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Inventories, Net

9 Months Ended

Sep. 27, 2024

Inventory Disclosure [Abstract]

Inventories, Net

Inventories, Net

Inventories, net consisted of the following:

			September 27, 2024						December 31, 2023
			(In thousands)
Raw materials			$	159,119					$	156,583
Work in process			47,852						43,561
Finished goods			264,269						244,580
			471,240						444,724
LIFO reserve			(4,880)						(4,279)
Allowance for excess, slow-moving and obsolete inventory			(43,706)						(47,587)
			$	422,654					$	392,858

At September 27, 2024 and December 31, 2023, 24.0% and 27.4% of total inventories, respectively, were valued using the last-in, first-out (“LIFO”) 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
-Topic 330
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/330/tableOfContent

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