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Property, Plant and Equipment and Inventory
 9 Months Ended
Sep. 30, 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 September 30, 2023 and December 31, 2022 (in thousands):
September 30, 2023December 31, 2022
Machinery and equipment$238,720 $225,027 
Furniture, fixtures and other73,091 66,445 
Leasehold improvements95,854 75,318 
Buildings and land13,535 13,386 
Construction in process17,539 18,091 
438,739 398,267 
Less: accumulated depreciation(235,227)(199,742)
Total$203,512 $198,525 
Depreciation expense was $12.7 million and $37.3 million for the three and nine months ended September 30, 2023, respectively and $10.8 million and $31.1 million for the three and nine months ended September 30, 2022, respectively.
Inventory
Inventory is comprised of the following at September 30, 2023 and December 31, 2022 (in thousands):
September 30, 2023December 31, 2022
Raw materials $101,002 $104,735 
Work-in-process30,805 30,158 
Finished goods699,606 621,854 
Less: obsolescence reserve(29,526)(28,664)
Total$801,887 $728,083