Inventories

6 Months Ended

Jun. 30, 2012

Inventories [Abstract]

INVENTORIES

6. INVENTORIES

The composition of inventories was as follows:

(In thousands)	June 30, 2012		December 31, 2011
Finished products	$	88,586	$	73,076
Raw materials		49,266		38,099
Total inventories	$	137,852	$	111,175

Inventories are primarily priced using the last-in, first-out inventory valuation method. If the first-in, first-out inventory valuation method had been used for all inventories, inventory balances would have been approximately $42,614,000 and $43,954,000 higher than reported at June 30, 2012, and December 31, 2011, respectively.