v3.26.1
Inventory
3 Months Ended
Mar. 31, 2026
Inventory Disclosure [Abstract]  
Inventory

NOTE 5. INVENTORY

A summary of inventories as of March 31, 2026 and December 31, 2025 is as follows:

(in thousands)

 

March 31,
2026

 

 

December 31,
2025

 

Raw materials

 

$

23,410

 

 

$

23,252

 

Work in progress

 

 

13,995

 

 

 

20,224

 

Finished goods

 

 

215,582

 

 

 

204,957

 

Inventory, net

 

$

252,987

 

 

$

248,433

 

All amounts in the table above are reported net of obsolescence reserves of $114.1 million and $104.0 million as of March 31, 2026 and December 31, 2025, respectively.