XML 108 R26.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

INVENTORY | 12 Months Ended
--- | ---
Dec. 31, 2019
Inventory Disclosure [Abstract] |
INVENTORY | INVENTORY Inventories in the Consolidated Balance Sheet is comprised of the following components:
| December 31,
| 2019 |  | 2018
Raw materials | $ | 116,716 |  |  | $ | 103,820 |
Work-in-process | 63,744 |  |  | 53,950 |
Finished goods | 213,288 |  |  | 204,059 |
Total | $ | 393,748 |  |  | $ | 361,829 |
The valuation of LIFO inventories is made at the end of each year based on inventory levels and costs at that time. Accordingly, interim LIFO calculations are based on management’s estimates of expected year-end inventory levels and costs. Actual year-end inventory levels and costs may differ from interim LIFO inventory valuations. At December 31, 2019 and 2018, approximately 36% and 37% of total inventories, respectively, were valued using the LIFO method. The excess of current cost over LIFO cost was $75,292 at December 31, 2019 and $79,626 at December 31, 2018.

X
- References No definition available. + Details
Name: | us-gaap_InventoryDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 330 -URI http://asc.fasb.org/topic&trid=2126998 + Details
Name: | us-gaap_InventoryDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration