Quarterly report pursuant to Section 13 or 15(d)

Inventories, Net

v2.4.0.8
Inventories, Net
3 Months Ended
Mar. 31, 2014
Inventory, Net [Abstract]  
Inventories, Net
INVENTORIES, NET
Inventories are carried at the lower of cost or market. Cost is determined using the first-in, first-out method. The Company periodically reviews its inventory for excess, closeout and slow moving items and makes provisions as necessary to properly reflect inventory value.
Inventories, net, consisted of the following (in thousands):
 
March 31,
2014
 
December 31,
2013
 
March 31,
2013
Raw materials
$
574

 
$
1,130

 
$
738

Work in process
1,145

 
1,203

 
1,579

Finished goods
288,477

 
326,895

 
322,924

 
$
290,196

 
$
329,228

 
$
325,241