Inventories

3 Months Ended

Jun. 28, 2015

Inventory Disclosure [Abstract]

Inventories

Inventories

Inventories at June 28, 2015 and March 29, 2015 consist of the following:

	June 28, 2015			March 29, 2015
(In thousands)
Inventory (FIFO basis)	$	44,645		$	42,567
LIFO reserve	(5,561		)	(5,539		)
Net inventory	$	39,084		$	37,028

The first in, first out (“FIFO”) value of inventories accounted for under the last in, first out (“LIFO”) method was $41.4 million at June 28, 2015 and $39.0 million at March 29, 2015. The remainder of the inventory was valued and accounted for under the FIFO method.

The LIFO reserve changed nominally during the three months ended June 28, 2015, and increased$0.5 million during the three months ended June 29, 2014. The valuation of LIFO inventory for interim periods is based on our estimates of year-end inventory levels and costs.