Quarterly report pursuant to Section 13 or 15(d)

2. Inventories

2. Inventories
3 Months Ended
Apr. 01, 2017
Inventory Disclosure [Abstract]  

Inventories, consisting principally of appliances, are stated at the lower of cost, determined on a specific identification basis, or net realizable value and consist of:


    April 1,
    December 31,
Appliances held for resale   $ 13,062     $ 16,146  
Processed metals from recycled appliances held for resale     114       139  
Other     6       6  
    $ 13,182     $ 16,291  


We provide estimated provisions for the obsolescence of our appliance inventories, including adjustments to market, based on various factors, including the age of such inventory and our management’s assessment of the need for such provisions. We look at historical inventory aging’s and margin analysis in determining our provision estimate.  A revised cost basis is used once a provision for obsolescence is recorded.