Inventories

9 Months Ended

Jun. 30, 2012

Inventories [Abstract]

Inventories

7. Inventories

Inventories consist of the following (in thousands):

	June 30, 2012			September 30, 2011
Finished goods	$	22,381		$	20,430
Work-in-process		13,306			14,255
Raw materials		45,736			47,257
Obsolescence reserve		(10,787	)		(9,552	)
	$	70,636		$	72,390

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, 2012 and 2011, the Company made non-cash transfers of $0.9 million and $0.2 million, respectively, of inventories to its rental equipment fleet.