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INVENTORIES

3 Months Ended

Mar. 31, 2013

NOTE 2 - INVENTORIES

At March 31, 2013 and December 31, 2012, approximately 18% and 19%, respectively, of the total inventories are accounted for by the LIFO method. Inventories, by component, consisted of:

	March 31,			December 31,
	2013			2012

Raw materials	$	118,037		$	125,889
Work in process	89,188			75,261
Finished goods	126,186			127,393
Total	333,411			328,543
Less LIFO Reserve	(7,163		)	(6,658		)
Total	$	326,248		$	321,885

- 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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