Note 12—Inventories

Inventories are valued at the lower of cost to the Company (using the first-in-first-out method) or market and are summarized as follows:


	October 1,		January 1,		October 2,
	2011		2011		2010

Finished goods	$	390,205	$	310,504	$	324,430
Raw materials		1,868		—		9

	$	392,073	$	310,504	$	324,439

In addition to the amounts of inventory noted above, the Company records deposits related to advance payments to certain third-party suppliers for the future purchase of finished goods. Such deposits are recorded in Prepaid and other current assets on the Company’s Consolidated Condensed Balance Sheets. At October 1, 2011, January 1, 2011 and October 2, 2010, the amount of such deposits was $4,234, $8,841 and $4,792, respectively.

See Note 11 of Notes to Consolidated Condensed Financial Statements for details on the Company’s hedging programs related to purchases of inventory.