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Inventories

9 Months Ended

Sep. 30, 2014

2.	Inventories

Approximately 59% and 56% of the inventories at September 30, 2014 and December 31, 2013, respectively, were valued on the LIFO method with the remaining inventories valued on the FIFO method. Inventories were comprised of the following:


	September 30, 2014		December 31, 2013

Raw materials	$	17,418	$	17,411
Work-in-process		25,398		29,322
Finished goods		9,224		5,894
Supplies		11,155		11,502

	$	63,195	$	64,129

- 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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