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Inventories
12 Months Ended
Dec. 31, 2011
Inventories

3. Inventories

 

Inventories as of December 31, 2011 and 2010 were as follows:

 

    December 31,  
In thousands   2011     2010  
Raw materials               $ 15,068     $ 15,587  
Work in process                 11,569       11,759  
Finished goods                 9,915       10,758  
      36,552       38,104  
Less: Progress billings on tooling inventory                 (2,706 )     (660 )
Total inventories                 $ 33,846     $ 37,444  

 

Included in work in process is gross tooling inventory of $6.4 million and $7.1 million at December 31, 2011 and December 31, 2010, respectively. Tooling inventory, net of progress billings, was $3.7 million and $6.4 million at December 31, 2011 and 2010, respectively.