Inventories, net

9 Months Ended

Sep. 29, 2012

Inventories consist of the following (in thousands):



	September 29, 2012		December 31, 2011
Finished goods	$	41,248	$	54,089
Work in process	14,613		9,574
Raw materials and supplies	42,948		40,248
	$	98,809	$	103,911

Inventories are net of reserves, primarily for obsolete and slow-moving inventories, of approximately $3.4 million and $2.5 million at September 29, 2012 and December 31, 2011, respectively. Management believes that the reserves are adequate to provide for losses in the normal course of business.

- 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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