XML 22 R8.htm IDEA: XBRL DOCUMENT v3.19.1
Inventories
6 Months Ended
Mar. 30, 2019
Inventory Disclosure [Abstract]  
Inventories
Inventories
Inventories as of March 30, 2019 and September 29, 2018 consisted of the following (in thousands):
 
 
March 30, 2019
 
September 29, 2018
Raw materials
 
$
657,125

 
$
579,377

Work-in-process
 
55,888

 
102,337

Finished goods
 
89,248

 
112,632

Total inventories, net
 
$
802,261

 
$
794,346


In certain circumstances, per contractual terms, customer deposits are received by the Company to offset 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 March 30, 2019 and September 29, 2018 was $126.7 million and $87.7 million, respectively.
In the first quarter of fiscal year 2019, the Company adopted and applied Topic 606 to all contracts using the modified retrospective method of adoption. The prior year comparative information has not been restated and continues to be reported under the accounting standards in effect for fiscal 2018. Refer to Note 13, "Revenue from Contracts with Customers," for further information.