Inventories

6 Months Ended

Jun. 30, 2017

Inventory Disclosure [Abstract]

Inventories

Inventories

The components of inventories as of June 30, 2017 and December 31, 2016 were:

	June 30, 2017		December 31, 2016
Raw materials and component parts	$	166,293	$	154,278
Work in process	37,910		34,832
Finished goods	60,342		63,749
Total	$	264,545	$	252,859

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