NOTE 5. INVENTORIES

Inventories, net consisted of the following:


	Second Quarter of		Fiscal Year End
As of	2012		2011
(Dollars in thousands)
Raw materials	$	80,417	$	87,355
Work-in-process		8,636		8,475
Finished goods		138,895		136,233

Total inventories, net	$	227,948	$	232,063

Deferred costs of revenue are included within finished goods and were $22.0 million as of the second quarter of fiscal 2012 and $22.8 million as of fiscal year end 2011.