Inventories

12 Months Ended

Dec. 31, 2019

Inventory Disclosure [Abstract]

Inventories

INVENTORIES

The components of inventories at December 31 were as follows:

	2019			2018
	(Dollars in thousands)
Raw materials	$	286,953		$	288,860
Work-in-process	134,417			123,574
Finished goods	355,337			335,180
Other	12,793			13,075
	789,500			760,689
Adjustment to value inventory at cost on the LIFO method	(156,495		)	(125,883		)
	$	633,005		$	634,806

Inventories include $152.6 million and $169.3 million recorded on the FIFO method at December 31, 2019 and 2018, respectively, and $112.9 million and $120.9 million recorded on the average cost method at December 31, 2019 and 2018, respectively.