General form of registration statement for all companies including face-amount certificate companies

3. INVENTORIES (Tables)

v2.4.0.8
3. INVENTORIES (Tables)
 3 Months Ended 12 Months Ended
Mar. 31, 2013
Dec. 31, 2012
Inventories Tables    
Inventories

Inventories consisted primarily of bulk ethanol and unleaded fuel, and are valued at the lower-of-cost-or-market, with cost determined on a first-in, first-out basis. Inventory balances consisted of the following (in thousands):

  

    March 31, 2013     December 31, 2012  
Finished goods   $ 11,053     $ 10,230  
Work in progress     4,481       3,846  
Raw materials     1,212       1,363  
Other     790       805  
Total   $ 17,536     $ 16,244  

Inventories consisted primarily of bulk ethanol and unleaded fuel, and are valued at the lower-of-cost-or-market, with cost determined on a first-in, first-out basis. Inventory balances consisted of the following (in thousands):

 

    December 31,  
    2012     2011  
Finished goods   $ 10,230     $ 9,429  
Work in progress     3,846       4,284  
Raw materials     1,363       1,334  
Other     805       1,084  
Total   $ 16,244     $ 16,131