Inventories (Tables)

6 Months Ended

Jul. 01, 2023

Inventory Disclosure [Abstract]

Summary of Inventories

Inventories include the cost of material, freight, direct labor and overhead utilized in the processing of our products and are stated at the lower of cost or net realizable value. Inventories were as follows:

(in thousands)	July 1, 2023		December 31, 2022
Raw materials	$	30,415	$	34,267
Bulk product	189,306		234,871
Finished product	414,555		478,032
Packaging materials	8,445		8,731
Total	$	642,721	$	755,901