Annual report pursuant to Section 13 and 15(d)

Inventories

v3.7.0.1
Inventories
 12 Months Ended
Dec. 31, 2016
Inventory Disclosure [Abstract]  
Inventories
INVENTORIES
Inventories at December 31 are as follows:
(In thousands)
2016

2015
Finished Goods
$
28,792

 
$
27,770

Work in Progress
20,790

 
23,977

Raw Material
67,015

 
63,720

 
$
116,597

 
$
115,467


At December 31, 2016, the Company’s reserve for inventory valuation was $15.4 million, or 11.7% of gross inventory. At December 31, 2015, the Company’s reserve for inventory valuation was $14.6 million, or 11.2% of gross inventory.