XML 32 R12.htm IDEA: XBRL DOCUMENT v3.25.0.1

Note 4 - Inventories

12 Months Ended

Dec. 31, 2024

Notes to Financial Statements

Inventory Disclosure [Text Block]

Note 4 – Inventories

LIFO inventories are stated at the lower of cost or market and all other inventories are stated at the lower of cost or net realizable value. Replacement cost approximates current cost and the excess over LIFO cost was approximately $100.2 million and $95.1 million at December 31, 2024 and 2023, respectively. Allowances for excess and obsolete inventory totaled $6.8 million at December 31, 2024 and $7.9 million at December 31, 2023.

Pre-tax LIFO expense was $5.1 million, $6.9 million, and $18.0 million for the years ended December 31, 2024, 2023, and 2022, respectively.

Inventories are comprised of the following: 

		2024				2023
Raw materials and in-process		$	36,897			$	37,037
Finished parts			46,375				52,458
Finished products			15,933				14,661
Total net inventories		$	99,205			$	104,156

X

- References

No definition available.

+ Details

Name:	us-gaap_DisclosureTextBlockAbstract
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/disclosureRef
-Topic 330
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/330/tableOfContent

+ Details

Name:	us-gaap_InventoryDisclosureTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration