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Inventory (Tables)
9 Months Ended
Sep. 30, 2022
Inventory Disclosure [Abstract]  
Schedule of Inventories

Inventory is stated at the lower of cost and net realizable value. Cost is determined using the first-in, first-out method. Inventory consisted of the following:

 

 

 

September 30,

 

 

December 31,

 

(In thousands)

 

2022

 

 

2021

 

Raw materials

 

$

57,889

 

 

$

56,125

 

Work in process

 

 

79,816

 

 

 

59,105

 

Finished goods(1)

 

 

28,591

 

 

 

35,105

 

Total inventory

 

$

166,296

 

 

$

150,335

 

 

(1)
At September 30, 2022 and December 31, 2021, the Company had $22.9 million and $25.1 million, respectively, of finished goods inventory located at its third-party warehouse and shipping service provider.