Inventories

3 Months Ended

Mar. 31, 2021

Inventories are as follows (in thousands):


	March 31, 2021		December 31, 2020
Raw materials	$	7,074	$	7,190

Finished goods	15,617		15,705
Inventories	22,691		22,895
Less reserve for excess and obsolete inventory	(11,075)		(11,058)
Inventories, net	$	11,616	$	11,837

The provision recorded in the first quarter of 2021 includes charges of $0.3 million for the CT segment and zero for the DA segment. The increase in excess and obsolescence is attributable to the Company’s continued product rationalization efforts, which included a reduction in the number of materials carried within the portfolio and identification of those materials for which the Company will no longer actively market or carry quantities in excess of current and estimated future usage requirements.