NOTE 3. Inventories

Inventories are stated at the lower of cost (first-in, first-out method) or market. The major components of inventories are as follows (in thousands):


	September 30, 2011			December 31, 2010
Raw materials and purchased components	$	69,521		$	35,580
Service parts, garments and accessories		70,883			60,813
Finished goods		213,825			155,744
Less: reserves		(15,944	)		(16,210	)

Inventories	$	338,285		$	235,927