INVENTORIES

3 Months Ended

Jul. 01, 2023

Inventory Disclosure [Abstract]

INVENTORIES

8. INVENTORIES

Inventories are stated at the lower of cost or net realizable value and include the cost of material, labor and manufacturing overhead. Cost is determined with the first-in, first-out method.

(In thousands)	July 1, 2023		April 1, 2023
Raw materials	$	129,419	$	115,016
Work-in-process	16,314		12,572
Finished goods	143,474		131,791
Total inventories	$	289,207	$	259,379

In August 2023, the Company issued a voluntary recall of certain products within its Whole Blood business sold to customers in the U.S. and certain foreign jurisdictions. The Company recorded a charge of $3.4 million related to inventory with respect to this recall in the first quarter of fiscal 2024. The Company continues to evaluate the impact of this recall and may record additional incremental charges in future periods.