Annual report pursuant to Section 13 and 15(d)

Inventories

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Inventories
12 Months Ended
Dec. 31, 2018
Inventory Disclosure [Abstract]  
Inventories INVENTORIES
Inventories at December 31 are as follows:
(In thousands) 2018 2017
Finished Goods $ 33,100  $ 35,193 
Work in Progress 27,409  33,219 
Raw Material 78,176  81,784 
Total Inventories $ 138,685  $ 150,196 
Additionally, net Inventories of $14,385 are classified in Assets Held for Sale at December 31, 2018. Refer to Note 21.
At December 31, 2018, the Company’s reserve for inventory valuation was $20.8 million, or 12.0% of gross inventory, inclusive of inventory and its associated reserves held for sale. At December 31, 2017, the Company’s reserve for inventory valuation was $18.0 million, or 10.7% of gross inventory.