Quarterly report pursuant to Section 13 or 15(d)

Inventories

v3.19.2
Inventories
6 Months Ended
Jun. 30, 2019
Inventory Disclosure [Abstract]  
Inventories Inventories
Inventories consist of the following (in thousands):
 
June 30, 2019
 
December 31, 2018
Raw materials and subassemblies
$
34,310

 
$
31,459

Work in process
2,603

 
2,424

Finished goods
62,650

 
63,932

Total inventories
99,563

 
97,815

Less: Non-current inventories
(21,288
)
 
(18,079
)
Inventories, current
$
78,275

 
$
79,736


As of June 30, 2019 and December 31, 2018, the Company has classified $21.3 million and $18.1 million, respectively, of inventories as other assets. This inventory consists primarily of service components used to repair products held by customers pursuant to warranty obligations and extended service contracts, including service components for products the Company no longer sells, inventory purchased for lifetime buys, and inventory that is turning over at a slow rate. The Company believes these inventories will be utilized for their intended purpose.