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INVENTORIES
9 Months Ended
Sep. 30, 2019
Inventory Disclosure [Abstract]  
INVENTORIES
INVENTORIES

Inventories are stated at the lower of cost or net realizable values. Cost is determined on a first in, first out basis. Finished goods and work-in-process inventories include material, labor and overhead costs. Factory overhead costs are primarily allocated to inventory manufactured in-house based upon labor hours.

Inventories consisted of the following:
(In thousands)
September 30,
2019
 
December 31,
2018
Raw materials
$
6,126

 
$
4,521

Finished goods and work-in-process
1,550

 
1,130

Gross inventories
7,676

 
5,651

Less: reserve for obsolescence
(439
)
 
(439
)
Net inventories
$
7,237

 
$
5,212