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Property, Plant and Equipment and Inventory
 9 Months Ended
Sep. 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 September 30, 2024 and December 31, 2023 (in thousands):
September 30, 2024December 31, 2023
Machinery and equipment$238,105 $238,168 
Furniture, fixtures and other71,495 67,652 
Leasehold improvements102,378 95,530 
Buildings and land11,216 12,816 
Construction in process15,696 15,197 
438,890 429,363 
Less: accumulated depreciation(252,335)(236,801)
Total$186,555 $192,562 
Depreciation expense was $10.4 million and $31.8 million for the three and nine months ended September 30, 2024, respectively and $12.0 million and $35.3 million for the three and nine months ended September 30, 2023, respectively.
Inventory
Inventory is comprised of the following at September 30, 2024 and December 31, 2023 (in thousands):
September 30, 2024December 31, 2023
Raw materials $115,964 $97,209 
Work-in-process66,557 25,516 
Finished goods778,777 646,406 
Less: obsolescence reserve(21,937)(28,744)
Total$939,361 $740,387