Inventories

6 Months Ended

Jun. 30, 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:

	June 30,		December 31,
(In thousands)	2025		2024
Raw materials	$	430,797	$	427,585
Work in process	40,976		44,435
Finished goods	238,515		264,584
Inventories, net	$	710,288	$	736,604

At June 30, 2025 and December 31, 2024, the Company had recorded inventory obsolescence reserves of $81.8 million and $77.7 million, respectively.