Inventories

12 Months Ended

Dec. 31, 2018

Inventories

Inventories

Note 7 — Inventories

Inventories are stated at the lower of cost or net realizable value, with cost determined on a first-in, first-out basis. Inventories consist of the following:

	December 31,
	2018		2017
	(in thousands)
Materials	$	90,816	$	59,919
Work-in-process		42,354		37,222
Finished goods		23,141		23,125
Total	$	156,311	$	120,266