Note 6 - Inventories

12 Months Ended

Dec. 31, 2021

Notes to Financial Statements

Inventory Disclosure [Text Block]

6. INVENTORIES

(In Thousands)

	December 31
	2021			2020
Finished goods	$	10,451		$	6,328
Work-in-process		5,818			6,108
Raw materials		9,316			6,781
Provisions for obsolete inventories		(6,062	)		(6,629	)
Total	$	19,523		$	12,588

The Company periodically evaluates inventory and establishes provisions for obsolescence, excess quantities, slow-moving goods, and for other impairment of value. The following table shows the movement of provisions for obsolete inventories.

(In Thousands)

	Years Ended December 31
	2021			2020			2019
Balance at beginning of year	$	6,629		$	6,632		$	6,597
Charge to cost and expenses		800			405			1,359
Other deductions		(1,367	)		(408	)		(1,324	)
Balance at end of year	$	6,062		$	6,629		$	6,632