XML 61 R11.htm IDEA: XBRL DOCUMENT

INVENTORIES

12 Months Ended

Dec. 31, 2013

NOTE 4 - INVENTORIES

Inventories at December 31, 2012 and 2013 consisted of the following:

	December 31,
(U.S. dollars in thousands)	2012		2013
Raw materials	$	2,118	$	2,342
Work in progress		192		92
Finished goods		1,729		5,523
Total inventory	$	4,039	$	7,957

During the year ended December 31, 2012 and 2013, the Company recorded approximately $684,000 and $1.6 million, respectively, for write-down of inventory under cost of revenues.

- Definition

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

+ References+ Details