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Inventories

6 Months Ended

Jun. 30, 2013

2.	Inventories

At June 30, 2013 and December 31, 2012, approximately 66% and 68%, respectively, of the inventories were valued on the LIFO method with the remaining inventories valued on the FIFO method. Inventories were comprised of the following:


	June 30, 2013		December 31, 2012

Raw materials	$	21,320	$	22,514
Work-in-process		31,606		31,164
Finished goods		6,897		5,907
Supplies		10,813		11,084

	$	70,636	$	70,669

- Definition

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

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