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Inventories
12 Months Ended
Dec. 31, 2025
Inventories  
Inventories

Note 7: Inventories

Inventories consist of raw materials and supplies that are consumed providing services to the Company’s customers, spare parts for equipment used in providing these services, components and attachments for manufactured equipment used in providing services and labor and manufacturing overhead. In the table below, spare parts and components are included as part of raw materials and supplies; tools that are assembled using components are reported as finished goods. Inventories are recorded at the lower of cost or net realizable value. Cost is determined using either the first-in, first-out, or the weighted average cost method.

December 31, 

  ​ ​ ​

2025

  ​ ​ ​

2024

(in thousands)

  ​

  ​

Raw materials and supplies

$

109,259

$

97,857

Finished goods

 

9,745

 

9,771

Total inventory

$

119,004

$

107,628