Inventories

12 Months Ended

Dec. 31, 2012

Inventories [Abstract]

Inventories

5) Inventories

	December 31,
	2012		2011
Raw materials	$	13,013	$	13,855
Work in process		8,561		8,425
Finished goods		24,576		23,743
Inventories	$	46,150	$	46,023

Inventory on consignment at customers’ sites at December 31, 2012 and 2011 was approximately $2,644 and $4,156, respectively.

The inventory valuations above were developed using normalized production capacities for each of our manufacturing locations. Any costs from abnormal excess capacity or under-utilization of fixed production overheads are expensed in the period incurred and are not included as a component of inventory valuation.