Inventories

Inventories consist of:



	June 30, 2017		September 30, 2016
Raw materials and supplies	$	6,580	$	7,724
Work-in-process	8,826		10,459
Finished goods	8,392		10,313
Total inventories	$	23,798	$	28,496

Inventories are stated at the lower of cost or market. Cost is determined using the last-in, first-out (“LIFO”) method for 36% and 44% of the Company’s inventories at June 30, 2017 and September 30, 2016, respectively. The first-in, first-out (“FIFO”) method is used for the remainder of the inventories. If the FIFO method had been used for the inventories for which cost is determined using the LIFO method, inventories would have been $8,231 and $8,026 higher than reported at June 30, 2017 and September 30, 2016, respectively.