Quarterly report pursuant to Section 13 or 15(d)

Inventories

v3.8.0.1
Inventories
9 Months Ended
Sep. 30, 2017
Inventory Disclosure [Abstract]  
Inventories
Inventories:
Inventories are classified and valued as follows:
 
September 30, 2017
 
December 31, 2016
Finished products and work in process
$
178,844

 
$
175,182

Raw materials
57,077

 
51,866

 
$
235,921

 
$
227,048

Valued at lower of cost or market:
 
 
 
LIFO basis
$
145,905

 
$
135,605

FIFO or average cost basis
90,016

 
91,443

 
$
235,921

 
$
227,048