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INVENTORIES

6 Months Ended

Mar. 31, 2015

Inventories from continuing operations consist of the following:

(In thousands)	March 31, 2015		September 30, 2014

Finished goods	$	19,952		18,949
Work in process, including long-term contracts		38,520		31,634
Raw materials		49,078		43,709
Total inventories	$	107,550		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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