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INVENTORY
3 Months Ended
Mar. 31, 2022
Inventory Disclosure [Abstract]  
INVENTORY

5. INVENTORY:

Inventory consisted of the following (in thousands):

 

 

 

March 31, 2022

 

 

December 31, 2021

 

Raw materials

 

$

79,834

 

 

$

75,227

 

Work-in-process

 

 

14,974

 

 

 

16,065

 

Finished goods

 

 

48,432

 

 

 

42,868

 

Inventory

 

$

143,240

 

 

$

134,160

 

The Company recorded an increase in inventory reserve of $84,000 and $667,000 for the three months ended March 31, 2022 and 2021, respectively, due to excess inventory levels in certain products.