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Inventories
9 Months Ended
Dec. 31, 2011
Inventories (Note 4):  
Inventory Disclosure Text Block

4.       First-In, First-Out (“FIFO”) based inventory costs exceeded LIFO based inventory costs by $119.9 million as of the end of the third quarter of fiscal 2012 as compared to $90.8 million as of the end of the third quarter of fiscal 2011. The change in the LIFO Reserve for the three months ended December 31, 2011 was an increase of $10,774,000 as compared to a reduction of $2,113,000 for the three months ended January 1, 2011. The change in the LIFO Reserve for the nine months ended December 31, 2011 was an increase of $30,055,000 as compared to a reduction of $6,890,000 for the nine months ended January 1, 2011. This reflects the projected impact of inflationary cost increases expected in fiscal 2012 versus fiscal 2011.