Inventories

6 Months Ended

Jul. 04, 2021

Inventory Disclosure [Abstract]

Inventories

Inventories

Inventories consisted of the following (in thousands):

	July 4, 2021		December 31, 2020
Raw materials	$	22,229	$	26,800
Work-in-process	3,996		4,780
Finished goods	42,278		29,250
	$	68,503	$	60,830

The Company recorded provisions for excess and obsolete inventories of $1,111,000 and $1,816,000 for the three-month and six-month periods ended July 4, 2021, respectively, and $7,718,000 and $8,783,000 for the three-month and six-month periods ended June 28, 2020, respectively, which reduced the carrying value of the inventories to their net realizable value. Estimates in 2020 took into account the global economic conditions resulting from the COVID-19 pandemic.