Inventories

9 Months Ended

Sep. 30, 2025

Inventory Disclosure [Abstract]

Inventories

NOTE 6 - INVENTORIES

Inventory by major classification as of September 30, 2025 and December 31, 2024 was as follows:

	September 30, 2025		December 31, 2024
Raw materials	$	29,581	$	34,339
Work in process		27,954		34,449
Finished goods		66,623		76,948
Inventories, net	$	124,158	$	145,736

Service wheel and supplies inventory are included in other noncurrent assets and were $4.6 million and $7.7 million at September 30, 2025 and December 31, 2024.

During the three and nine months ended September 30, 2025, the Company recognized a non-cash charge of $1.8 million and $13.9 million to write-down inventory to its net realizable value related to certain customers resourcing to other suppliers.