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Inventories
12 Months Ended
Dec. 31, 2022
Inventory Disclosure [Abstract]  
Inventories INVENTORIES
Inventories, net consisted of the following:
 December 31,
 202220212020
 (Amounts in thousands)
Raw materials$360,039 $318,348 321,600 
Work in process295,678 242,143 210,174 
Finished goods245,494 213,096 221,532 
Less: Excess and obsolete reserve(98,013)(95,300)(86,078)
Inventories, net$803,198 $678,287 $667,228 
During 2022, 2021 and 2020, we recognized expenses of $15.4 million, $15.6 million and $14.9 million, respectively, for excess and obsolete inventory. These expenses are included in COS in our consolidated statements of income.