Quarterly report pursuant to Section 13 or 15(d)


9 Months Ended
Oct. 01, 2022
Inventory Disclosure [Abstract]  
Inventories Inventories
Inventories consisted of the following:
(In thousands)
October 1, 2022 December 31, 2021
Finished Goods
$ 32,484  $ 28,579 
Work in Progress
33,867  22,954 
Raw Material
123,847  106,043 
$ 190,198  $ 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.