INVENTORIES

6 Months Ended

Jun. 30, 2015

Inventory Disclosure [Abstract]

INVENTORIES

INVENTORIES

Net inventories are stated at the lower of cost (computed in accordance with the first-in, first-out method) or market. Elements of the cost include materials, labor and overhead.

Net inventories consists of the following (in thousands):

	June 30, 2015		December 31, 2014
Raw materials and purchased components	$	38,443	$	36,717
Work-in-process	37,193		28,504
Finished products	46,683		46,600
Inventories, net	$	122,319	$	111,821