Inventories

Inventories at September 30 consist of:



	2015		2014
Raw materials and supplies	$	7,212	$	5,957
Work-in-process	11,088		6,232
Finished goods	9,643		6,730
Total inventories	$	27,943	$	18,919

If the FIFO method had been used for the entire Company, inventories would have been $8,508 and $7,879 higher than reported at September 30, 2015 and 2014, respectively. LIFO expense was $629 in fiscal 2015 and LIFO income was $98 and $1,560 in fiscal 2014 and fiscal 2013, respectively.

During fiscal 2013, a reduction in total inventory resulted in a liquidation of LIFO inventory quantities valued at the lower costs of prior years. The LIFO liquidation decreased cost of goods sold in fiscal 2013 by approximately $1,300.