XML 39 R12.htm IDEA: XBRL DOCUMENT v3.19.3
Inventories
 9 Months Ended
Sep. 28, 2019
Inventory Disclosure [Abstract]  
Inventories Inventories

The Corporation values its inventory at the lower of cost or net realizable value with approximately 73 percent valued by the last-in, first-out ("LIFO") costing method. Inventories included in the Condensed Consolidated Balance Sheets consisted of the following (in thousands):
 
September 28,
2019
 
December 29,
2018
 
Finished products
$
138,767

 
$
97,398

Materials and work in process
77,269

 
94,161

LIFO allowance
(34,114
)
 
(34,381
)
Total inventories
$
181,922

 
$
157,178