Inventories, net

6 Months Ended

Jun. 30, 2023

Inventory Disclosure [Abstract]

Inventories, net

6. Inventories, net

Inventories consist of the following:

	June 30,			December 31,
	2023			2022
	(In thousands)
Raw materials and supplies	$	30,954		$	29,995
Work in progress		35,328			41,700
Finished goods		170,140			150,170
		236,422			221,865
Less: reserve for slow moving and excess inventory		(71,899	)		(75,861	)
Total inventory	$	164,523		$	146,004

As of June 30, 2023, inventory values of raw materials, work in progress and finished goods have been reduced by approximately $8.2 million, $2.9 million and $60.8 million, respectively, by a reserve for slow moving and excess inventory, and as of December 31, 2022 inventory values of raw materials, work in progress and finished goods have been reduced by approximately $8.1 million, $3.4 million and $64.4 million, respectively by a reserve for slow moving and excess inventory.