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Inventories
9 Months Ended
Sep. 30, 2023
Inventory Disclosure [Abstract]  
Inventories Inventories
 
Inventories are stated at the lower of cost or net realizable value. Net inventories consist of the following:
(in thousands)
September 30, 2023December 31, 2022
Finished goods$333,318 $312,726 
Work in process29,844 22,273 
Raw materials8,586 17,554 
Inventories, net$371,748 $352,553 
 
Inventory obsolescence reserves were $8.3 million at September 30, 2023 and $13.2 million at December 31, 2022.