Inventory

3 Months Ended

Mar. 31, 2021

Inventory [Abstract]

Inventory

(5)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 WIP. 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):

	Successor		Predecessor
	March 31, 2021		December 31, 2020
Finished goods	$	44,282	$	44,123
Raw materials		8,474		11,345
WIP		5,936		6,185
Supplies and consumables		38,789		25,070
Total	$	97,481	$	86,723