Quarterly report pursuant to Section 13 or 15(d)

Inventories, Net

v3.19.3
Inventories, Net
 9 Months Ended
Sep. 30, 2019
Inventory Disclosure [Abstract]  
Inventories, Net
9. Inventories, Net:
Inventories, net, are classified and valued as follows:
 
 
September 30,
2019
 
December 31,
2018
Finished products and work in process
 
$
206,419

 
$
206,188

Raw materials
 
53,347

 
58,560

 
 
$
259,766

 
$
264,748

 
 
 
 
 
Valued at lower of cost or market:
 
 
 
 
LIFO basis
 
$
155,089

 
$
160,863

Valued at lower of cost and net realizable value:
 
 
 
 
FIFO or average cost basis
 
104,677

 
103,885

 
 
$
259,766

 
$
264,748