INVENTORIES (Tables)

6 Months Ended

Jun. 30, 2016

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):

	June 30, 2016			December 31, 2015
Parts and raw materials	$	24,556		$	23,710
Work-in-process	5,076			2,404
Finished goods	5,296			3,730
	34,928			29,844
Less reserves	(4,849		)	(3,669		)
Inventories, net	$	30,079		$	26,175