Inventories

Inventories consist of the following:



	October 31,
	2014		2013
Raw materials	$	36,417	$	16,827
Work-in-process	12,044		7,742
Finished goods	13,382		9,573
Total material	61,843		34,142
Tooling	29,460		8,782
Total inventories	$	91,303	$	42,924

Total cost of inventory is net of reserves to reduce certain inventory from cost to net realizable value. Such reserves aggregated $3,985 and $853 at October 31, 2014 and 2013, respectively. The increase of $3,132 is due to the significant balances in the reserve account from the acquisitions, needed to adjust inventories for such acquisitions to fair value.

The increase in production inventory of $27,701 is the result of increased sales volumes and acquisitions, net of improvements in our supply chain logistics.

Customer reimbursed tooling inventories totaling $29,460 as of October 31, 2014 increased $20,678 from October 31, 2013, for tooling related to new program awards that go into production over the next two years. Of the increase in tooling, $7,168 is from the Finneveden acquisition.