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INVENTORIES
6 Months Ended
Jun. 30, 2015
Inventory Disclosure [Abstract]  
INVENTORIES
3. INVENTORIES

 

Inventory costs include materials, labor and factory overhead. Inventories are stated at the lower of cost or market (net realizable value), determined on a first-in, first-out basis. Appropriate consideration is given to obsolescence, valuation and other factors in determining net realizable value. Revisions of these estimates could result in the need for adjustments. Inventories, net of reserves, at June 30, 2015 and December 31, 2014 consisted of the following:

 

               
    June 30,
2015
  December 31,
2014
 
Chassis   $ 4,804   $ 4,700  
Raw materials     26,431     24,291  
Work in process     10,752     10,477  
Finished goods     15,567     16,992  
    $ 57,554   $ 56,460