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Inventories
3 Months Ended
Jul. 02, 2011
Inventories (Note 3):  
Inventory Disclosure Text Block

3.       The Company implemented the Last-In, First-Out (“LIFO”) inventory valuation method during fiscal 2008. First-In, First-Out (“FIFO”) based inventory costs exceeded LIFO based inventory costs by $96.4 million as of the end of the first quarter of fiscal 2012 as compared to $93.6 million as of the end of the first quarter of fiscal 2011. The LIFO Reserve increased by $6,527,000 in the first three months of fiscal 2012 compared to a decrease of $4,132,000 in the first three months of fiscal 2011. This reflects the projected impact of increased inflationary cost increases expected in fiscal 2012 versus fiscal 2011.