Inventories

3 Months Ended

Mar. 31, 2024

Inventory Disclosure [Abstract]

Inventories

Inventories

Inventories are comprised of the following:

	As of March 31, 2024		As of December 31, 2023
(in thousands)
Raw materials	$	44,224	$	44,935
Finished goods	267,285		286,988
Total inventories	$	311,509	$	331,923
Less: reserves	$	(55,021)	$	(54,416)
Total inventories, net	$	256,488	$	277,507
Inventories current	$	225,367	$	244,469
Inventories non-current (included in other assets)	$	31,121	$	33,038

The Company’s recorded inventory reserves as of March 31, 2024 consisted of $5.1 million related to excess connected machine inventory, $46.4 million related to excess accessories and materials inventory, and $3.5 million related to raw material components. Amounts charged to the reserve account are recorded primarily in cost of revenues.