v3.26.3
Inventory (Tables)
9 Months Ended
Sep. 30, 2026
Inventory Disclosure [Abstract]  
Schedule of Inventories

Inventory is stated at the lower of cost and net realizable value. Cost is determined using the first-in, first-out method. Inventory consists of the following:

 

 

 

September 30,

 

 

December 31,

 

(In thousands)

 

2026

 

 

2025

 

Raw materials

 

$

66,488

 

 

$

68,387

 

Work in process

 

 

115,403

 

 

 

90,498

 

Finished goods(1)

 

 

79,207

 

 

 

37,740

 

Total inventory

 

$

261,098

 

 

$

196,625

 

 

(1)
At September 30, 2026 and December 31, 2025, the Company had $46.0 million and $31.7 million, respectively, of finished goods inventory located at its third-party warehouse and shipping service provider.