Inventories, Net

3 Months Ended

Mar. 31, 2023

Inventories, Net

Inventories, Net

6. Inventories, Net

Inventories are valued principally at the lower of cost, determined using the average cost method, or net realizable value. Costs for raw materials and finished goods include materials, labor, and production overhead. Inventories, net consisted of the following (in thousands):

	March 31,		December 31,
	2023		2022
Lime and limestone inventories:
Raw materials	$	7,344	$	5,506
Finished goods		3,010		2,951
		10,354		8,457
Service parts inventories		11,692		11,122
	$	22,046	$	19,579