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Inventory

9 Months Ended

Sep. 30, 2014

INVENTORY

The following is information regarding our inventory:



(in thousands)		Sep 30, 2014		Dec 31, 2013
Inventory:
	Remotely operated vehicle parts and components	$	210,725	$	190,403
	Other, primarily raw materials	223,654		251,386
	Total	$	434,379	$	441,789

- 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