Quarterly report pursuant to Section 13 or 15(d)

Inventories, Net

v2.4.0.6
Inventories, Net
9 Months Ended
Sep. 30, 2012
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, close-out and slow moving items and makes provisions as necessary to properly reflect inventory value.
Inventories, net, consisted of the following (in thousands):
 
September 30,
2012
 
December 31,
2011
 
September 30,
2011
Raw materials
$
726

 
$
2,044

 
$
1,738

Work in process
2,055

 
1,240

 
1,295

Finished goods
472,952

 
361,915

 
429,071

 
$
475,733

 
$
365,199

 
$
432,104