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Inventories

3 Months Ended

Mar. 31, 2013

Note 6. Inventories

The various components of inventories were as follows:

	March 31,			December 31,
(all dollar amounts in thousands)	2013			2012

Raw materials	$	35,346		$	35,171
Work in process and finished goods	72,121			61,482
Supplies	4,607			4,723
Inventories at cost	112,074			101,376
Less: LIFO reserve	(45,748		)	(45,136		)

	$	66,326		$	56,240

- 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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