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Inventories
3 Months Ended
Mar. 31, 2012
Inventories [Abstract]  
Inventories
C.  
Inventories
 
Inventories are stated at the lower of cost or market value.  The Company reduces the value of its inventories to market value when the value is believed to be less than the cost of the item.
 
 
 
 
March 31,
2012
  
December 31,
2011
 
   
(in thousands)
 
Raw materials, net
 $2,809  $2,864 
Work in process, net
  1,598   1,384 
Finished goods, net
  1,433   1,428 
Total Inventories, net
 $5,840  $5,676 

The inventory reserve for obsolescence as of March 31, 2012 and December 31, 2011, was $2,037,000 and $1,942,000, respectively.