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Inventory
3 Months Ended
Mar. 31, 2020
Inventory [Abstract]  
Inventory

(3)Inventory

Inventories are stated at the lower of cost or net realizable value. The Company applies net realizable value and obsolescence to the gross value of the inventory. Cost is determined using the first-in, first-out or weighted-average cost methods for finished goods and work-in-process. Supplies and consumables primarily consist of products used in our services provided to customers. The components of the inventory balances are as follows (in thousands):

March 31, 2020

December 31, 2019

Finished goods

$

50,224

$

45,127

Raw materials

16,151

16,130

Work-in-process

9,542

9,360

Supplies and consumables

35,038

33,322

Total

$

110,955

$

103,939