Inventories

9 Months Ended

Sep. 30, 2016

Inventory Disclosure [Abstract]

Inventories

Inventories

The components of inventories as of September 30, 2016 and December 31, 2015 were:

	September 30, 2016		December 31, 2015
Raw materials and component parts	$	166,205	$	141,671
Work in process	37,001		32,387
Finished goods	72,807		65,066
Total	$	276,013	$	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.