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Inventories

12 Months Ended

Dec. 30, 2022

Inventory, Net [Abstract]

Inventories

Inventories

Major components of inventories were as follows (in thousands):

			2022						2021
Finished products and components			$	222,326					$	166,922
Products and components in various stages of completion			138,957						117,063
Raw materials and purchased components			248,636						185,291
Subtotal			609,919						469,276
Reduction to LIFO cost			(133,129)						(86,975)
Total			$	476,790					$	382,301

Inventories valued under the LIFO method were $253.6 million in 2022 and $211.1 million in 2021. All other inventory was valued on the FIFO method.

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- Definition

The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 330
-URI http://asc.fasb.org/topic&trid=2126998

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- References

No definition available.

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