Quarterly report pursuant to Section 13 or 15(d)

Inventories

v3.23.1
Inventories
3 Months Ended
Mar. 31, 2023
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, 2023 December 31, 2022
Raw materials $ 49,862  $ 57,475 
Work-in-process 22,786  23,136 
Finished goods 32,030  37,549 
104,678  118,160 
Less: inventory reserves (4,886) (3,708)
Inventories, net $ 99,792  $ 114,452