XML 25 R15.htm IDEA: XBRL DOCUMENT

Note 8 - Balance Sheet Details

3 Months Ended

Mar. 31, 2023

Notes to Financial Statements

Supplemental Balance Sheet Disclosures [Text Block]

8. Balance Sheet Details

Inventories consist of the following:

		*March 31,*				*December 31,*
		*2023*				*2022*
Raw material		$	825,487			$	798,340
Work-in-process			11,530				14,899
Finished goods			601,279				592,145
Total		$	1,438,296			$	1,405,384

Property and equipment consists of the following:

		*March 31,*				*December 31,*
		*2023*				*2022*
Land and improvements		$	23,866			$	22,589
Buildings and improvements			250,056				243,553
Machinery and equipment			241,332				229,593
Dies and tools			39,269				37,343
Vehicles			10,052				9,807
Office equipment and systems			159,098				148,166
Leasehold improvements			7,093				6,849
Construction in progress			58,021				52,522
Gross property and equipment			788,787				750,422
Accumulated depreciation			(298,644	)			(282,818	)
Total		$	490,143			$	467,604

Total property and equipment includes finance leases of $26,926 and $24,719 on March 31, 2023 and December 31, 2022, respectively, primarily consisting of buildings and improvements. Amortization of finance lease right of use assets is recorded within depreciation expense in the condensed consolidated statements of comprehensive income. The initial measurement of new finance lease right of use assets is accounted for as a non-cash item in the condensed consolidated statements of cash flows.