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Inventories
3 Months Ended
Mar. 31, 2013
Inventories [Abstract]  
Inventories
2. Inventories

Inventories are stated at the lower of cost or market and consist of the following (in thousands):

 

                 
    March 31,
2013
    December 31,
2012
 

Short-term inventories:

               

Raw materials

  $ 52,869     $ 56,913  

Work-in-process

    7,812       10,157  

Finished goods

    45,824       43,374  

Supplies

    3,099       3,101  
   

 

 

   

 

 

 
      109,604       113,545  

Long-term inventories:

               

Finished goods

    1,463       1,608  
   

 

 

   

 

 

 

Total inventories

  $ 111,067     $ 115,153  
   

 

 

   

 

 

 

Long-term inventories are recorded in other assets. The lower of cost or market adjustment was $4.4 million at March 31, 2013 and $3.5 million at December 31, 2012.