Inventories, net

12 Months Ended

Dec. 31, 2013

Inventories consist of the following:



	December 31,
	2013			2012
	(in thousands)
Raw materials	$	63,319		$	72,244
Work-in-process	19,975			15,877
Finished products	9,205			24,364
Total inventories	92,499			112,485
Less reserves	(2,314		)	(2,410		)
Total inventories, net	$	90,185		$	110,075

Inventory reserves consist of the following:



	Years ended December 31,
	2013			2012			2011
	(in thousands)
Beginning Balance	$	2,410		$	2,012		$	2,096
Provision	316			735			47
Write-offs	(412		)	(337		)	(131		)
Ending Balance	$	2,314		$	2,410		$	2,012

- 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.

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