Inventories

12 Months Ended

Dec. 25, 2021

Inventory Disclosure [Abstract]

Inventories

E. Inventories

Inventories consisted of the following:

	December 25, 2021		December 26, 2020
	(in thousands)
Current inventory:
Raw materials	$	78,545	$	69,272
Work in process		17,764		16,846
Finished goods		52,809		44,792
Total current inventory		149,118		130,910
Long term inventory		12,655		9,639
Total inventory	$	161,773	$	140,549

As of December 25, 2021 and December 26, 2020, the Company has recorded inventory obsolescence reserves of $43.1 million and $6.3 million, respectively. The increase in inventory obsolescence was related to hard seltzer inventory that the Company believes will expire, not be used or otherwise offer no net realizable value to the Company based on its current volume and production forecasts. See Note C for further discussion of inventory reserves recorded.