Inventories

9 Months Ended

Sep. 28, 2019

Inventory Disclosure [Abstract]

Inventories

4. Inventories

Inventories are stated at the lower of average cost or market and consist of the following:

	September 28, 2019		December 29, 2018
	(In thousands)
Raw materials	$	15,700	$	16,354
Work-in-progress		11,843		9,134
Finished goods		2,308		5,109
	$	29,851	$	30,597

Finished goods inventory at September 28, 2019 included one system under evaluation at a customer’s factory. Finished goods inventory at December 29, 2018 included three completed systems at Intevac’s factory that were subsequently shipped to the customer in January 2019.