Quarterly report pursuant to Section 13 or 15(d)

Inventories, Net

v3.20.2
Inventories, Net
6 Months Ended
Jun. 30, 2020
Inventory Disclosure [Abstract]  
Inventories, Net
10. Inventories, Net:
Inventories, net, are classified and valued as follows:
June 30,
2020
December 31,
2019
Finished products and work in process $ 219,731    $ 222,940   
Raw materials 46,889    58,005   
$ 266,620    $ 280,945   
Valued at lower of cost or market:
LIFO basis $ 154,571    $ 168,935   
Valued at lower of cost and net realizable value:
FIFO or average cost basis 112,049    112,010   
$ 266,620    $ 280,945