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Inventories | 12 Months Ended
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Dec. 31, 2018
Inventory Disclosure [Abstract] |
Inventories | INVENTORIES Inventories consist of the following:
| December 31, |  |
| 2018 |  | 2017
Components and raw materials | $ | 233,594 |  | $ | 145,261
Work-in-process | 66,498 |  | 43,646
Finished goods | 103,487 |  | 118,805
Total | $ | 403,579 |  | $ | 307,712
The Company recorded inventory provisions totaling $12,981, $16,946 and $22,796 for the years ended December 31, 2018, 2017 and 2016, respectively. These provisions relate to the recoverability of the value of inventories due to technological changes and excess quantities. These provisions are reported as a reduction to components and raw materials and finished goods.

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- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 330 -URI http://asc.fasb.org/topic&trid=2126998 + Details
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