Inventories

12 Months Ended

Dec. 31, 2011

Notes to Financial Statements

Inventories

2. Inventories

Inventories at December 31 consisted of the following (in thousands):

	2011		2010
Finished goods	$	20,013	$	19,202
Consigned inventory		4,646		5,058
Work-in-process		8,216		8,416
Raw materials and supplies		6,585		5,930
	$	39,460	$	38,606

At December 31, 2011, domestic inventories determined by the LIFO inventory method amounted to $8.3 million ($8.0 million at December 31, 2010). If the FIFO inventory method, which approximates replacement cost, had been used for these inventories, they would have been $4.0 million and $3.3 million higher at December 31, 2011 and 2010, respectively.