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Note 5 - Inventories

12 Months Ended

Dec. 29, 2013

INVENTORIES

Inventories are summarized as follows:

	2013		2012
	(in thousands)
Finished goods	$	96,199	$	87,094
Work-in-process		9,569		7,030
Raw materials		43,875		47,052

	$	149,643	$	141,176

Reserves for inventory obsolescence amounted to $13.4 million and $12.9 million as of December 29, 2013, and December 30, 2012, respectively, and have been netted against amounts presented above.

- Definition

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

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