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INVENTORIES
12 Months Ended
Oct. 31, 2011
INVENTORIES
3. 
INVENTORIES

Inventories as of October 31, 2011 and 2010 are summarized below (in thousands):

   
2011
   
2010
 
Purchased parts and sub-assemblies
  $ 20,925     $ 16,137  
Work-in-process
    15,440       13,157  
Finished goods
    44,762       26,572  
    $ 81,127     $ 55,866  
 
As of October 31, 2011, we had 3.9 million of finished goods inventory consigned to our distributors and agents throughout North America, Europe and Asia.