Inventories, Net

6 Months Ended

Jun. 30, 2020

Inventories, Net

Inventories, Net

8. Inventories, Net

Inventories are valued principally at the lower of cost, determined using the average cost method, or market. Costs for raw materials and finished goods include materials, labor, and production overhead. Inventories, net consisted of the following (in thousands):

	June 30,		December 31,
	2020		2019
Lime and limestone inventories:
Raw materials	$	4,961	$	4,546
Finished goods		1,815		1,954
		6,776		6,500
Service parts inventories		7,646		6,888
	$	14,422	$	13,388