Inventories, Net

12 Months Ended

Dec. 31, 2025

Inventory Disclosure [Abstract]

Inventories, Net

Note 2 - Inventories, Net

Inventories, net

	December 31,
	2025		2024
Raw materials	$	95,988	$	75,138
Work-in-process	16,586		12,225
Finished products	55,442		52,792
Inventories, net of excess and obsolete inventory reserve	168,016		140,155
Excess of current cost over LIFO cost	(19,286)		(10,242)
Inventories at LIFO cost	$	148,730	$	129,913

Costs for inventories of certain material, mainly in the U.S., are determined using the LIFO method and totaled approximately $45.8 million and $46.5 million at December 31, 2025 and 2024, respectively. The net change in LIFO inventories for December 31, 2025 and 2024 resulted in an expense of $9.0 million and benefit of $0.3 million to Cost of products sold, respectively. The Company’s reserves for slow-moving and obsolete inventory at December 31, 2025 and 2024 was $17.7 million.