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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.