Quarterly report pursuant to Section 13 or 15(d)


3 Months Ended
Apr. 02, 2022
Inventory Disclosure [Abstract]  
Inventories Inventories
Inventories consisted of the following:
(In thousands)
April 2, 2022 December 31, 2021
Finished Goods
$ 29,952  $ 28,579 
Work in Progress
26,866  22,954 
Raw Material
109,270  106,043 
$ 166,088  $ 157,576 
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.