XML 40 R11.htm IDEA: XBRL DOCUMENT

Inventories

9 Months Ended

Jun. 30, 2013

6. Inventories

Inventories consisted of the following (in thousands):

	June 30, 2013			September 30, 2012

Finished goods	$	23,653		$	32,845
Work-in-process		34,788			19,585
Raw materials		86,221			40,788
Obsolescence reserve		(7,159	)		(9,324	)

	$	137,503		$	83,894

The Company’s reserve for slow moving and obsolete inventories is analyzed and adjusted periodically to reflect the Company’s best estimate of the net realizable value of such inventories.

During the nine months ended June 30, 2013 and 2012, the Company made non-cash transfers of $4.7 million and $0.9 million, respectively, of inventories to its rental equipment fleet.

- Definition

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

+ References+ Details