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Inventories
6 Months Ended
Jun. 30, 2023
Inventory Disclosure [Abstract]  
Inventories

Note 7 – Inventories

 

Inventories, net of reserve for excess and obsolete items, consist of the following:

 

 

 

June 30,

 

 

December 31,

 

 

 

2023

 

 

2022

 

Raw materials

 

$

75,371

 

 

$

46,421

 

Work in process

 

 

4,209

 

 

 

4,527

 

Finished railcars

 

 

4,517

 

 

 

8,783

 

Parts inventory

 

 

4,672

 

 

 

4,586

 

Total inventories, net

 

$

88,769

 

 

$

64,317

 

 

Inventory on the Company’s Condensed Consolidated Balance Sheets includes reserves of $1,995 and $1,672 relating to excess or slow-moving inventory for parts and work in process at June 30, 2023 and December 31, 2022, respectively.