INVENTORIES

Inventories consist of material, labor and overhead costs and are stated at the lower of cost or market value determined under the first-in, first-out accounting method. Certain inventories are measured using the weighted average cost method. Inventories were as follows:



(in thousands)	July 1, 2017		October 1, 2016
Components, assemblies and parts	$	86,246	$	87,119
Customer projects in various stages of completion	31,419		32,575
Finished goods	11,782		12,872
Total inventories, net	$	129,447	$	132,566