Inventories

3 Months Ended

Jul. 02, 2017

Inventory Disclosure [Abstract]

Inventories

Inventories

Inventories at July 2, 2017 and April 2, 2017 consisted of the following:

	July 2, 2017			April 2, 2017
(In thousands)
Inventory (FIFO basis)	$	67,524		$	52,735
LIFO reserve	(1,973		)	(1,486		)
Net inventory	$	65,551		$	51,249

The FIFO value of inventories accounted for under the LIFO method was $45.3 million at July 2, 2017 and $37.0 million at April 2, 2017. The remainder of the inventory was valued and accounted for under the FIFO method.

The LIFO reserve increased$0.5 million during the three months ended July 2, 2017 and decreased nominally during the three months ended July 3, 2016. The valuation of LIFO inventory for interim periods is based on our estimates of year-end inventory levels and costs.