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Inventory, Property, Plant and Equipment

12 Months Ended

Dec. 31, 2024

Property, Plant and Equipment [Abstract]

Inventory, Property, Plant and Equipment

Inventory and Property, Plant, and Equipment


Inventory	December 31,
(in thousands)	2024		2023		2022
	(As Restated)		(As Restated)		(As Restated)
Raw materials and supplies	$	80,145	$	89,504	$	100,469
Work-in-process	19,672		24,827		26,960
Finished goods	515,242		443,908		465,872
	615,059		558,239		593,301
Less: obsolescence reserve	(43,811)		(35,730)		(31,851)
Total	$	571,248	$	522,509	$	561,450


Property, plant and equipment	December 31,
(in thousands)	2024		2023		2022
Machinery and equipment	$	269,367	$	233,970	$	215,011
Office furniture, computers and software	72,721		66,244		58,461
Leasehold improvements	120,046		95,262		70,267
Buildings and land	11,375		12,816		12,629
Construction in process	24,807		15,197		17,654
	498,316		423,489		374,022
Less: accumulated depreciation	(253,570)		(232,206)		(190,625)
Total	$	244,746	$	191,283	183,397

Depreciation expense was approximately $43.9 million, $46.0 million and $39.5 million for the years ended December 31, 2024, 2023 and 2022, respectively.