Quarterly report pursuant to Section 13 or 15(d)

Inventories

v3.23.1
Inventories
3 Months Ended
Apr. 01, 2023
Inventory Disclosure [Abstract]  
Inventories Inventories
Inventories are stated at the lower of cost or net realizable value utilizing the first-in, first-out (FIFO) method. The major components of inventories as of April 1, 2023 and December 31, 2022 are as follows:
April 1, December 31,
2023 2022
Raw materials
$ 48,772  $ 49,788 
Work-in-process 534  1,566 
Finished goods
15,463  16,323 
Inventory, net $ 64,769  $ 67,677 
The Company has recorded a reserve for inventory obsolescence as of April 1, 2023 and December 31, 2022, of approximately $2,342 and $2,034, respectively.