Quarterly report pursuant to Section 13 or 15(d)

Inventories

v3.23.2
Inventories
 6 Months Ended
Jul. 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 July 1, 2023 and December 31, 2022 are as follows:
July 1, December 31,
2023 2022
Raw materials
 $ 41,954  $ 49,788 
Work-in-process 581  1,566 
Finished goods
 17,038  16,323 
Inventory, net $ 59,573  $ 67,677 
The Company has recorded a reserve for inventory obsolescence as of July 1, 2023 and December 31, 2022, of approximately $2,872 and $2,034, respectively.