XML 61 R29.htm IDEA: XBRL DOCUMENT v3.19.3
Inventories, Net and Significant Suppliers (Tables)
9 Months Ended
Sep. 30, 2019
Inventory Disclosure [Abstract]  
Inventories, Net
Inventories, net were as follows:
(In thousands)
September 30, 2019
 
December 31, 2018
Raw materials
$
59,412

 
$
68,834

Components
21,557

 
25,071

Work in process
5,757

 
5,577

Finished goods
60,306

 
50,006

Reserve for excess and obsolete inventory
(9,510
)
 
(5,138
)
Inventories, net
$
137,522

 
$
144,350

Changes in Reserve for Excess and Obsolete Inventory
Changes in the reserve for excess and obsolete inventory were as follows:
(In thousands)
Nine Months Ended September 30,
2019
 
2018
Balance at beginning of period
$
5,138

 
$
4,288

Additions charged to costs and expenses (1)
7,430

 
5,353

Sell through (2)
(1,220
)
 
(1,240
)
(Write-offs)/Foreign exchange effects
(1,838
)
 
(1,118
)
Balance at end of period
$
9,510

 
$
7,283


(1)
The additions charged to costs and expenses do not include inventory directly written-off that was scrapped during production totaling $3.8 million and $1.1 million for the nine months ended September 30, 2019 and 2018, respectively. These amounts are production waste and manufacturing inefficiencies and are not included in management's reserve for excess and obsolete inventory.
(2)
These amounts represent the reduction in reserves associated with inventory items that were sold during the period.