Annual report pursuant to Section 13 and 15(d)

Inventories, Net

v3.7.0.1
Inventories, Net
12 Months Ended
Dec. 31, 2016
Inventories, Net
5. Inventories, Net

Inventories, which are primarily purchased from third parties, consisted of the following:

 

     December 31,  
     2016      2015  

Raw materials

   $ 2.4      $ 3.8  

Finished goods

     26.1        20.3  
  

 

 

    

 

 

 

Total

     28.5        24.1  

Less: Provision for obsolescence

     (1.8      (2.0
  

 

 

    

 

 

 

Inventories, net

   $ 26.7      $ 22.1  
  

 

 

    

 

 

 

Activity related to inventory reserves was as follows:

 

     Year Ended December 31,  
     2016      2015      2014  

Inventory reserve, January 1

   $ 2.0      $ 1.7      $ 1.7  

Additions

     0.1        1.1        0.2  

Write-offs

     (0.3      (0.8      (0.2
  

 

 

    

 

 

    

 

 

 

Inventory reserve, December 31

   $ 1.8      $ 2.0      $ 1.7