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INVENTORY
12 Months Ended
Dec. 31, 2025
Inventory Disclosure [Abstract]  
INVENTORY INVENTORY
The components of inventory are as follows:
December 31,
(in thousands)20252024
Materials and supplies$10,921 $12,239 
Work in process34,530 39,602 
Finished goods39,256 37,711 
Total$84,707 $89,552 
Total compensation expense capitalized to inventory was $72,128, $76,391, and $72,090 during 2025, 2024, and 2023, respectively. At December 31, 2025 and 2024, $15,706 and $14,152, respectively, of compensation expense remained capitalized as part of inventory. The Company recognized, as a component of cost of goods sold, total write-downs related to net realizable value adjustments, expired products, and obsolete packaging totaling $15,862, $2,859, and $16,350 during 2025, 2024, and 2023, respectively. These amounts are included within “Other” on the Consolidated Statements of Cash Flows.