Inventories	6 Months Ended
Jul. 02, 2022
Inventory Disclosure [Abstract]
Inventories	InventoriesOur inventories consist almost entirely of finished goods inventory, with an immaterial amount of work-in-process inventory. The cost of all inventories is determined by the moving average cost method. We have included all material charges directly incurred in bringing inventory to its existing condition and location. We evaluate our inventory value at the end of each quarter to ensure that inventory, when viewed by category, is carried at the lower of cost or net realizable value, which also considers items that may be considered damaged, excess, and obsolete inventory. During the second quarter of fiscal 2021, we recorded a lower of cost or net realizable value reserve of $16.7 million resulting from the decrease in the value of our structural lumber inventory related to the decline in wood-based commodity prices as of the end of the period. In addition, during the second quarter of fiscal 2022, we recorded a lower of cost or net realizable value reserve of $9.8 million as of the end of the period, also resulting from the decline in wood-based commodity prices.

Inventories

6 Months Ended

Jul. 02, 2022

InventoriesOur inventories consist almost entirely of finished goods inventory, with an immaterial amount of work-in-process inventory. The cost of all inventories is determined by the moving average cost method. We have included all material charges directly incurred in bringing inventory to its existing condition and location. We evaluate our inventory value at the end of each quarter to ensure that inventory, when viewed by category, is carried at the lower of cost or net realizable value, which also considers items that may be considered damaged, excess, and obsolete inventory. During the second quarter of fiscal 2021, we recorded a lower of cost or net realizable value reserve of $16.7 million resulting from the decrease in the value of our structural lumber inventory related to the decline in wood-based commodity prices as of the end of the period. In addition, during the second quarter of fiscal 2022, we recorded a lower of cost or net realizable value reserve of $9.8 million as of the end of the period, also resulting from the decline in wood-based commodity prices.