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INVENTORY
 9 Months Ended
Sep. 30, 2015
INVENTORY  
INVENTORY

6. INVENTORY

 

Inventory is stated at the lower of cost or market value. Cost is determined using the first-in, first-out method. Inventory consisted of the following:

 

 

 

 

 

 

 

 

    

September 30, 

    

December 31, 

(In thousands)

 

2015

 

2014

Raw materials

 

$
14,539

 

$
21,101

Work in process

 

 
12,131

 

 
14,824

Finished goods

 

 
10,113

 

 
15,432

Total inventory

 

$
36,783

 

$
51,357