XML 72 R10.htm IDEA: XBRL DOCUMENT

Inventories

3 Months Ended

Mar. 31, 2013

Note 4: Inventories At March 31, 2013 and December 31, 2012, inventory reserves for certain slow-moving inventory items (Climate Control products) were $1,876,000 and $1,818,000, respectively. In addition, because cost exceeded the net realizable value, inventory reserves for certain nitrogen-based inventories provided by our Chemical Business were $630,000 and $975,000 at March 31, 2013 and December 31, 2012, respectively.

Changes in our inventory reserves are as follows:


	Three Months Ended
	March 31,
	2013			2012
	(In Thousands)
Balance at beginning of period	$	2,793		$	1,783
Provision for (realization of) losses		(284	)		5
Write-offs and disposals		(3	)		(83	)

Balance at end of period	$	2,506		$	1,705

The provision for (realization of) losses is included in cost of sales in the accompanying condensed consolidated statements of operations.

- 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