Inventories, Net

3 Months Ended

Mar. 31, 2013

3.	Inventories, Net


	March 31, 2013		December 31, 2012		March 31, 2012
		(Dollars in Thousands)
Finished products	$	363,610	$	355,881	$	357,953
Products in process and raw materials		20,908		16,442		15,751
Supplies and expendable parts		59,362		56,805		54,010

		443,880		429,128		427,714
Less allowances		(96,239)		(96,817)		(94,227)

Total	$	347,641	$	332,311	$	333,487

- 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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