XML 58 R13.htm IDEA: XBRL DOCUMENT

Inventory	12 Months Ended
Inventory	Dec. 31, 2012
Inventory Disclosure [Abstract]
Inventory	INVENTORY The Company’s inventory is stated at the lower of cost (determined using the last-in, first-out (“LIFO”) cost method) or market. Had the first-in, first-out (“FIFO”) method been used, merchandise inventory would have been approximately $150,912 and $148,513 greater than reported under the LIFO method at December 31, 2012 and 2011, respectively. The Company did not liquidate any portion of previously-created LIFO layers in 2012, 2011, and 2010. Reserves for excess and obsolete inventories were $3,500 and $3,800 at December 31, 2012 and 2011, respectively. The change in the reserve for excess and obsolete inventories, included in cost of merchandise sold, was $(300), $(700), and $600 for the years ended December 31, 2012, 2011, and 2010, respectively.

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.

+ References+ Details