Inventories

6 Months Ended

Jun. 30, 2020

Inventories

2- Inventories

(2) Inventories

Inventories are stated at the lower of cost or net realizable value. Cost is determined by using the first-in, first-out method. The following table details the major components of inventories (in thousands):

	June 30,		December 31,
	2020		2019
Raw materials	$	19,020	$	18,157
Work in process		9,972		8,525
Finished goods		16,813		15,411
Total inventories	$	45,805	$	42,093