INVENTORIES

12 Months Ended

Dec. 31, 2024

INVENTORIES

INVENTORIES

NOTE 9.           INVENTORIES

We value inventories at the lower of cost or net realizable value, computed on a first-in, first-out basis. Components of inventories were as follows:

	December 31,
	2024		2023
	(in thousands)
Parts and raw materials	$	255,100	$	249,698
Work in process		20,581		14,595
Finished goods		84,730		71,844
Total	$	360,411	$	336,137