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Inventory
3 Months Ended
Mar. 31, 2026
Inventory Disclosure [Abstract]  
Inventory

6. INVENTORY

As of March 31, 2026 and December 31, 2025, inventory, net was comprised of the following:

 

 

As of

 

 

As of

 

(In thousands)

 

March 31, 2026

 

 

December 31, 2025

 

Raw materials

 

$

80,069

 

 

$

78,230

 

Work in process

 

 

12,867

 

 

 

12,801

 

Finished goods

 

 

116,067

 

 

 

124,705

 

Total inventory, net

 

$

209,003

 

 

$

215,736

 

Inventory reserves are established for estimated excess and obsolete inventory equal to the difference between the cost of the inventory and the estimated net realizable value of the inventory based on estimated reserve percentages, which considers historical usage, known trends, inventory age and market conditions.