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Property, Plant and Equipment and Inventory
 6 Months Ended
Jun. 30, 2024
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 June 30, 2024 and December 31, 2023 (in thousands):
June 30, 2024December 31, 2023
Machinery and equipment$230,420 $238,168 
Furniture, fixtures and other70,085 67,652 
Leasehold improvements97,973 95,530 
Buildings and land10,969 12,816 
Construction in process12,605 15,197 
422,052 429,363 
Less: accumulated depreciation(241,124)(236,801)
Total$180,928 $192,562 
Depreciation expense was $10.5 million and $21.4 million for the three and six months ended June 30, 2024, respectively and $12.1 million and $23.3 million for the three and six months ended June 30, 2023, respectively.
Inventory
Inventory is comprised of the following at June 30, 2024 and December 31, 2023 (in thousands):
June 30, 2024December 31, 2023
Raw materials $80,763 $97,209 
Work-in-process25,652 25,516 
Finished goods761,145 646,406 
Less: obsolescence reserve(23,926)(28,744)
Total$843,634 $740,387