Inventories

3 Months Ended

Mar. 31, 2023

Inventory Disclosure [Abstract]

Inventories

Inventories

Inventories consisted of the following:

(In thousands)	March 31, 2023		December 31, 2022
Raw materials:
Fluids Systems	$	114,122	$	110,623
Industrial Solutions	4,678		3,966
Total raw materials	118,800		114,589
Blended fluids systems components	24,962		29,244
Finished goods - mats	6,227		5,738
Total inventories	$	149,989	$	149,571

Raw materials for the Fluids Systems segment consist primarily of chemicals and other additives that are consumed in the production of our fluids systems. Raw materials for the Industrial Solutions segment consist primarily of resins, chemicals, and other materials used to manufacture composite mats, as well as materials that are consumed in providing ground protection and other services to our customers. Our blended fluids systems components consist of base fluids systems that have been either mixed internally at our blending facilities or purchased from third-party vendors. These base fluids systems require raw materials to be added, as needed to meet specified customer requirements.