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INVENTORIES, NET
12 Months Ended
Dec. 31, 2014
Inventory Disclosure [Abstract]  
INVENTORIES, NET
INVENTORIES, NET

Inventories, net, consist of the following:
 
December 31,
(in thousands)
2014
 
2013
 
 
 
 
Finished goods
$
253,333

 
$
285,271

Work-in-process
58,329

 
67,718

Raw materials and supplies
75,433

 
85,570

  Inventories, net
$
387,095

 
$
438,559



The Company’s inventory valuation reserve was $34.1 million and $34.2 million at December 31, 2014 and 2013, respectively.