XML 25 R16.htm IDEA: XBRL DOCUMENT v3.19.1
Inventory
3 Months Ended
Mar. 31, 2019
Inventory Disclosure [Abstract]  
Inventory

9. INVENTORY

At March 31, 2019 and December 31, 2018, inventory consisted of the following:

 

 

 

March 31,

 

 

December 31,

 

(In thousands)

 

2019

 

 

2018

 

Raw materials

 

$

40,841

 

 

$

45,333

 

Work in process

 

 

1,513

 

 

 

1,638

 

Finished goods

 

 

51,255

 

 

 

52,877

 

Total

 

$

93,609

 

 

$

99,848

 

 

We establish reserves for estimated excess, obsolete, or unmarketable inventory equal to the difference between the cost of the inventory and the estimated fair value of the inventory based upon assumptions about future demand and market conditions. At March 31, 2019 and December 31, 2018, raw materials reserves totaled $17.1 million and $17.6 million, respectively, and finished goods inventory reserves totaled $12.8 million and $12.4 million, respectively.