XML 27 R12.htm IDEA: XBRL DOCUMENT v3.20.2
Inventories
12 Months Ended
Jun. 30, 2020
Inventory Disclosure [Abstract]  
INVENTORIES INVENTORIES
Inventories consist of the following:
June 30,
 
2020

 
2019

U.S. inventories at average cost
 
$
431,866

 
$
473,949

Foreign inventories at average cost
 
112,795

 
125,260

 
 
544,661

 
599,209

Less: Excess of average cost over LIFO cost for U.S. inventories
 
155,511

 
151,654

Inventories on consolidated balance sheets
 
$
389,150

 
$
447,555