Inventories

12 Months Ended

Dec. 30, 2023

D. Inventories

Inventories consisted of the following as of:


	December 30, 2023		December 31, 2022
	(in thousands)
Current inventory:
Raw materials	$	55,116	$	81,225
Work in process		18,750		20,374
Finished goods		41,907		46,851
Total current inventory		115,773		148,450
Long term inventory		14,369		13,192
Total inventory	$	130,142	$	161,642

As of December 30, 2023 and December 31, 2022, the Company has recorded inventory obsolescence reserves of $7.6 million and $22.0 million, respectively. The reduction in inventory obsolescence reserves was primarily driven by the destruction of previously reserved inventory and improved supply chain processes that resulted in less obsolescence in fiscal 2023.