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Inventory
12 Months Ended
Dec. 31, 2019
Inventory Disclosure [Abstract]  
Inventory

Note 7 – Inventory

As of December 31, 2019 and 2018, inventory was comprised of the following:

 

(In thousands)

 

2019

 

 

2018

 

Raw materials

 

$

36,987

 

 

$

45,333

 

Work in process

 

 

1,085

 

 

 

1,638

 

Finished goods

 

 

60,233

 

 

 

52,877

 

Total Inventory, net

 

$

98,305

 

 

$

99,848

 

 

Inventory reserves are established for estimated excess and obsolete inventory equal to the difference between the cost of the inventory and the estimated net realizable value of the inventory based on estimated reserve percentages, which consider historical usage, known trends, inventory age and market conditions. As of December 31, 2019 and 2018, our inventory reserve was $34.1 million and $30.0 million, respectively.