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Inventories
6 Months Ended
Jun. 30, 2018
Inventories  
Inventories

Note 3. Inventories

 

The components of inventories are summarized below (in thousands):

 

 

 

 

 

 

 

 

 

 

 

June 30, 

 

December 31, 

 

 

    

2018

    

2017

 

Inventories:

 

 

 

 

 

 

 

Raw materials

 

$

29,379

 

$

23,554

 

Work in process

 

 

25,281

 

 

20,135

 

Finished goods

 

 

2,378

 

 

2,151

 

 

 

$

57,038

 

$

45,840

 

 

As of June 30, 2018 and December 31, 2017, carrying values of inventories were net of inventory reserves of $13.7 million and $13.3 million, respectively, for excess and obsolete inventory and $26,000 and $291,000, respectively, for lower of cost or net realizable value reserves.