Inventories

Inventories as of December 31, 2015 and 2014 were as follows:



	December 31,
In thousands	2015			2014
Raw materials	$	17,128		$	21,248
Work in process	14,670			15,753
Finished goods	15,048			15,348
	46,846			52,349
Less: Progress billings	(316		)	(1,108		)
Total inventories	$	46,530		$	51,241

Included in work in process is gross tooling inventory of $9.5 million and $9.9 million at December 31, 2015 and 2014, respectively. Tooling inventory, net of progress billings, was $9.2 million and $8.8 million at December 31, 2015 and 2014, respectively.