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Inventories (Tables)
9 Months Ended
Sep. 29, 2024
Composition of Inventories, Net

Inventories, net consisted of the following at September 29, 2024, and December 31, 2023:

 

 

 

September 29,
2024

 

 

December 31,
2023

 

 

 

(in thousands)

 

Raw material

 

$

216,019

 

 

$

258,422

 

Work-in-process

 

 

48,249

 

 

 

26,851

 

Finished goods

 

 

33,072

 

 

 

24,701

 

Total inventories, net (1)

 

$

297,340

 

 

$

309,974

 

 

(1)
Inventories, net at December 31, 2023, exclude $18.0 million of primarily work-in-process inventories, net classified as assets held for sale. See Note E: "Dispositions" for additional information.