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INVENTORY
12 Months Ended
Dec. 31, 2022
Inventory Disclosure [Abstract]  
INVENTORY
5.
INVENTORY:

Inventory consisted of the following (in thousands):

 

 

 

December 31,

 

 

 

2022

 

 

2021

 

Raw materials

 

$

115,448

 

 

$

75,227

 

Work-in-process

 

 

7,626

 

 

 

16,065

 

Finished goods

 

 

60,146

 

 

 

42,868

 

Inventory

 

$

183,220

 

 

$

134,160

 

 

The Company recorded an increase in inventory reserve of $3.6 million, $3.6 million and $1.1 million for the years ended December 31, 2022, 2021 and 2020, respectively, due to excess inventory levels in certain products.