Inventories

Inventories as of December 31, 2016 and October 1, 2016 consisted of (in thousands):



	December 31, 2016		October 1, 2016
Raw materials	$	417,635	$	414,303
Work-in-process	66,763		69,423
Finished goods	80,415		80,405
Total inventories	$	564,813	$	564,131

Customer deposits are received by the Company for various reasons, including to offset certain obsolete and excess inventory risks. The total amount of customer deposits related to inventory and included within current liabilities on the accompanying Condensed Consolidated Balance Sheets as of December 31, 2016 and October 1, 2016 was $79.8 million and $74.6 million, respectively.