5. Inventory, net

Inventory, net of reserves, consisted of the following amounts (in thousands):

	June 30, 2015		December 31, 2014
Parts and supplies	$	255,368	$	269,370
Work in progress	98,298		100,499
Finished goods	47,179		33,702

Inventory, net	$	400,845	$	403,571

As of June 30, 2015 and December 31, 2014, we had inventory reserves of $33.5 million and $20.2 million, respectively. As discussed further in Note 12, $9.7 million of the increase in inventory reserves during the six months ended June 30, 2015 related to restructuring and other charges.