INVENTORIES (Details) - USD ($)	Jul. 01, 2017	Dec. 31, 2016
INVENTORIES
Inventory reserves	$ 1,000,000	$ 1,100,000
Raw materials	21,865,236	17,404,606
Work-in-progress	3,661,950	3,397,225
Finished goods	5,164,661	3,443,491
Total	$ 30,691,847	$ 24,245,322

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- Definition

Carrying amount, net of valuation reserves and adjustments, as of the balance sheet date of merchandise or goods held by the company that are readily available for sale.

+ References

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-Publisher FASB
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- Definition

Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer.

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- Definition

Carrying amount, net of valuation reserves and adjustments, as of the balance sheet date of unprocessed items to be consumed in the manufacturing or production process.

+ References

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- Definition

Amount of valuation reserve for inventory.

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Carrying amount, net of reserves and adjustments, as of the balance sheet date of merchandise or goods which are partially completed. This inventory is generally comprised of raw materials, labor and factory overhead costs, which require further materials, labor and overhead to be converted into finished goods, and which generally require the use of estimates to determine percentage complete and pricing.

+ References

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