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Inventories

6 Months Ended

Jun. 30, 2014



Inventories consist of the following:	June 30, 2014		December 31, 2013
Raw materials	$	54,168	$	69,776
Work-in-process	21,332		22,183
Finished goods	31,171		17,661
Operating and other supplies	136,977		129,995
Inventories	$	243,648	$	239,615

Inventories are stated at the lower of cost or market, using the first-in, first-out method.

- 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.

+ References+ Details