Quarterly report pursuant to Section 13 or 15(d)

Inventories

v3.23.3
Inventories
9 Months Ended
Sep. 30, 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) September 30, 2023 December 31, 2022
Raw materials $ 51,941  $ 49,655 
Work-in-process 15,223  10,931 
Finished goods 21,475  28,157 
88,639  88,743 
Less: inventory reserves (5,595) (3,171)
Inventories $ 83,044  $ 85,572