Inventory

3 Months Ended

Sep. 27, 2024

Inventory is stated at the lower of cost (first-in, first-out) or net realizable value, and consists of materials, labor and overhead. On a quarterly basis, the Company uses consistent methodologies to evaluate inventory for net realizable value. Once an item is written down, the value becomes the new inventory cost basis. The Company reduces the value of inventory for excess and obsolete inventory, consisting of on-hand inventory in excess of estimated usage. The excess and obsolete inventory evaluation is based upon assumptions about future demand, historical usage, product mix and possible alternative uses. Inventory was comprised of the following:


	As of
		September 27, 2024		June 28, 2024
Raw materials		$	206,986	$	200,501
Work in process		124,321		118,060
Finished goods		19,781		16,739
Total		$	351,088	$	335,300