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The proceeds from the disposition of all other significant assets of LTA’s axle and tire refurbishing business, consisting primarily of inventory and accounts receivable, were collected in January 2003 and resulted in a small gain. 

The discontinued axle and tire refurbishing business had previously been included in the Company’s MH segment, and had revenues of $11.2 million and $14.7 million, in 2002 and 2001, respectively. 

4. INVENTORIES 

Inventories consist of the following (in thousands) : 

<img src='content_image/79095.jpg'>

5. FIXED ASSETS 

Fixed assets, at cost, consist of the following (in thousands) : 

<img src='content_image/79094.jpg'>

Depreciation and amortization of fixed assets consists of (in thousands) : 

<img src='content_image/79090.jpg'>

6. ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES 

Accrued expenses and other current liabilities consist of the following (in thousands) : 

<img src='content_image/79089.jpg'>

