INVENTORIES (Tables)

9 Months Ended

Sep. 30, 2014

INVENTORIES

Schedule of inventories including costs of materials, direct labor and manufacturing overhead, and stated at the lower of cost (first-in, first-out basis) or market

Inventories include costs of materials, direct labor and manufacturing overhead, and are stated at the lower of cost (first-in, first-out basis) or market, as follows (in thousands):

	September 30,			December 31,
	2014			2013
Parts and raw materials	$	22,490		$	20,649
Work-in-process	3,144			3,369
Finished goods	4,019			4,350
	29,653			28,368
Less reserves	(3,580		)	(3,938		)
Inventories, net	$	26,073		$	24,430