XML 98 R10.htm IDEA: XBRL DOCUMENT

Net Inventories

12 Months Ended

Dec. 31, 2013

3. Net 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 consist of the following:

	December 31, 2013		December 31, 2012

	(in thousands)
Finished products	$	53,427	$	56,596
Work-in-process		28,591		32,708
Raw materials and purchased components		32,046		38,936


Inventories, net	$	114,064	$	128,240

- 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.

+ References+ Details