Quarterly report pursuant to Section 13 or 15(d)

Inventories (Tables)

v3.8.0.1
Inventories (Tables)
 3 Months Ended
Mar. 31, 2018
Inventory Disclosure [Abstract]  
Schedule of Inventory, Current
Inventories are classified and valued as follows:
 
 
March 31,
2018
 
December 31,
2017
Finished products and work in process
 
$
223,019

 
$
199,919

Raw materials
 
60,771

 
62,469

 
 
$
283,790

 
$
262,388

 
 
 
 
 
Valued at lower of cost or market:
 
 
 
 
LIFO basis
 
$
177,632

 
$
162,315

Valued at lower of cost and net realizable value:
 
 
 
 
FIFO or average cost basis
 
106,158

 
100,073

 
 
$
283,790

 
$
262,388