Inventories

6 Months Ended

Mar. 31, 2023

Inventory Disclosure [Abstract]

Inventories

4. INVENTORIES

Inventories are valued at the lower of cost or net realizable value, and are reduced for slow-moving and obsolete inventory. The inventories cost is recorded at standard cost, which approximates actual cost, on a first-in first-out (“FIFO”) basis. Inventories consisted of the following (in thousands):

in thousands	March 31, 2023		September 30, 2022
Raw materials	$	61,049	$	72,464
Work in process		39,027		39,829
Finished goods		150,949		187,612
Total inventories	$	251,025	$	299,905