Quarterly report pursuant to Section 13 or 15(d)

Inventories

v3.19.2
Inventories
6 Months Ended
Jun. 30, 2019
Inventory Disclosure [Abstract]  
Inventories
Inventories
Inventories consist of raw sand and processed sand available for sale, chemicals and other products sold as a bi-product of completion and production operations and supplies used in performing services. Inventory is stated at the lower of cost or market (net realizable value) on an average cost basis. The Company assesses the valuation of its inventories based upon specific usage and future utility. A summary of the Company's inventories is shown below (in thousands):
 
 
June 30,
 
December 31,
 
 
2019
 
2018
Supplies
 
$
16,912

 
$
12,571

Raw materials
 
344

 
199

Work in process
 
2,338

 
3,273

Finished goods
 
2,520

 
5,259

Total inventories
 
$
22,114

 
$
21,302