Quarterly report pursuant to Section 13 or 15(d)

Inventories

v3.21.2
Inventories
9 Months Ended
Sep. 30, 2021
Inventory Disclosure [Abstract]  
Inventories Inventories
Inventories are stated at the lower of cost or net realizable value. Cost is determined by either specific identification or weighted average methods. The components of inventories are as follows:
(in thousands) September 30, 2021 December 31, 2020
Raw materials $ 48,633  $ 36,349 
Work-in-process 23,916  20,520 
Finished goods 28,419  28,929 
100,968  85,798 
Less: inventory reserves (2,634) (718)
Inventories, net $ 98,334  $ 85,080