INVENTORIES

3 Months Ended

Mar. 31, 2017

Inventory Disclosure [Abstract]

INVENTORY

2. INVENTORIES

Inventories consist of raw materials, work-in-process and finished goods and are stated at the lower of cost or market using the first-in, first-out (FIFO) method or through the moving average cost method. At March 31, 2017 and December 31, 2016, accrued liabilities included $1.1 million of accrued inventory payable. At March 31, 2017 and December 31, 2016, inventory by category is valued net of reserves and consists of:

(in thousands)	March 31,		December 31,
	2017		2016
Finished goods	$	10,076	$	9,684
Raw materials		3,372		3,357
Work-in-process		899		935
Inventory reserves		(956)		(774)
Total inventories	$	13,391	$	13,202