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Inventory

3 Months Ended

Mar. 31, 2015

INVENTORY

The following is information regarding our inventory:



(in thousands)		Mar 31, 2015		Dec 31, 2014
Inventory:
	Remotely operated vehicle parts and components	$	194,661	$	207,885
	Other inventory, primarily raw materials	185,175		167,703
	Total	$	379,836	$	375,588

- 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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