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Inventories
3 Months Ended
Aug. 02, 2020
Inventory Disclosure [Abstract]  
Inventories

6. Inventories

Inventories are carried at the lower of cost or net realizable value. Cost is determined using the FIFO (first-in, first-out) method.

A summary of inventories follows:

 

(dollars in thousands)

 

August 2, 2020

 

 

August 4, 2019

 

 

May 3, 2020

 

Raw materials

 

$

7,742

 

 

$

6,467

 

 

$

7,823

 

Work-in-process

 

 

2,292

 

 

 

2,677

 

 

 

1,958

 

Finished goods

 

 

30,368

 

 

 

41,516

 

 

 

38,126

 

 

 

$

40,402

 

 

$

50,660

 

(1)

$

47,907

 

 

 

(1)

As of August 4, 2019, inventory totaled $50.7 million, of which $47.6 million and $3.1 million were classified as inventory and within current assets – discontinued operation, respectively, in the accompanying Consolidated Balance Sheet.