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Inventories
12 Months Ended
Jun. 30, 2013
Inventories [Abstract]  
Inventories

 

 

 

 

 

 

 

 

2.   INVENTORIES

 

Inventories valued on a LIFO basis (steel) would have been approximately $1.7 million higher at June 30, 2013 and 2012, respectively, if they had been valued on a FIFO basis.  At June 30, 2013 and 2012 the total value of LIFO inventory was $2.6 million and $2.9 million, respectively.  There was no material liquidation of LIFO inventory in 2013, 2012, or 2011.  A comparison of inventories is as follows:

 

 

 

 

 

 

 

 

 

 

 

 

(in thousands)

June 30,

 

2013

 

2012

Raw materials

$

10,684 

 

$

10,410 

Work in process and finished parts

 

5,410 

 

 

5,288 

Finished goods

 

76,323 

 

 

66,991 

Total

$

92,417 

 

$

82,689