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INVENTORIES (Tables)

3 Months Ended

Mar. 31, 2014

Inventories Tables

Schedule of inventory

Inventories are stated at the lower of cost or market. Cost is determined principally on te average cost method. Inventories at March 31, 2014 and December 31, 2013 were as follows (in thousands):

		March 31, 2014				December 31, 2013
Raw materials		$	4,979			$	5,470
Work in process			988				882
Finished goods			2,732				2,455
Gross inventories			8,699				8,807
Less: reserve for obsolescence			(432	)			(392	)
Net inventories		$	8,267			$	8,415

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- Definition

Tabular disclosure of the carrying amount as of the balance sheet date of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 2

-Paragraph 6

-Subparagraph a,b,c

-Article 5

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