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Inventories, Net
 12 Months Ended
Dec. 31, 2024
Inventory Disclosure [Abstract]  
Inventories, Net Inventories, Net
December 31,
20242023
(In thousands)
Raw materials$151,248 $156,583 
Work in process41,698 43,561 
Finished goods251,994 244,580 
444,940 444,724 
LIFO reserve— (4,279)
Less: allowance for excess, slow-moving and obsolete inventory(41,229)(47,587)
$403,711 $392,858 

At December 31, 2023, approximately 27.4% of total inventories were valued using the LIFO method. During 2024, the Company changed its costing methodology to only using FIFO method, as the Company believes FIFO is preferable given it provides a more consistent method for valuing inventory across the Company, better matches costs with revenues, improves comparability with peers and better reflects the current value of inventory at the balance sheet date. Therefore, the Company recorded the pre-tax cumulative benefit related to this change in accounting principle of $4.3 million as a reduction of Cost of sales for the year ended December 31, 2024. Refer to Note 2, “Summary of Significant Accounting Policies” for further information regarding this change in accounting policy.