Annual report pursuant to Section 13 and 15(d)

Inventories

v3.3.1.900
Inventories
12 Months Ended
Dec. 31, 2015
Inventory Disclosure [Abstract]  
Inventories
INVENTORIES
Inventories at December 31 are as follows:
(In thousands)
2015

2014
Finished Goods
$
27,770

 
$
28,763

Work in Progress
23,977

 
28,488

Raw Material
63,720

 
57,802

 
$
115,467

 
$
115,053


At December 31, 2015, the Company’s reserve for inventory valuation was $14.6 million, or 11.2% of gross inventory. At December 31, 2014, the Company’s reserve for inventory valuation was $12.3 million, or 9.6% of gross inventory.