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INVENTORIES
3 Months Ended
Mar. 31, 2012
INVENTORIES  
INVENTORIES

 

 

NOTE 2 - INVENTORIES

 

At March 31, 2012 and December 31, 2011, approximately 19% and 21%, respectively, of the total inventories are accounted for by using the LIFO method.  Inventories, by component, consisted of:

 

 

 

March 31,

 

December 31,

 

 

 

2012

 

2011

 

 

 

 

 

 

 

Raw materials

 

$

118,918

 

$

116,751

 

Work-in-process

 

75,591

 

69,676

 

Finished goods

 

113,109

 

105,095

 

Total

 

307,618

 

291,522

 

Less LIFO Reserve

 

(6,810

)

(6,367

)

Total

 

$

300,808

 

$

285,155