XML 30 R16.htm IDEA: XBRL DOCUMENT
v3.21.1

INVENTORIES | 12 Months Ended
--- | ---
Dec. 31, 2020
Inventory Disclosure [Abstract] |
INVENTORIES | 9. INVENTORIES The components of inventories are summarized below:
|  | December 31, |
|  | 2020 |  |  | 2019 |
Raw materials |  | $ | 1,719 |  |  | $ | 2,309 |
Work in process |  |  | 1,420 |  |  |  | 2,628 |
Finished goods |  |  | — |  |  |  | 46 |
Provision for excess and obsolete inventory |  |  | (736 | ) |  |  | (429 | )
Total inventories |  | $ | 2,403 |  |  | $ | 4,554 |
Inventories are stated at the lower of cost or a net realizable value determined on a weighted average method. Included in work in process at December 31, 2020 and December 31, 2019 is a net realizable value reserve of approximately $0 and $418, respectively. The reduction in the net realizable value reserve is attributable to the related project being completed and sold during the year ended December 31, 2020. The Company recognized a $546 write down of inventory through cost of goods sold of the T&D Solutions segment during the year ended December 31, 2020 as a result of management’s strategic decisions to rationalize its traditional product offerings and focus on higher margin equipment sales.

X
- References No definition available. + Details
Name: | us-gaap_InventoryDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 330 -URI http://asc.fasb.org/topic&trid=2126998 + Details
Name: | us-gaap_InventoryDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration