INVENTORIES

6 Months Ended

Sep. 30, 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)	September 30, 2023		April 1, 2023
Raw materials	$	132,002	$	115,016
Work-in-process	15,258		12,572
Finished goods	138,570		131,791
Total inventories	$	285,830	$	259,379

In August 2023, the Company issued a voluntary recall of certain products within the Whole Blood portion of our Blood Center business unit sold to customers in the U.S. and certain foreign jurisdictions. As of September 30, 2023, the Company has recorded charges of $4.3 million related to inventory.