Quarterly report pursuant to Section 13 or 15(d)

Inventories

v3.22.2.2
Inventories
9 Months Ended
Sep. 30, 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) September 30, 2022 December 31, 2021
Raw materials $ 71,567  $ 48,745 
Work-in-process 28,068  25,187 
Finished goods 41,015  30,666 
140,650  104,598 
Less: inventory reserves (2,807) (1,349)
Inventories, net $ 137,843  $ 103,249