Annual report pursuant to Section 13 and 15(d)

Inventories

v3.8.0.1
Inventories
 12 Months Ended
Dec. 31, 2017
Inventory Disclosure [Abstract]  
Inventories
INVENTORIES
Inventories at December 31 are as follows:
(In thousands)
2017

2016
Finished Goods
$
35,193

 
$
28,792

Work in Progress
33,219

 
20,790

Raw Material
81,784

 
67,015

 
$
150,196

 
$
116,597


At December 31, 2017, the Company’s reserve for inventory valuation was $18.0 million, or 10.7% of gross inventory. At December 31, 2016, the Company’s reserve for inventory valuation was $15.4 million, or 11.7% of gross inventory.