Inventories, Net

12 Months Ended

Dec. 26, 2020

Inventory Disclosure [Abstract]

Inventories, Net

INVENTORIES, NET

Inventories are summarized as follows:

	2020		2019
Raw materials	$	31,167	$	32,377
Work-in-process	13,305		18,642
Finished goods	59,271		64,978
Supplies and other	167		260
LIFO reserve	(18,511)		(20,748)
Inventories, net	$	85,399	$	95,509

Reduction of inventory quantities in 2020 resulted in liquidations of LIFO inventories carried at prevailing costs established in prior years and decreased cost of sales by $559 in 2020.

In March 2019, the Company incurred an 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 2019 which resulted in liquidations of LIFO inventories carried at prevailing costs established in prior years and reduced cost of sales by $281.