Inventories, Net

9 Months Ended

Sep. 28, 2019

Inventory Disclosure [Abstract]

Inventories, Net

INVENTORIES, NET

Inventories are summarized as follows:

	September 28, 2019			December 29, 2018
Raw materials	$	33,909		$	36,875
Work-in-process	17,283			20,274
Finished goods	65,964			67,085
Supplies and other	223			190
LIFO reserve	(18,872		)	(19,229		)
Inventories, net	$	98,507		$	105,195

In the quarter ended March 30, 2019, the Company incurred an interim inventory liquidation due to a consignment agreement with a primary vendor of raw materials. The former inventory levels are not expected to be reinstated. The Company recognized the effect within the quarter which resulted in liquidations of LIFO inventories carried at prevailing costs established in prior years and reduced cost of sales by $281.