INVENTORIES |
3 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| INVENTORIES [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Inventories | NOTE 7. INVENTORIES
Inventories included the following as of March 31, 2025 and December 31, 2024, respectively:
During the three months ended March 31, 2025 and 2024, net adjustments to cost of sales related to excess and obsolete inventory were $6.0 million and $3.9 million, respectively. The net adjustments for the three months ended March 31, 2025 and 2024 reflect a combination of additional expense for excess and obsolete related provisions ($10.2 million and $5.2 million, respectively) offset by sales and disposals ($4.2 million and $1.3 million, respectively) of inventory for which an excess and obsolete provision was provided previously through expense recognized in prior periods. |
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