INVENTORIES

12 Months Ended

Dec. 31, 2021

INVENTORIES

INVENTORIES

NOTE 4: INVENTORIES

Inventories consist of the following:

December 31,	2021		2020
(in thousands)
Raw materials and supplies	$	42,231	$	21,754
Work in process		14,390		11,378
Finished goods		16,640		9,178
Total inventories	$	73,261	$	42,310

The Company’s inventories have increased significantly in 2021 compared to the prior year due to insufficient critical components needed to adequately complete boats prior to shipment as a result of supply chain disruptions.