Inventories

3 Months Ended

Mar. 31, 2020

Inventory, Net [Abstract]

Inventories

INVENTORIES

Inventories are stated at the lower of cost (first-in, first-out) or net realizable value. Net realizable value is the estimated selling price in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation. The components of inventories were as follows:

(in thousands)	March 31, 2020		December 31, 2019
Raw materials	$	42,290	$	41,202
Work-in-process	20,970		20,077
Finished goods	148,384		133,740
Inventories	$	211,644	$	195,019