Inventories

Inventories at April 1, 2018 and April 2, 2017 consisted of the following:



	2018			2017
(In thousands)
Inventory (FIFO basis)	$	65,322		$	52,735
LIFO reserve	(5,586		)	(1,486		)
Net inventory	$	59,736		$	51,249

The FIFO value of inventories accounted for under the LIFO method was $44.0 million at April 1, 2018 and $37.0 million at April 2, 2017. The remainder of the inventory was valued and accounted for under the FIFO method.

We increased the LIFO reserve by $4.1 million in fiscal 2018 due to an increase in per-unit inventory costs of certain bulk commodity products and higher volumes of certain inventory on hand. In fiscal 2017, the LIFO reserve decreased by $2.7 million due to an overall reduction in inventory costs per unit and lower volumes of certain inventory on hand.