Note 8 - Balance Sheet Details

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Supplemental Balance Sheet Disclosures [Text Block]

8. Balance Sheet Details

Inventories consist of the following:

	December 31,
	2019		2018
Raw material	$	328,021	$	348,980
Work-in-process		10,387		6,971
Finished goods		183,616		188,799
Total	$	522,024	$	544,750

As of December 31, 2019 and 2018, inventories totaling $18,684 and $8,488, respectively, were on consignment at customer locations.

Property and equipment consists of the following:

	December 31,
	2019			2018
Land and improvements	$	18,252		$	15,975
Buildings and improvements		177,079			163,161
Machinery and equipment		117,114			103,726
Dies and tools		22,040			28,198
Vehicles		3,955			2,070
Office equipment and systems		99,124			82,638
Leasehold improvements		4,293			2,137
Construction in progress		36,299			26,543
Gross property and equipment		478,156			424,448
Accumulated depreciation		(161,180	)		(145,519	)
Total	$	316,976		$	278,929

Total property and equipment included finance leases of $20,158 at December 31, 2018, primarily made up of buildings and improvements. Amortization of finance lease right of use assets is recorded within depreciation expense in the consolidated statements of comprehensive income. The initial measurement of new finance lease right of use assets is accounted for as a non-cash item in the consolidated statement of cash flows. Refer to Note 10, “Leases,” for further information regarding the Company’s accounting for leases under ASC 842, Leases, in 2019.