Inventories

12 Months Ended

Aug. 25, 2018

Inventory Disclosure [Abstract]

Inventories

Inventories

Inventories consist of the following:

(In thousands)	August 25, 2018			August 26, 2017
Finished goods	$	26,513		$	16,947
Work-in-process	68,339			60,818
Raw materials	139,039			99,919
Total	233,891			177,684
LIFO reserve	(38,763		)	(35,419		)
Total inventories	$	195,128		$	142,265

The above value of inventories, before reduction for the LIFO reserve, approximates replacement cost at the respective dates. Of the $233.9 million and $177.7 million of inventory at August 25, 2018 and August 26, 2017, respectively, $176.2 million and $149.8 million is valued on a LIFO basis. The remaining inventories of $57.7 million and $27.9 million at August 25, 2018 and August 26, 2017, respectively, are valued on a FIFO basis.