XML 32 R13.htm IDEA: XBRL DOCUMENT
v3.6.0.2

Inventories | 12 Months Ended
--- | ---
Dec. 31, 2016
Inventories [Abstract] |
Inventories | Note 4 – Inventories
(In thousands) |  | 2016 |  |  | 2015 |
Raw materials and supplies |  | $ | 57,387 |  |  | $ | 58,987 |
Work-in-process |  |  | 42,227 |  |  |  | 25,161 |
Finished goods |  |  | 149,288 |  |  |  | 161,410 |
Valuation reserves |  |  | (6,889 | ) |  |  | (6,180 | )
Inventories |  | $ | 242,013 |  |  | $ | 239,378 |
Inventories valued using the LIFO method totaled $14.4 million at December 31, 2016 and $27.6 million at December 26, 2015. At December 31, 2016 and December 26, 2015, the approximate FIFO cost of such inventories was $76.6 million and $80.7 million, respectively. Additionally, the Company values certain inventories purchased for resale on an average cost basis. The value of those inventories was $43.8 million at December 31, 2016 and $48.8 million at December 26, 2015. During 2016, inventory quantities valued using the LIFO method declined, which resulted in liquidation of LIFO inventory layers. This liquidation resulted primarily from intercompany sales; therefore $2.5 million of the $3.3 million loss related to the LIFO liquidation was deferred. The deferred loss will increase cost of goods sold in the first quarter of 2017 when the inventory is sold to third parties. At the end of 2016 and 2015, the FIFO value of inventory consigned to others was $2.5 million and $3.7 million, respectively.

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://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.6) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6361739&loc=d3e7789-107766 + Details
Name: | us-gaap_InventoryDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration