Inventories at December 31, 2015 and 2014, on a FIFO basis, were as follows:
(In thousands)
December 31, 2015
December 31, 2014
Raw materials
$
9,836
$
8,244
Work in process
14,135
14,073
Finished manufactured goods
23,821
20,748
Total inventories
$
47,792
$
43,065