Inventories, Net

9 Months Ended

Sep. 30, 2021

Inventory Disclosure [Abstract]

Inventories, Net

NOTE 5: INVENTORIES, NET

Inventories are used in the manufacture and service of Restaurant/Retail products. The components of inventory, net of reserves, consisted of the following:

(in thousands)	September 30, 2021		December 31, 2020
Finished goods	$	18,379	$	12,747
Work in process	527		16
Component parts	12,534		6,105
Service parts	2,548		2,770
Inventories, net	$	33,988	$	21,638

At September 30, 2021 and December 31, 2020, the Company had excess and obsolescence reserves of $11.9 million and $12.0 million, respectively, against inventories.