Inventories (Notes)

9 Months Ended

May 25, 2019

Inventory Disclosure [Abstract]

Inventories

Inventories

Inventories consist of the following:

(in thousands)	May 25, 2019		August 25, 2018
Finished goods	$	42,876	$	26,513
Work-in-process	93,949		68,339
Raw materials	94,365		139,039
Total	231,190		233,891
Less last-in, first-out ("LIFO") reserve	40,307		38,763
Inventories, net	$	190,883	$	195,128

Inventory valuation methods consist of the following:

(in thousands)	May 25, 2019		August 25, 2018
LIFO basis	$	184,516	$	176,215
First-in, first-out basis	46,674		57,676
Total	$	231,190	$	233,891

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