Note 9. Inventory
Inventory held at September 30, 2003 and 2002, is summarized below (Dollars in Thousands).
|Inventory Held for Current Sale:||2003||2002|
|Publishing Services - Raw Materials||$1,214||$1,797|
|Publishing Services - Publications for Sale||2,215||3,279|
|Inventory for Resale|| 1,830
The inventories of Raw Materials are valued using the latest acquisition cost. Publications for Sale are valued at cost of production. Inventories for resale are valued at cost for items held in the European Logistics Support Office's Expedited Logistics Program, and the weighted moving average method is used for items in the Material Management Branch.