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Inventory
6 Months Ended
Jun. 30, 2021
Inventory [Abstract]  
Inventory

(5)Inventory

Inventories are stated at the lower of cost or net realizable value. We apply 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

June 30, 2021

December 31, 2020

Finished goods

$

42,000

$

35,074

Raw materials

1,009

5,139

WIP

6,350

2,994

Supplies and consumables

36,705

33,820

Total

$

86,064

$

77,027