Quarterly report pursuant to Section 13 or 15(d)

Inventories

v3.10.0.1
Inventories
9 Months Ended
Sep. 30, 2018
Inventory Disclosure [Abstract]  
Inventories
9. Inventories:
Inventories are classified and valued as follows:
 
 
September 30,
2018
 
December 31,
2017
Finished products and work in process
 
$
189,004

 
$
199,919

Raw materials
 
60,294

 
62,469

 
 
$
249,298

 
$
262,388

 
 
 
 
 
Valued at lower of cost or market:
 
 
 
 
LIFO basis
 
$
153,093

 
$
162,315

Valued at lower of cost and net realizable value:
 
 
 
 
FIFO or average cost basis
 
96,205

 
100,073

 
 
$
249,298

 
$
262,388