INVENTORIES (Tables)

3 Months Ended

Mar. 31, 2020

INVENTORIES

Schedule of inventories include costs of materials, direct labor and manufacturing overhead, and are stated at the lower of cost (first-in, first-out basis) or net realizable value

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

	March 31,		December 31,
	2020		2019
Parts and raw materials	$	39,901	$	35,849
Work-in-process		7,563		6,951
Finished goods		12,626		10,585
		60,090		53,385