v3.26.1
Inventories
3 Months Ended
Mar. 31, 2026
Inventory Disclosure [Abstract]  
Inventories INVENTORIES
Inventories are stated at the lower of cost (first-in, first-out (FIFO) method) or net realizable value. Cost includes material, labor, and overhead. Inventories consisted of the following at:
 March 31,December 31,
(In thousands)20262025
Raw materials$509,348 $494,701 
Work in process43,860 42,883 
Finished goods281,245 271,510 
Inventories, net$834,453 $809,094 
At March 31, 2026 and December 31, 2025, the Company had recorded inventory obsolescence reserves of $81.3 million and $80.4 million, respectively.