Quarterly report pursuant to Section 13 or 15(d)

Inventories

v3.19.1
Inventories
 3 Months Ended
Mar. 31, 2019
Inventory Disclosure [Abstract]  
Inventories
8. Inventories:
Inventories are classified and valued as follows:
 
 
March 31,
2019
 
December 31,
2018
Finished products and work in process
 
$
228,874

 
$
206,188

Raw materials
 
54,675

 
58,560

 
 
$
283,549

 
$
264,748

 
 
 
 
 
Valued at lower of cost or market:
 
 
 
 
LIFO basis
 
$
171,967

 
$
160,863

Valued at lower of cost and net realizable value:
 
 
 
 
FIFO or average cost basis
 
111,582

 
103,885

 
 
$
283,549

 
$
264,748