Inventories

12 Months Ended

Dec. 31, 2021

Inventories

Inventories

Note 5 — 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,		December 31,
	2021		2020
	(in thousands)
Materials	$	96,027	$	82,679
Work-in-process		54,128		53,979
Finished goods		20,703		9,248
Total	$	170,858	$	145,906