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Inventories

12 Months Ended

Jun. 30, 2014

Note 4.

Inventories

The components of inventories, net of reserves, were as follows:

June 30,	2014		2013
($000)
Raw materials	$	71,949	$	59,290
Work in process		44,739		43,895
Finished goods		49,185		38,674
	$	165,873	$	141,859

- Definition

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.

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