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Inventories (Tables)
9 Months Ended
Sep. 30, 2023
Inventory Disclosure [Abstract]  
Summary of Inventories
Inventories include the cost of material, freight, direct labor and overhead utilized in the processing of our products and are stated at the lower of cost or net realizable value. Inventories were as follows:
(in thousands)September 30, 2023December 31, 2022
Raw materials$30,570 $34,267 
Bulk product193,470 234,871 
Finished product393,271 478,032 
Packaging materials8,282 8,731 
Total$625,593 $755,901