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Summary of Significant Accounting Policies (Tables)
9 Months Ended
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.