Inventories

12 Months Ended

Dec. 31, 2019

Inventory Disclosure [Abstract]

Inventories

INVENTORIES

Inventories consisted of the following:

(in thousands)	December 31, 2019			December 31, 2018
Raw materials	$	50,099		$	53,677
Work in progress	13,325			11,416
Finished goods	175,774			180,106
	239,198			245,199
LIFO and valuation adjustments	(27,856		)	(25,778		)
Inventories, net	$	211,342		$	219,421

As of December 31, 2019 and 2018, approximately 23% and 24%, respectively, of our total net inventories were accounted for using the LIFO method. The current replacement costs of LIFO inventories exceeded their carrying value by approximately $15.8 million and $12.9 million at December 31, 2019 and 2018, respectively. There were no reductions to the base LIFO inventories in 2019 or 2018.