Inventories

6 Months Ended

Jun. 30, 2011

(3) Inventories

Components of inventories, net at June 30, 2011 and December 31, 2010 were as follows:


*(in thousands)*	2011			2010
Raw materials	$	7,928		$	6,742
Work in process		738			195
Finished goods and parts		20,825			19,079

Total		29,491			26,016
Less: Reserves		(2,103	)		(2,205	)

Inventories, net	$	27,388		$	23,811

- 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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