Inventories

12 Months Ended

Dec. 31, 2019

Inventory Disclosure [Abstract]

Inventories

NOTE 7.  INVENTORIES

Inventories consist of the following at December 31:

(in thousands)	2019			2018
Logs	$	33,313		$	37,303
Lumber, plywood and veneer		31,639			27,420
Materials and supplies		12,831			11,310
		77,783			76,033
Less: LIFO reserve		(12,002	)		(15,228	)
Total inventories	$	65,781		$	60,805

If the last-in, first-out inventory had been carried at average cost, the values would have been higher by approximately $12.0 million, $15.2 million and $10.9 million at December 31, 2019, 2018 and 2017, respectively.