Inventories

3 Months Ended

Mar. 31, 2025

Inventory Disclosure [Abstract]

Inventories

INVENTORIES

Inventories are stated at the lower of cost (first-in, first-out (FIFO) method) or net realizable value. Cost includes material, labor, and overhead. Inventories consisted of the following at:

	March 31,		December 31,
(In thousands)	2025		2024
Raw materials	$	416,312	$	427,585
Work in process	43,253		44,435
Finished goods	257,873		264,584
Inventories, net	$	717,438	$	736,604

At March 31, 2025 and December 31, 2024, the Company had recorded inventory obsolescence reserves of $83.7 million and $77.7 million, respectively.