Note 7 - Inventories |
6 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2023 | ||||||||||||||||||||||||||||||||||||||||||||||
| Notes to Financial Statements | ||||||||||||||||||||||||||||||||||||||||||||||
| Inventory Disclosure [Text Block] |
Note 7. Inventories Inventories, net of inventory write-downs, consist of the following for the periods indicated (in thousands):
For the three months ended June 30, 2023 and 2022, the inventory reserve adjustment expensed for inventory was $2.4 million, and $0.4 million, respectively. For the six months ended June 30, 2023 and 2022, the inventory reserve adjustment expensed for inventory was $5.0 million, and $2.4 million, respectively.
For the three months ended June 30, 2023 and 2022, the direct inventory write-offs related to scrap, discontinued products, and damaged inventories were $3.1 million and $1.8 million, respectively. For the six months ended June 30, 2023 and 2022, the direct inventory write-offs related to scrap, discontinued products, and damaged inventories were $6.9 million and $2.7 million, respectively.
|
|||||||||||||||||||||||||||||||||||||||||||||