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Inventories
 9 Months Ended
Jan. 01, 2017
Inventory Disclosure [Abstract]  
Inventories
Inventories
Inventories at January 1, 2017 and April 3, 2016 consisted of the following:
 
 
January 1,
2017
 
April 3,
2016
(In thousands)
 
 
Inventory (FIFO basis)
 
$
53,644

 
$
51,857

LIFO reserve
 
(3,388
)
 
(4,138
)
Net inventory
 
$
50,256

 
$
47,719


The FIFO value of inventories accounted for under the LIFO method was $38.3 million at January 1, 2017 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 $0.4 million during the three months ended January 1, 2017 and increased nominally during the three months ended December 27, 2015. During the nine months ended January 1, 2017 the LIFO reserve decreased $0.8 million and increased nominally for the nine months ended December 27, 2015. The valuation of LIFO inventory for interim periods is based on our estimates of year-end inventory levels and costs.