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Inventories
3 Months Ended
Nov. 26, 2016
Inventory Disclosure [Abstract]  
Inventories
Inventories
Inventories consist of the following:
(In thousands)
 
November 26,
2016
 
August 27,
2016
Finished goods
 
$
41,175

 
$
19,129

Work-in-process
 
76,569

 
76,350

Raw materials
 
71,698

 
60,740

Total
 
189,442

 
156,219

LIFO reserve
 
(33,996
)
 
(33,697
)
Total inventories
 
$
155,446

 
$
122,522


The above value of inventories, before reduction for the LIFO reserve, approximates replacement cost at the respective dates. Of the $189.4 million and $156.2 million inventory at November 26, 2016 and August 27, 2016, respectively, $165.6 million and $149.4 million is valued on a LIFO basis; the remaining inventories of $23.8 million and $6.8 million at November 26, 2016 and August 27, 2016, respectively, are valued on a FIFO basis.