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INVENTORIES
6 Months Ended
Jun. 30, 2011
INVENTORIES  
INVENTORIES

NOTE 2 — INVENTORIES

 

At June 30, 2011 and December 31, 2010, approximately 18% and 20%, respectively, of the total inventories are accounted for by using the LIFO method.  Inventories, by component and net of reserves, consisted of:

 

 

 

 

June 30,

 

December 31,

 

 

 

2011

 

2010

 

 

 

 

 

 

 

Raw materials

 

$

124,387

 

$

106,870

 

Work in progress

 

83,906

 

67,591

 

Finished goods

 

123,437

 

102,423

 

Total

 

331,730

 

276,884

 

Less LIFO Reserve

 

(5,985

)

(4,629

)

Total

 

$

325,745

 

$

272,255