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INVENTORIES

3 Months Ended

Dec. 31, 2014

4.	INVENTORIES

Inventories from continuing operations consist of the following:

	December 31,		September 30,
(In thousands)	2014		2014

Finished goods	$	19,169		18,949
Work in process, including long-term contracts		35,096		31,634
Raw materials		46,750		43,709
Total inventories	$	101,015		94,292

- Definition

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

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