwise not expected to be fully recoverable.