v3.26.1
Note 7 - Inventories
6 Months Ended
Jun. 30, 2026
Notes to Financial Statements  
Inventory Disclosure [Text Block]

Note 7.  Inventories

Inventories, net consist of the following for the periods indicated (in thousands):​

 

  

June 30, 2026

  

December 31, 2025

 

Raw materials

 $164,768  $85,740 

Work in process and sub-assemblies

  116,690   95,538 

Finished goods

  15,294   18,822 

Allowance for inventory

  (17,961)  (16,995)

Total inventories

 $278,791  $183,105 

 

For the three months ended June 30, 2026 and 2025, the inventory reserve adjustment expensed for inventory was $(1.3) million and $1.9 million, respectively. For the six months ended June 30, 2026 and 2025, the inventory reserve adjustment expensed for inventory was $1.1 million and $3.7 million, respectively. 

 

For the three months ended June 30, 2026 and 2025, the direct inventory write-offs related to scrap, discontinued products and damaged inventories were $3.6 million and $0.9 million, respectively. For the six months ended June 30, 2026 and 2025, the direct inventory write-offs related to scrap, discontinued products and damaged inventories were $6.0 million and $2.0 million, respectively.