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Inventories
3 Months Ended
Mar. 31, 2021
Inventory Disclosure [Abstract]  
INVENTORIES INVENTORIES
Inventories consist of the following:
March 31,December 31,
20212020
Components and raw materials$190,376 $190,775 
Work-in-process38,066 47,251 
Finished goods139,707 126,967 
Total$368,149 $364,993 
The Company recorded inventory provisions totaling $8,027 and $8,451 for the three months ended March 31, 2021 and 2020, respectively. These provisions relate to the recoverability of the value of inventories due to technological changes and excess quantities. These provisions are reported as a reduction to components and raw materials and finished components and devices.