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Summary of Significant Accounting Policies (Tables) | 9 Months Ended
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Sep. 30, 2023
Summary of Significant Accounting Policies [Abstract] |
Inventories | Inventories consist of the following (U.S. dollars in thousands):
|  | September 30, 2023 |  |  | December 31, 2022 |
Raw materials |  | $ | 159,807 |  |  | $ | 163,797 |
Finished goods |  |  | 131,296 |  |  |  | 182,386 |
Total Inventory, net |  | $ | 291,103 |  |  | $ | 346,183 |
Inventory Reserves | Reserves of inventories consist of the following (U.S. dollars in thousands):
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
Beginning balance |  | $ | 41,017 |  |  | $ | 20,211 |  |  | $ | 37,267 |  |  | $ | 18,643 |
Additions(1) |  |  | 68,563 |  |  |  | 26,985 |  |  |  | 83,642 |  |  |  | 37,862 |
Disposals |  |  | (7,347) |  |  |  | (7,306) |  |  |  | (18,676) |  |  |  | (16,615) |
Ending Balance |  | $ | 102,233 |  |  | $ | 39,890 |  |  | $ | 102,233 |  |  | $ | 39,890 |
(1) | During the third quarter of 2023, the Company made the strategic decision to re-balance and narrow their product portfolio, which resulted in an incremental adjustment to the inventory carrying value. This resulted in an incremental reserve of $65.7 million. During the third quarter of 2022, the Company reserved an incremental $26.9 million of inventory.

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