v3.26.1
INVENTORY
6 Months Ended
Jun. 30, 2026
Inventory Disclosure [Abstract]  
INVENTORY INVENTORY
The components of inventory are as follows:
(in thousands)June 30, 2026December 31, 2025
Materials and supplies$11,856 $10,921 
Work in process36,684 34,530 
Finished goods33,725 39,256 
Total$82,265 $84,707 
Total compensation expense capitalized to inventory was $18,017 and $17,597 during the three months ended June 30, 2026 and 2025, respectively, and $36,908 and $35,089 during the six months ended June 30, 2026 and 2025, respectively. At June 30, 2026 and December 31, 2025, $14,482 and $15,706, respectively, of compensation expense remained capitalized as part of inventory. The Company recognized, as a component of cost of goods sold, total write-downs related to net realizable value adjustments, expired products, and obsolete packaging totaling $1,566 and $5,142 during the three months ended June 30, 2026 and 2025, respectively, and $2,210 and $6,916 during the six months ended June 30, 2026 and 2025, respectively. These amounts are included within “Other” on the unaudited Condensed Consolidated Statements of Cash Flows.