Inventories

9 Months Ended

Sep. 30, 2016

Inventory Disclosure [Abstract]

Inventories

INVENTORIES

Inventories consist of the following:

	September 30,		December 31,
	2016		2015
Components and raw materials	$	99,251	$	70,394
Work-in-process	29,316		43,259
Finished components and devices	113,803		90,085
Total	$	242,370	$	203,738

The Company recorded inventory provisions totaling $6,518 and $4,336 for the three months ended September 30, 2016 and 2015, respectively, and $16,243 and $11,347 for the nine months ended September 30, 2016 and 2015, respectively. These provisions relate to the recoverability of the value of inventories due to technological changes and excess quantities. These provisions are reported as a reduction to components and raw materials and finished components and devices.