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Inventories

3 Months Ended

Mar. 31, 2015

4.	INVENTORIES

Inventories, net of reserves, as of March 31, 2015 and December 31, 2014 consist of:


	March 31, 2015			December 31, 2014

Raw materials	$	6,289		$	5,383
Work in process		2,488			2,090
Finished goods		10,791			9,548
Allowance for obsolescence		(581	)		(565	)

Total inventory — net	$	18,987		$	16,456

For the three months ended March 31, 2015 and 2014, the Company recorded an inventory write-down of approximately $30 and $93, respectively.

- 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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