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Inventories (Tables)
3 Months Ended
Apr. 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)April 1, 2023December 31, 2022
Raw materials$30,839 $34,267 
Bulk product200,491 234,871 
Finished product446,544 478,032 
Packaging materials9,075 8,731 
Total$686,949 $755,901