Inventories

12 Months Ended

Dec. 31, 2018

Inventory Disclosure [Abstract]

Inventories

Note 4- Inventories

Inventories consist of the following:

	December 31, 2018			December 31, 2017
(in thousands)
Refrigerants and cylinders	$	115,348		$	174,262
Less: net realizable value adjustments		(13,386	)		(1,777	)
Total	$	101,962		$	172,485

During 2018, the Company recorded a $35.9 million lower of cost or net realizable value adjustment to its inventory due to deteriorating market conditions. The $35.9 million adjustment included a $17.6 million write-down of a previously recorded step-up in inventory basis associated with the acquisition of ARI and a $18.3 million write-down for a lower of cost or net realizable value adjustment. The Company’s performance has been negatively impacted by the challenging pricing environment affecting the industry and the market during 2018.