Note 10: Inventories

Inventories are stated at the lower of cost (first-in, first-out method) or market. System shipments to Japanese customers, for which title does not transfer until customer acceptance, are classified as finished goods inventory and carried at cost until title transfers. Inventories consist of the following:


	June 28, 2015		June 29, 2014
	(in thousands)
Raw materials	$	566,645	$	449,623
Work-in-process		141,264		126,564
Finished goods		235,437		164,316

	$	943,346	$	740,503