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Inventories
3 Months Ended
Mar. 31, 2023
Inventory Disclosure [Abstract]  
Inventories Inventories
 
Inventories are stated at the lower of cost or net realizable value. Net inventories consist of the following:
(in thousands)
March 31, 2023December 31, 2022
Finished goods$320,071 $312,726 
Work in process32,912 22,273 
Raw materials9,610 17,554 
Inventories, net$362,593 $352,553 
 
Inventory obsolescence reserves were $11.4 million at March 31, 2023 and $13.2 million at December 31, 2022.