Inventories

9 Months Ended

Dec. 31, 2017

Inventory Disclosure [Abstract]

Inventories

Inventories

Inventories at December 31, 2017 and April 2, 2017 consisted of the following:

	December 31, 2017			April 2, 2017
(In thousands)
Inventory (FIFO basis)	$	65,597		$	52,735
LIFO reserve	(2,861		)	(1,486		)
Net inventory	$	62,736		$	51,249

The FIFO value of inventories accounted for under the LIFO method was $42.7 million at December 31, 2017 and $37.0 million at April 2, 2017. The remainder of the inventory was valued and accounted for under the FIFO method.

The LIFO reserve increased$0.7 million during the three months ended December 31, 2017 and decreased$0.4 million during the three months ended January 1, 2017. During the nine months ended December 31, 2017, the LIFO reserve increased$1.4 million, while it decreased$0.8 million for the nine months ended January 1, 2017. The valuation of LIFO inventory for interim periods is based on our estimates of year-end inventory levels and costs.