Inventories

12 Months Ended

Dec. 31, 2019

Inventory Disclosure [Abstract]

Inventories

INVENTORIES

Inventories, net consisted of the following:

	December 31,
	2019			2018
	(Amounts in thousands)
Raw materials	$	328,080		$	310,204
Work in process	192,993			191,660
Finished goods	218,408			205,814
Less: Excess and obsolete reserve	(78,644		)	(73,807		)
Inventories, net	$	660,837		$	633,871

During 2019, 2018 and 2017, we recognized expenses of $17.1 million, $16.2 million and $22.9 million, respectively, for excess and obsolete inventory. These expenses are included in COS in our consolidated statements of income.