Inventories, net

9 Months Ended

Sep. 30, 2016

Inventories, net [Abstract]

Inventories, net

Note 4 — Inventories. net

Inventories are primarily used in the manufacture, maintenance and service of hospitality products.  The components of inventories, net consist of the following:

	(in thousands)
	September 30, 2016		December 31, 2015
Finished goods	$	16,049	$	8,914
Work in process		559		263
Component parts		7,072		5,068
Service parts		6,105		7,254
	$	29,785	$	21,499

At September 30, 2016 and December 31, 2015, the Company had recorded inventory reserves of $8.7 million and $8.8 million, respectively, against hospitality inventories, which relates primarily to service parts.