Quarterly report pursuant to Section 13 or 15(d)

Inventories

v3.22.1
Inventories
3 Months Ended
Mar. 31, 2022
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) March 31, 2022 December 31, 2021
Raw materials $ 54,654  $ 48,745 
Work-in-process 29,970  25,187 
Finished goods 29,280  30,666 
113,904  104,598 
Less: inventory reserves (1,790) (1,349)
Inventories, net $ 112,114  $ 103,249