| Inventories Inventories, consisting of material, material overhead, labor, and manufacturing overhead, are stated at the lower of cost (first-in, first-out) or net realizable value and consisted of the following: | | | | | | | | | | | | | (in thousands) | July 30, 2023 | | January 29, 2023 | | Raw materials and electronic components | $ | 63,536 | | | $ | 76,919 | | | Work in progress | 78,642 | | | 88,764 | | | Finished goods | 38,053 | | | 42,021 | | | Total inventories | $ | 180,231 | | | $ | 207,704 | |
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