v3.25.3
INVENTORIES
9 Months Ended
Sep. 30, 2025
INVENTORIES  
INVENTORIES

NOTE 8 — INVENTORIES

Inventories in the Condensed Consolidated Balance Sheets are comprised of the following components:

    

    

September 30, 2025

    

December 31, 2024

Raw materials

$

170,509

$

153,596

Work-in-process

 

141,357

 

123,406

Finished goods

 

359,649

 

267,035

Total

$

671,515

$

544,037

At both September 30, 2025 and December 31, 2024, approximately 35% of total inventories were valued using the last-in, first-out ("LIFO") method. The excess of current cost over LIFO cost was $135,721 and $120,633 at September 30, 2025 and December 31, 2024, respectively.