Quarterly report pursuant to Section 13 or 15(d)


3 Months Ended
Apr. 01, 2023
Inventory Disclosure [Abstract]  
Inventories Inventories
Inventories consisted of the following:
(In thousands)
April 1, 2023 December 31, 2022
Finished Goods
$ 32,527  $ 30,703 
Work in Progress
30,298  29,895 
Raw Material
137,119  127,385 
$ 199,944  $ 187,983 
The Company has evaluated the carrying value of existing inventories and believe they are properly reflected at their lower of carrying value or net realizable value. Future changes in demand or other market developments could result in future inventory charges. The Company is actively managing inventories and aligning them to meet known current and future demand.