v3.23.1
INVENTORIES
3 Months Ended
Apr. 02, 2023
Inventory Disclosure [Abstract]  
INVENTORIES
3. INVENTORIES
Inventories consist of the following:
(thousands) April 2, 2023 December 31, 2022
Raw materials $ 315,559  $ 348,670 
Work in process 22,640  22,630 
Finished goods 132,348  141,516 
Less: reserve for inventory obsolescence (17,074) (14,059)
  Total manufactured goods, net 453,473  498,757 
Materials purchased for resale (distribution products) 182,198  175,061 
Less: reserve for inventory obsolescence (7,288) (5,977)
  Total materials purchased for resale (distribution products), net 174,910  169,084 
Total inventories $ 628,383  $ 667,841