Inventories

12 Months Ended

Dec. 30, 2023

Inventory Disclosure [Abstract]

Inventories

Note 3    Inventories

Inventories, as of December 30, 2023 and December 31, 2022, were valued as follows:

(amounts in thousands)	2023		2022
LIFO	$	201,683	$	192,984
Average cost		94,474		100,290
Total	$	296,157	$	293,274

Management believes the use of the LIFO method for valuing certain inventories represents the most appropriate matching of costs and revenues in the Company’s circumstances. If all inventories were valued on the average cost method, which approximates current cost, total inventories would have been $110.3 million and $103.6 million higher than as reported on the above methods as of December 30, 2023 and December 31, 2022, respectively.