MILLER INDUSTRIES INC TN
For the period ended Dec 31, 2024. Filed Mar 5, 2025.
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FY2024 · Filed Mar 5, 2025
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Inventory
**3.**INVENTORY
Inventories, net of reserves, consisted of the following:
| · · · · · · | ||||
|---|---|---|---|---|
| · · December 31, | ||||
| (in thousands) · 2024 · 2023 | ||||
| Chassis | | $36,930 | | $29,748 |
| Raw materials | | 77,358 | | 89,048 |
| Work in process | | 48,251 | | 47,934 |
| Finished goods | | 23,630 | | 23,077 |
| Total Inventory | | $186,169 | | $189,807 |
For the years ended December 31, 2024 and 2023, inventories presented in the consolidated balance sheets are net of inventory reserves of $5.2 million and $5.6 million, respectively.
The Company did not recognize any impairment of inventory.
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| PART II | ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA |
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