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Inventory, Property, Plant and Equipment

12 Months Ended

Dec. 31, 2023

Property, Plant and Equipment [Abstract]

Inventory, Property, Plant and Equipment

Inventory and Property, Plant, and Equipment


Inventory	December 31,
(in thousands)	2023		2022
Raw materials and supplies	$	97,209	$	101,812
Work-in-process	25,516		29,979
Finished goods	646,406		576,914
	769,131		708,705
Less: obsolescence reserve	(28,744)		(28,160)
Total	$	740,387	$	680,545


Property, plant and equipment	December 31,
(in thousands)	2023		2022
Machinery and equipment	$	238,168	$	218,959
Office furniture, computers and software	67,652		59,860
Leasehold improvements	95,530		70,330
Buildings and land	12,816		12,629
Construction in process	15,197		17,654
	429,363		379,432
Less: accumulated depreciation	(236,801)		(194,931)
Total	$	192,562	$	184,501

Depreciation expense was approximately $46.5 million, $40.0 million and $35.5 million for the years ended December 31, 2023, 2022 and 2021, respectively.