XML 23 R13.htm IDEA: XBRL DOCUMENT v3.23.1
Property, Plant and Equipment and Inventory
3 Months Ended
Mar. 31, 2023
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment and Inventory Property, Plant and Equipment and Inventory
Property, plant and equipment
Property, plant and equipment is comprised of the following at March 31, 2023 and December 31, 2022 (in thousands):
March 31, 2023December 31, 2022
Machinery and equipment$230,445 $225,027 
Furniture, fixtures and other67,288 66,445 
Leasehold improvements80,430 75,318 
Buildings and land13,540 13,386 
Construction in process21,749 18,091 
413,452 398,267 
Less: accumulated depreciation(210,723)(199,742)
Total$202,729 $198,525 
Depreciation expense was $11.8 million and $9.9 million for the three months ended March 31, 2023 and March 31, 2022, respectively.
Inventory
Inventory is comprised of the following at March 31, 2023 and December 31, 2022 (in thousands):
March 31, 2023December 31, 2022
Raw materials $99,944 $104,735 
Work-in-process29,645 30,158 
Finished goods660,523 621,854 
Less: obsolescence reserve(26,083)(28,664)
Total$764,029 $728,083