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INVENTORIES
12 Months Ended
Dec. 31, 2015
INVENTORIES  
INVENTORIES

NOTE 4. INVENTORIES

        Inventories consist of finished goods, raw materials and work in process and are stated at the lower of cost or market and consist of the following (in thousands):

                                                                                                                                                                                    

 

 

December 31,
2015

 

December 31,
2014

 

Raw materials

 

$

2,944 

 

$

2,141 

 

Work-in-process

 

 

1,211 

 

 

1,348 

 

Finished goods

 

 

6,339 

 

 

4,967 

 

​  

​  

​  

​  

Total

 

$

10,494 

 

$

8,456 

 

​  

​  

​  

​  

​  

​  

​  

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        Inventories included no step-up in fair value and $0.2 million in acquisition accounting inventory fair value step-ups as of December 31, 2015 and 2014, respectively.