v3.25.2
Inventories
 6 Months Ended
Jun. 30, 2025
Inventory Disclosure [Abstract]  
Inventories Inventories
Inventories are valued at the lower of cost or net realizable value. Cost is determined by the first-in, first-out (“FIFO”) method. We establish an allowance for excess and obsolete inventories based on product line changes, the feasibility of substituting parts and the need for supply and replacement parts.
The components of inventories and related changes in the allowance for excess and obsolete inventories account are as follows:
 June 30,
2025		December 31,
2024
 (in thousands)
Raw materials$239,564 $192,136 
Work in process4 20 
Finished goods892 456 
Total, gross
240,460 192,612 
Less:  Allowance for excess and obsolete inventories5,480 5,192 
Total, net
$234,980 $187,420 
  Three Months EndedSix Months Ended
 June 30,
2025		June 30,
2024		June 30,
2025		June 30,
2024
Allowance for excess and obsolete inventories:(in thousands)
Balance, beginning of period$5,249 $6,741 $5,192 $6,160 
Provision for excess and obsolete inventories234 968 632 1,928 
Inventories written off(3)(908)(344)(1,287)
Balance, end of period$5,480 $6,801 $5,480 $6,801