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Inventories
 3 Months Ended
Jul. 03, 2016
Inventory Disclosure [Abstract]  
Inventories
Inventories
Inventories at July 3, 2016 and April 3, 2016 consisted of the following:
 
 
July 3,
2016
 
April 3,
2016
(In thousands)
 
 
Inventory (FIFO basis)
 
$
51,442

 
$
51,857

LIFO reserve
 
(4,116
)
 
(4,138
)
Net inventory
 
$
47,326

 
$
47,719


The first in, first out (“FIFO”) value of inventories accounted for under the LIFO method was $35.2 million at July 3, 2016 and $36.5 million at April 3, 2016. The remainder of the inventory was valued and accounted for under the FIFO method.

The LIFO reserve decreased nominally during the three months ended July 3, 2016, and increased nominally during the three months ended June 28, 2015. The valuation of LIFO inventory for interim periods is based on our estimates of year-end inventory levels and costs.