Annual report pursuant to Section 13 and 15(d)

INVENTORIES

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INVENTORIES
12 Months Ended
Dec. 31, 2013
Inventory Disclosure [Abstract]  
INVENTORIES

NOTE 3 — INVENTORIES

Inventories at December 31 are as follows:

 

(In thousands)    2013      2012  

Finished Goods

     21,627       $ 10,864   

Work in Progress

     15,017         8,960   

Raw Material

     48,625         28,800   
  

 

 

    

 

 

 
   $ 85,269       $ 48,624   
  

 

 

    

 

 

 

At December 31, 2013, the Company’s reserve for inventory valuation was $11.0 million, or 11.5% of gross inventory. At December 31, 2012, the Company’s reserve for inventory valuation was $12.0 million, or 19.8% of gross inventory.