Quarterly report pursuant to Section 13 or 15(d)

Inventories, Net

v3.20.2
Inventories, Net
9 Months Ended
Sep. 30, 2020
Inventory Disclosure [Abstract]  
Inventories, Net
10. Inventories, Net:
Inventories, net, are classified and valued as follows:
September 30,
2020
December 31,
2019
Finished products and work in process $ 201,784  $ 222,940 
Raw materials 47,878  58,005 
$ 249,662  $ 280,945 
Valued at lower of cost or market:
LIFO basis $ 145,314  $ 168,935 
Valued at lower of cost and net realizable value:
FIFO or average cost basis 104,348  112,010 
$ 249,662  $ 280,945