Inventories

9 Months Ended

Sep. 27, 2020

Inventory Disclosure [Abstract]

Inventories

Inventories

Inventories consisted of the following (in thousands):

	September 27, 2020		December 31, 2019
Raw materials	$	25,021	$	27,285
Work-in-process	3,666		5,503
Finished goods	25,173		27,473
	$	53,860	$	60,261

The Company recorded provisions for excess and obsolete inventories of $9,386,000 for the nine-month period ended September 27, 2020, which reduced the carrying value of the inventories to their net realizable value. Charges of $7,718,000 were recorded in the second quarter of 2020 due to lower projected sales of excess inventories as a result of deteriorating global economic conditions from the COVID-19 pandemic.