Annual report pursuant to Section 13 and 15(d)

Inventories

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Inventories
12 Months Ended
Dec. 31, 2019
Inventory Disclosure [Abstract]  
Inventories INVENTORIES
Inventories at December 31 are as follows:
(In thousands) 2019 2018
Finished Goods $ 33,434    $ 33,100   
Work in Progress 25,594    27,409   
Raw Material 86,759    78,176   
Total Inventories $ 145,787    $ 138,685   
Additionally, net Inventories of $14.4 million are classified in Assets Held for Sale at December 31, 2018. Refer to Note 22.
At December 31, 2019, the Company’s reserve for inventory valuation was $33.6 million, or 18.7% of gross inventory, inclusive of inventory and its associated reserves held for sale. At December 31, 2018, the Company’s reserve for inventory valuation was $20.8 million, or 12.0% of gross inventory.