Inventories

Inventories at April 3, 2016 and March 29, 2015 consisted of the following:



	2016			2015
(In thousands)
Inventory (FIFO basis)	$	51,857		$	42,567
LIFO reserve	(4,138		)	(5,539		)
Net inventory	$	47,719		$	37,028

The FIFO value of inventories accounted for under the LIFO method was $36.5 million at April 3, 2016 and $39.0 million at March 29, 2015. The remainder of the inventory was valued and accounted for under the FIFO method.

We decreased the LIFO reserve by $1.4 million in fiscal 2016 due primarily to lower levels of certain inventory on hand at the end of the year, as well as lower commodity costs as compared to the previous year, and increased the reserve $0.4 million in fiscal 2015 due primarily to higher levels of inventory at the end of that year.