Quarterly report pursuant to Section 13 or 15(d)


9 Months Ended
Oct. 02, 2021
Inventory Disclosure [Abstract]  
Inventories Inventories
Inventories consisted of the following:
(In thousands)
October 2, 2021 December 31, 2020
Finished Goods
$ 24,868  $ 26,964 
Work in Progress
25,761  21,987 
Raw Material
106,534  108,108 
$ 157,163  $ 157,059 
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.