Inventories

9 Months Ended

Sep. 30, 2017

Inventory Disclosure [Abstract]

Inventories

Inventories

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

	September 30, 2017		December 31, 2016
Raw materials and component parts	$	170,677	$	154,278
Work in process	38,136		34,832
Finished goods	57,892		63,749
Total	$	266,705	$	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.