Inventories

12 Months Ended

Dec. 31, 2022

Inventories

Inventories

Note 5 — Inventories

Inventories are stated at the lower of cost or net realizable value, with cost determined on a first-in, first-out basis. Inventories consist of the following:

	December 31,		December 31,
	2022		2021
	(in thousands)
Materials	$	134,940	$	96,027
Work-in-process		68,765		54,128
Finished goods		3,203		20,703
Total	$	206,908	$	170,858