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Inventory
12 Months Ended
Dec. 31, 2015
Inventory [Abstract]  
Inventory

Note 6.

Inventory

 

Inventories at December 31, 2015 and 2014 are summarized in the following table:

 

 

 

 

 

 

 

 

 

 

 

 

 

2015

 

2014

 

 

 

Finished goods

$

62,547 

$

65,335 

Work-in-process

 

20,178 

 

16,188 

Raw materials

 

19,492 

 

21,855 

Total inventories at current costs

 

102,217 

 

103,378 

Less: LIFO reserve

 

(5,821)

 

(8,289)

 

$

96,396 

$

95,089 

 

At December 31, 2015 and 2014, the LIFO carrying value of inventories for book purposes exceeded the LIFO value for tax purposes by approximately $5,046 and $11,697, respectively.  At December 31, 2015, 2014, and 2013 liquidation of certain LIFO inventory layers carried at costs that were higher than the costs of current purchases resulted in increases in cost of goods sold of $115,  $6 and $1,128, respectively.