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Inventories, Net
12 Months Ended
Dec. 31, 2023
Inventory Disclosure [Abstract]  
Inventories, Net Inventories, Net
Inventories are used in the manufacture and service of Restaurant/Retail hardware products. The components of inventory, net consist of the following:

December 31,
(in thousands)20232022
Finished goods$13,564 $21,998 
Work in process216 383 
Component parts9,147 13,749 
Service parts667 1,464 
Inventories, net$23,594 $37,594 

At December 31, 2023 and 2022, the Company had excess and obsolescence reserves of $9.0 million and $10.9 million, respectively, against inventories.