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Inventories, net

6 Months Ended

Jun. 30, 2012

Note 4 – Inventories, net:


	December 31, 2011		June 30, 2012
	(In thousands)
Raw materials:
Security Products	$	2,510	$	2,220
Furniture Components		3,314		3,647
Marine Components		933		1,005


Total raw materials		6,757		6,872

Work-in-process:
Security Products		5,778		5,602
Furniture Components		1,260		1,406
Marine Components		399		423


Total work-in-process		7,437		7,431


Finished goods:

Security Products		1,700		1,500
Furniture Components		2,994		2,813
Marine Components		690		594


Total finished goods		5,384		4,907


Total inventories, net	$	19,578	$	19,210

- 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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