Inventories

3 Months Ended

Mar. 31, 2024

Inventory Disclosure [Abstract]

Inventories

Inventories

Inventories consisted of the following:

(In thousands)	March 31, 2024		December 31, 2023
Raw materials:
Fluids Systems	$	98,530	$	104,227
Industrial Solutions	4,668		4,232
Total raw materials	103,198		108,459
Blended fluids systems components	17,142		18,246
Finished goods — mats	11,259		14,374
Total inventories	$	131,599	$	141,079

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 and other materials used to manufacture composite mats, as well as materials that are consumed in providing spill containment 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.