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INVENTORIES
 6 Months Ended
Jun. 30, 2019
Inventory Disclosure [Abstract]  
INVENTORIES
INVENTORIES

Inventories are stated at the lower of cost or net realizable values. Cost is determined on a first in, first out basis. Finished goods and work-in-process inventories include material, labor and overhead costs. Factory overhead costs are allocated to inventory manufactured in-house based upon labor hours.

Inventories consisted of the following:
(In thousands)
June 30,
2019
 
December 31,
2018
Raw materials
$
5,341

 
$
4,521

Finished goods and work in progress
1,453

 
1,130

Gross inventories
6,794

 
5,651

Less: reserve for obsolescence
(402
)
 
(439
)
Net inventories
$
6,392

 
$
5,212