Inventories (Notes)

6 Months Ended

Feb. 23, 2019

Inventory Disclosure [Abstract]

Inventories

Inventories

Inventories consist of the following:

(in thousands)	February 23, 2019		August 25, 2018
Finished goods	$	43,453	$	26,513
Work-in-process	89,904		68,339
Raw materials	96,046		139,039
Total	229,403		233,891
Less last-in, first-out ("LIFO") reserve	39,792		38,763
Inventories, net	$	189,611	$	195,128

Inventory valuation methods consist of the following:

(in thousands)	February 23, 2019		August 25, 2018
LIFO basis	$	174,157	$	176,215
First-in, first-out basis	55,246		57,676
Total	$	229,403	$	233,891

The above value of inventories, before reduction for the LIFO reserve, approximates replacement cost at the respective dates.