Inventories (Notes)

6 Months Ended

Dec. 28, 2012

INVENTORIES

Inventories consist of the following (in thousands):



	December 28, 2012		June 29, 2012
Finished goods	$	88,956	$	47,728
Work in process	24,895		22,666
Raw materials	33,046		52,997
Total inventories	$	146,897	$	123,391

Finished goods include inventory in transit, at customer sites undergoing installation or testing prior to customer acceptance; such amounts were $59.7 million at December 28, 2012 and $25.7 million at June 29, 2012.

- Definition

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

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