Inventories

3 Months Ended

Mar. 31, 2016

Inventory Disclosure [Abstract]

Inventories

Inventories

The components of inventories as of March 31, 2016 and December 31, 2015 were:

	March 31, 2016		December 31, 2015
Raw materials and component parts	$	163,207	$	141,671
Work in process	36,008		32,387
Finished goods	79,015		65,066
Total	$	278,230	$	239,124

Inventories are stated at the lower of cost or market. Cost, which includes material, labor and factory overhead, is determined on a FIFO basis.