Inventory

6 Months Ended

Jun. 30, 2011

Inventories are primarily used in the manufacture and service of Hospitality products. The compo-nents of inventory consist of the following:

	(in thousands)
	June 30,			December 31,
	2011			2010
Finished Goods		$	18,115		$	13,913
Work in process			1,157			959
Component parts			6,777			7,228
Service parts			9,196			16,607
		$	35,245		$	38,707

During the three and six months ended June 30, 2011, the Company recorded a charge of $7.7 million recorded associated with the write down of service parts inventory related to discontinued products. This charge was recorded as the result of an acceleration of technology upgrade programs by two of the Company's major customers and an overall change in customer requirements as a result of these upgrades. As part of these programs, the Company's customers were required to upgrade their existing hardware in support of new software utilized at their respective restaurants.

- Definition

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

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