Quarterly report pursuant to Section 13 or 15(d)

Inventories, Net

v2.4.0.8
Inventories, Net
6 Months Ended
Jun. 30, 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):
 
June 30,
2014
 
December 31,
2013
 
June 30,
2013
Raw materials
$
2,031

 
$
1,130

 
$
1,347

Work in process
524

 
1,203

 
1,478

Finished goods
453,893

 
326,895

 
420,940

 
$
456,448

 
$
329,228

 
$
423,765