v3.26.1
INVENTORIES
6 Months Ended
Jun. 30, 2026
INVENTORIES  
INVENTORIES

NOTE 8 — INVENTORIES

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

  ​ ​ ​

  ​ ​ ​

June 30, 2026

  ​ ​ ​

December 31, 2025

Raw materials

$

145,890

$

164,440

Work-in-process

 

163,380

 

124,351

Finished goods

 

381,273

 

344,573

Total

$

690,543

$

633,364

At both June 30, 2026 and December 31, 2025, approximately 38% of total inventories were valued using the last-in, first-out ("LIFO") method. The excess of current cost over LIFO cost was $143,613 and $138,589 at June 30, 2026 and December 31, 2025, respectively.