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Inventories | 9 Months Ended
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Sep. 30, 2017
Inventory Disclosure [Abstract] |
Inventories | Note 3. Inventories Inventories are comprised of the following amounts:
|  | September 30, |  |  | December 31, |
|  | 2017 |  |  | 2016 |
Raw materials |  | $ | 35,253 |  |  | $ | 36,081 |
Work in process |  |  | 24,535 |  |  |  | 22,644 |
Finished goods |  |  | 16,853 |  |  |  | 8,412 |
Inventories |  | $ | 76,641 |  |  | $ | 67,137 |
Inventories are stated at the lower of cost or net realizable value. Cost is determined using the average cost method. The inventory valuations above were developed using normalized production capacities for each manufacturing location. Any costs from abnormal excess capacity or underutilization of fixed production overheads are expensed in the period incurred and are not included as a component of inventory valuation.

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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://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 330 -URI http://asc.fasb.org/topic&trid=2126998 + Details
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