Inventories

3 Months Ended

Mar. 31, 2021

Inventories

2- Inventories

(2)	Inventories
	Inventories are stated at the lower of cost or net realizable value. Cost is determined by using the first-in, first-out method. The following table details the major components of inventories (in thousands):

	March 31,		December 31,
	2021		2020
Raw materials	$	20,187	$	20,308
Work in process		12,122		11,339
Finished goods		17,210		18,651
Total inventories	$	49,519	$	50,298