XML 25 R10.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Inventories | 12 Months Ended
--- | ---
Dec. 31, 2018
Inventory Disclosure [Abstract] |
Inventories |
4. | INVENTORIES
Inventories (at LIFO value) consist of the following as of December 31 (in thousands):
|  | 2018 |  |  | 2017 |
Finished goods |  | $ | 46,638 |  |  | $ | 32,986 |
Raw materials |  |  | 27,321 |  |  |  | 19,432 |
Total FIFO (first-in, first out) inventories |  |  | 73,959 |  |  |  | 52,418 |
Reserve to adjust inventories to LIFO value |  |  | (18,442 | ) |  |  | (20,070 | )
Total LIFO inventories |  | $ | 55,517 |  |  | $ | 32,348 |
Inventory related to the Company’s wood-alternative decking and railing products is stated at the lower of LIFO cost or market. The Company periodically reviews its inventory for slow moving or obsolete items and writes down the related products to estimated market. Under the LIFO method, reductions in inventory cause a portion of the Company’s cost of sales to be based on historical costs rather than current year costs. There was no inventory reduction during 2018 and 2017. Inventories valued at lower of cost (FIFO method) and net realizable value as of December 31, 2018 and December 31, 2017, consist of $2.3 million and $2.2 million, respectively, of raw materials. The Company utilizes the FIFO method of accounting related to its commercial products.

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